Investor
As more competitors enter an already oversupplied telehealth market, gaining consumer loyalty will be even harder, especially when competing against brands like Walmart and Amazon.
Also: Rupa Health raised $20 million for its lab test platform, and CancerIQ scooped up $14 million in Series B funding.
That amounts to a 139% increase from 2020, according to CBInsights' State of Mental Health Tech 2021 Report.
The agreement also allows the companies to develop new or improved tools for Dario's chronic condition management platform.
Also: Nayya rakes in $55 million for health navigation, and Synapse Medicine rakes in $28 million.
The deal comes less than a year after the direct-to-consumer virtual care company scooped up Modern Fertility.
Also: Vocal biomarker company Kintsugi raises $20 million, VR startup XRHealth scoops up $10 million and Gesund.ai emerges from stealth with $2 million.
According to Trilliant Health's trends analysis, 45.7% of telehealth patients only had one visit.
TapCloud will bring its patient-facing app to WellSky's offerings.
It also plans to bring its chronic disease management app to Europe.