digital health funding
This funding comes on the heels of the company's launch of Hers, a female health-focused online order and delivery service.
This new funding will help the Israeli company accelerate growth and substantially increase its staff.
Connected hearing aid owners can now request a virtual consultation and receive a scheduling response within 24 to 48 hours.
Nightingale Health secures €20m financing from EIB, GSK and Sanofi join FinnGen study, and more EU …
Also: AXA Venture Partners raises $150m (€130m) to invest in fintech and digital health start-ups; UK Biomedical Catalyst applications now open; Liège University spin-off secures nearly €970,000 to develop its product range.
The new funding was provided by Boston-based private equity firm Abry Partners and will be used to scale the platform globally.
The company plans to use the money to expand its reach in the US, including a expanding to a New York office and more clinical studies.
Limelight’s cloud-based software looks to streamline quoting and underwriting for carriers handling employee benefit plans.
The new money will be put towards growing the company's AI-assisted decision support capabilities and growing its team.
Also: New funding announcements from Nomad Health and Powerdot.
The additional strategic funding will help the telehealth company strengthen its push into European and Asian markets.