Mergers and acquisitions
SteadyMD announced a $25 million Series B raise in March 2021.
The deal will allow the company to offer a combination of in-person physical therapy and virtual coaching tools.
The all-cash deal is expected to close by the end of the year, subject to regulatory clearance.
The Wolf+Friends app will relaunch this summer to include support groups facilitated by DotCom's mental health professionals as well as educational content.
The secondary care platform will soon offer online doctor consultations as part of its expansion into primary care.
This marks the company's second deal this year. It announced plans to acquire a network of fertility clinics in February.
Weldon offers chats with therapists, social workers and parenting coaches as well as group support and educational content.
The completed deal comes weeks after LetsGetChecked announced its intent to acquire Veritas Genetics and Veritas Intercontinental.
Also: Mount Sinai Innovation Partners launches a BIPOC-focused fund, and Carbon Health acquires more clinics in Southern California.
The proposed acquisition and research partnership will add to the biopharmaceutical giant's growing digital capabilities and bolster its efforts "to pave a new era for digital health".