Investing
The company plans to use the money to help expand its pipeline and scale.
The MobiHealthNews team welcomes alumna Heather Mack to help unpack a staggering quarter for the industry.
The company will grow its services nationwide with the new cash.
The company has created a portable ultrasound and corresponding workflow software.
The combined deal was worth $320 million in cash and stocks.
The funding brings MedRhythms total amount raised to $34 million since its inception.
The investment round was led by Felix Capital and will enable the company to scale current offerings and expand into new areas.
Also: Nym Health gets $25M to scale its medical code platform, healthcare cost-transparency startup Turquoise Health scores $5M, and Oova closes a seed round.
Also: digital chatbot Woebot raises $90M in Series B, b.well lands $32M for company growth and CITYROW closes Series A to enhance its digital platform and open new studios.
The new firm has a focus on investing in Canadian digital health companies.