StartUp Health Insights: CarePredict Raises $29M to Help More Seniors Stay Well | Week of Jul 18, 2023 | by StartUp Health | Jul, 2023


CarePredict’s innovative technology autonomously identifies changes in daily activity and behaviors that precede health issues such as UTIs, falls, malnutrition, and depression.

Funders, learn how you can back Health Transformers like Satish Movva, CEO & Founder of CarePredict.

CarePredict, a StartUp Health company that uses AI, predictive analytics, and wearable devices to scale senior care beyond reliance on human observation, closed a $29M Series A-3 investment co-led by SV Health Investors’ Medtech Convergence Fund and Aspire Healthtech Partners, with participation from Secocha Ventures, Las Olas Venture Capital, family offices, and individual investors. <source>

This week’s reported health innovation funding included:

Causaly, a London, UK-based tech company using AI to interpret large datasets and literature, raised $60M led by ICONIQ Growth, with participation from Marathon Venture Capital, Index Ventures, Pentech Ventures, EBRD Visionaries Club, and individual investors. <source>

Recursion, a Salt Lake City, UT-based biotech company that recently acquired StartUp Health portfolio company Cyclica, raised $50M from Nvidia. <source>

VitalConnect, a San Jose, CA-based remote and in-hospital wearable biosensor technology company, raised more than $30M led by Revelation Partners, with participation from Pacific General Ventures and EW Healthcare Partners. <source>

Torch Dental, a New York, NY-based digital procurement partner for dental practices, raised $28M led by Health Velocity Capital, with participation from Bessemer Venture Partners, FJ Labs, Felicis Ventures, Tectonic Ventures, Raga Partners, and Town Hall Ventures. <source>

Herself Health, a St. Paul, MN-based startup providing primary care to women 65 and over, raised $26M led by Accretive, with participation from Juxtapose. <source>

Parker Health, a Washington, DC- and Dallas, TX-based biotech company for EHRs, hospitals, and subscription-based health services, raised $25M led by Bias Capital, with participation from L’PAJ Ventures, CGT Capital Group, and other angel investors and family offices. <source>

Affect Therapeutics, a McLean, VA-based app to support patients struggling with alcohol and drug addiction, raised $16M led by ARTIS Ventures, with participation from AlleyCorp, CityLight, LifeArc Ventures, Samsung Next, and What If Ventures. <source>

Sonio, a Paris, France-based prenatal care company, raised $14M from Cross-Border Impact Ventures, European Innovation Council and SMEs Executive Agency (EISMEA), Elaia, OneRagtime, Bpifrance, and angel investors. <source>

Eureka Health, a San Francisco, CA-based provider of a community dedicated to helping chronic disease patients share experiences and discover treatments, raised $7M led by Khosla Ventures, with participation from South Park Commons, Bling Capital, SciFi VC, Able Partners, Bow Capital, and angel investors. <source>

Smartlens, a Santa Clara, CA-based developer of a contact lens for glaucoma detection, raised $6.1M led by Ambit Health Ventures, with participation from Stanford University, Sophia Innovation Capital, Graphene Ventures, Plaisance Capital Management, Boutique Venture Partners, Wilson Sonsini Investments, and 3E Bioventures. <source>

Fold Health, a San Francisco, CA-based provider of a platform to support the needs of value-based primary care, raised $6M from Iron Pillar and angel investors. <source>

Gradia Health, a San Francisco, CA-based provider of an integrated concierge care platform for clinics, raised $4.2M led by MaC Venture Capital, with participation from YCombinator, Soma Capital, Atlanta Ventures, and several angel investors. <source>

Hello Pediatrics, a Fairfax, VA-based provider of after-hours telehealth services, raised $3M led by Sequoia Health Strategies and Dialectic Capital. <source>

Wavely Diagnostics, a Seattle, WA-based digital diagnostics company developing smartphone-based apps for data-driven virtual pediatric care, raised $1.35M led by Robin Hood Ventures, with participation from WRF Capital, Ambit Health Ventures, the WXR Fund, Wealthing, HealthTech Capital, and Princeton Alumni Angels. <source>


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