Investing
While equity investments in telemedicine rose 139% to $4.3 billion, other areas like data analytics and mobile health apps also earned strong support from investors.
The funds will be used to drive European leadership in digital chronic disease prevention and management.
The company is using the new funds to hire more staff in leadership positions.
The SaaS company specializes in reputation management and targeted marketing for doctors, practices and healthcare organizations.
The company will use the funding to expand its teledermatology services and 600 specialists in the DACH region.
Sequoia Capital and NewView Capital participated in the latest funding round.
The nearly 20-year-old brand started as an online hub for providers, but now hosts consumer-facing resources and in-person health clinics.
The company's lead offering for employer customers has so far reached more than 250,000 users.
The company attributed much of its success to growing smartwatch sales.
With the creation of digital twins in studies, Unlearn generates an intelligent control arm that can reduce the sample size and decrease the number of participants given the placebo.