Investing
The company will be expanding its global team and fleshing out its medical-device and software data-management platform.
The startup says it aims to provide one hundred million people with better access to healthcare by 2025.
Also: Optum Ventures leads unspecified investment into DocASAP; Wellsheet to build up engineering and go-to-market teams with $3.8 million Series A.
The funds will support new product development, as well as growth of its distribution channels and commercialization efforts.
Proceeds will be used to drive growth of its core digital therapy platforms for people managing musculoskeletal conditions and fund expansions into new conditions.
The round was led by Oxford Sciences Innovation with participation from Mayo Clinic.
Augmedics’ employees raised $4 million after investments halted as a result of COVID-19.
The company will be working on new virtual workout content and broader sales and marketing efforts within the U.S.
The funding will be used to radically overhaul Germany’s desk-based operating health systems.
Conversa Health, an automated virtual care communication platform, closed $12 million in a Series B funding this week.