digital health funding
The company plans to use the new money to grow out its business and sales team.
With this raise, in addition to Nayya’s Series A round from earlier this year, the company has raised nearly $50 million to date.
The company plans to use the new funds to expand its therapeutics beyond ADHD.
The company is using the funds to expand into new care areas including sleep, hypertension and diabetes.
Also: MindPortal lands $5 million for its wearable noninvasive brain-computer device and Docbot raises $4 million for its GI-disease-detecting software.
Wheel provides two main services: telehealth staffing opportunities for clinicians and a scalable virtual care platform for companies.
Also: Artificial scores $21.5M for lab automation, medication adherence platform emocha Health completes oversubscribed Series A and DeepScribe raises $5.2M in seed funding.
The new capital will be used to accelerate Cue’s growth.
The company plans to use this Series B round to build out its business.
A new survey by Catalyst@Health 2.0 reveals that more than half of digital health companies reported higher than expected revenue last year.