Therapy is a growth market. That, at least, was the trend following the onset of the COVID-19 pandemic. Total annual U.S. mental health spending, estimated at around $280 billion in 2020, rose sharply in subsequent years across age groups, boosted in part by the rise of telehealth platforms. These days, more than one-fifth of American […]
Claure Bets on AI Startup K Health at $900 Million Valuation
(Bloomberg) — K Health, an artificial intelligence company that provides a chatbot to patients before they speak with primary care-focused physicians, raised $50 million in an equity funding round led by Marcelo Claure’s Claure Group, Chief Executive Officer Allon Bloch said in an interview. Royalty Pharma Plc founder Pablo Legorreta, and existing investors Mangrove Capital […]
How Can Digital Health Startups Stand Out In Today’s Landscape?
The digital health world has found itself in a “probably historically bad financing and funding environment,” noted Michael Greeley, partner at Flare Capital Partners, during a panel held last week at the HIMSS conference in Orlando. “In 2021, our sector saw $30 billion of capital come in. We were creating a little over 1,000 companies, […]
Alabama’s IVF ruling alarms women’s health startup founders and investors
Good morning, Broadsheet readers! The woman primed to become Goldman Sachs’ first female CFO is leaving the firm, states are protecting health care workers who distribute abortion pills, and women’s health founders and investors respond to Alabama’s IVF ruling. Have a restful weekend. – Without IVF. The reversal of Roe v. Wade was just the […]