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Redesign Health scores $65M and more digital health fundings

by | Sep 13, 2022 | Health Blog | 0 comments

Redesign Health, which helps construct, launch and discover funding for digital well being startups, introduced Tuesday it had raised a $65 million Sequence C spherical led by Common Catalyst.

Different individuals within the elevate embrace CVS Well being Ventures, UPMC Enterprises, Eden World Companions, Euclidean Capital, Samsung Subsequent, TriplePoint Capital and Declaration Companions. According to reporting by Fast Company, the Sequence C brings Redesign’s post-money valuation to $1.7 billion.

Based in 2018, Redesign stated it has launched greater than 40 well being tech corporations, together with home-based care startup MedArrive, most cancers care-coordination platform Jasper Health and hybrid psychological well being firm UpLift

As a part of the financing, Common Catalyst CEO and managing director Hemant Taneja will be a part of Redesign’s board of administrators. The corporate introduced a $250 million raise in March 2021. 


Healthcare knowledge analytics startup PurpleLab raised $40 million in a Sequence B funding spherical led by Primus Capital, with participation from Edison Companions.

The corporate affords a platform that helps healthcare organizations analyze real-world knowledge to find out how effectively interventions are engaged on a inhabitants stage. It should use the funding to spend money on new knowledge property, product growth and new hires.

“We’re laser centered on creating infrastructure and instruments to help our shoppers in changing real-world knowledge into real-world proof, and this funding will speed up the speed of adoption, conversion and supreme return on their funding,” Mark Brosso, CEO and founding father of PurpleLab, stated in a press release.

“Understanding comparative efficiency of varied remedies for each situation is changing into simpler by means of applied sciences similar to de-identification by way of tokenization and is being additional pushed by legislative mandates such because the twenty first Century Cures Act. In a world with elevated entry to RWD, the most important problem lies within the means to readily interpret the information.”


Supplemental advantages startup Soda Well being scooped up $25 million in Sequence A funding.

According to Axios, Lightspeed Enterprise Companions, Outline Ventures and Qiming Ventures participated within the elevate. The corporate launched in August 2021 with $6 million in seed funding.

Soda offers a tech platform that enables well being plans to reimburse for items and companies that are not supported by conventional medical claims, like wholesome meals, over-the-counter medicine and transportation. Shoppers can buy these items with a health-plan debit card. 


BabyLiveAdvice, which offers digital maternal and toddler healthcare, introduced it had closed a $1.1 million seed spherical led by Venn Ventures and Synergen Know-how Labs.

Taking part strategic buyers embrace Venn Ventures, Synergen Know-how Labs, Ob Hospitalist Group (OBHG), CareFirst BCBS and LifeBridge Well being. 

“Via our BabyLiveAdvice partnership, we look ahead to offering new maternal care assets to our sufferers and hospital companions,” Dr. Amy VanBlaricom, OBHG chief medical officer and BabyLiveAdvice board member, stated in a press release. “We’re particularly enthusiastic about BabyLiveAdvice’s potential to positively affect sufferers with entry to care challenges and the minority populations we serve.”



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