Boston-based medical know-how firm Elucidateswhich gives AI-based imaging evaluation software program for cardiovascular ailments, introduced that it has secured $80 million in Sequence C funding, bringing its whole increase to $121 million.
Elevage Medical Applied sciences led the financing, with extra contributions from different traders.
The corporate will use these funds to broaden the commercialization of its AI-based imaging evaluation software program.
“Elevage believes that main this funding in Elucid is crucial to supporting the event and commercialization of its revolutionary diagnostic instruments,” Dr. Evan Melrose, CEO of Elevage, stated in an announcement. “We see a major market want for AI-driven cardiovascular software program and are excited to associate with Elucid to assist enhance the prognosis and administration of coronary heart illness and profit sufferers all over the world.” »
Behavioral well being startup Éléos Santé introduced a $40 million Sequence B funding spherical for its AI-powered voice know-how that collects details about a affected person’s psychological well-being. This fundraising brings the corporate’s whole fundraising to $68 million.
Menlo Ventures led the spherical with participation from SamsungNEXT, ION, Eight Roads, Arkin Digital Well being and F-Prime Capital. Present traders aMoon and lool ventures additionally participated.
The corporate has created synthetic intelligence voice device that may work within the background of a psychological well being session. Clinicians can then use the platform’s AI capabilities to assist them analyze their sufferers.
Eleos will use the funds to gas product improvement, together with the creation and enchancment of AI options for group remedy classes, case administration, compliance automation, concurrent documentation and help for value-based care.
The corporate can even improve its workforce and develop strategic partnerships. The corporate stated it plans to rent greater than 50 individuals by the top of 2024.
“Clinician shortages, unsustainable caseloads and administrative burdens make it tough for suppliers to fulfill demand,” Steve Sloane, associate at Menlo Ventures, stated in an announcement. “Eleos Well being will fill this hole with a platform that mixes unparalleled medical experience and a complicated AI platform constructed on a basis of behavioral health-specific LLMs. Their objective is noble: to generate higher outcomes for sufferers. And the information reveals they’re already doing simply that!”
Vida Well beinga digital power illness care platform, introduced it has raised $28.5 million in funding led by current traders Ally Bridge, Canvas Ventures, Normal Atlantic, Hercules Capital and others.
The corporate connects customers with a private well being coach. The app gives numerous plans for a lot of power bodily and behavioral sicknesses, together with weight reduction, diabetes administration, and psychological well being help.
Well being coaches tailor a consumer’s program primarily based on information from labs, pharmacy claims, units, biometrics and different sources reported by members.
The California-based firm stated it would use the funds to broaden its attain and pursue progress alternatives, notably within the GLP-1 market.
The corporate additionally introduced the appointment of Joe Murad as its new president and CEO. Murad additionally joined Vida’s board of administrators. He succeeds Stephanie Tilenius, who’s stepping down as founder and CEO and can transition to an advisory function.
“Vida is experiencing vital momentum in its enterprise, having delivered best-in-class medical and monetary outcomes for its quickly increasing portfolio of company and well being plan shoppers with respect to cardiometabolic situations. I’m delighted to hitch the corporate at such a key time. in our progress trajectory and we look ahead to constructing an in depth partnership with the Vida Board of Administrators and distinctive staff to additional speed up our enterprise,” Murad stated in an announcement.
Discussion board, a platform that connects facilitators with individuals looking for help and gives digital peer help teams, launched with $5.3 million in seed funding.
The spherical was led by NextView Ventures, with participation from Cue Ball Capital, MBX Capital, Sahil Bloom of SRB Ventures, Shaan Puri, Metropolis Mild Capital and Romeen Sheth.
Discussion board gives peer teams for individuals looking for help with power sickness, loneliness, grief, profession, caregiving, habit restoration, and relationships.
“I’ve seen first-hand the ability of peer help teams to assist individuals overcome challenges of their lives whereas creating a way of group. Our imaginative and prescient is to create a world the place peer help is accessible and reasonably priced for everybody,” Dr Rajiv Kumar, co-founder and CEO of Discussion board, stated in an announcement. “The Discussion board gives a singular digital area for individuals to attach, heal and thrive collectively, with out having to depart the consolation of their houses.”