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Chapter scores $42M for Medicare navigation platform; Quris rakes in $28M and different digital well being fundings

Share this…FacebookPinterestTwitterLinkedin Digital Medicare advisor Chapter landed $42 million in a Collection B funding spherical led by Addition, with participation…

By Staff , in Medicare , at January 12, 2022

Digital Medicare advisor Chapter landed $42 million in a Collection B funding spherical led by Addition, with participation from Narya Capital, Susa Ventures, Maverick Ventures, XYZ Enterprise Capital, Core Innovation Capital and Health2047 Capital Companions.

The corporate is ready to assist employers work with their staff on switching their plans to Medicare. Sufferers can use the platform to navigate the Medicare system. 

As of at this time, the corporate has a complete of $61 million in funding.  

Medical prediction software program firm Quris nabbed $28 million in seed-funding spherical led by Welltech Ventures, with participation from iAngels and GlenRock Capital. 

The brand new money is anticipated to assist develop the crew, and assist area novel drug R&D efforts. The instrument’s scientific AI prediction platform is presently working with companions on drug improvement for Fragile X syndrome (FXS). 

“Now could be the time to faucet expertise to remodel drug improvement and finish the expensive cycle of failed scientific trials,” Quris CEO Isaac Bentwich stated in an announcement. “The added investor assist will assist Quris develop the crew and partnerships wanted to create a transparent view to foretell the scientific security of medication for particular person sufferers. With the expertise advances at our disposal, we are able to shut the scientific prediction hole.”

Maternity-focused digital well being firm Diana Well being scored $11 million in a Collection A funding spherical led by LRVHealth and .406 Ventures, with participation from AlleyCorp. The brand new funds will probably be used to assist the startup launch its first location.

The corporate companions with hospitals to convey tech-backed providers to sufferers and clinicians digital sources to personalize the maternity journey.  

“The care we obtain as ladies, notably throughout being pregnant and delivery, has the potential to impression inhabitants well being throughout generations whereas constructing lifelong connections between a household and their healthcare supplier,” Kate Condliffe, cofounder and CEO of Diana Well being, stated in an announcement.

“Conventional care fashions could make it difficult for suppliers to embrace this chance. That’s why we’re utterly restructuring care packages to offer partaking, complete well being assist that may drive significant change within the lives of ladies and households.”

Boston-based startup PostEra scored $24 million in Collection A funding for its machine studying preclinical drug discovery expertise. The spherical was led by Clermont Group with participation from Breyer Capital, Lifeforce Capital and I2BF World Ventures, in addition to present traders. 

The brand new funds will go in the direction of serving to the corporate proceed to develop its medicinal chemistry platform, in addition to crew up with different corporations and start its personal drug discovery. 

“PostEra has made massive strides in demonstrating the actual utility of our AI-first medicinal chemistry platform to speed up small molecule drug discovery,” Aaron Morris, CEO of PostEra, stated in an announcement. “Now we have a confirmed report in deploying our machine studying expertise to unify the Design-Make-Check cycle of medicinal chemistry and vastly enhance upon conventional trial-and-error based mostly approaches.”

Senior-focused insurtech firm the Helper Bees introduced a $12.8 million Collection B funding spherical. Belief Ventures led the spherical, with participation from Silverton Companions, Northwestern Mutual Fund Ventures, Affect Engine and Congress Avenue Ventures. 

The corporate is concentrated on serving to seniors age in place. The corporate works with an individual’s insurance coverage firm to offer knowledge analytics and tech-backed providers, in addition to streamlined insurance coverage claims. 

Ianacare, a Boston-based startup centered on supporting caregivers, landed $12.1 million in Collection A funding, in response to TechCrunch.

The service lets caregivers create social circles of family and friends members to assist with day by day duties. It helps hyperlink customers to advantages and native sources, and additionally supplies teaching. 

Digital self-neuromodulation remedy firm GrayMatters Well being introduced a $10 million Collection A funding spherical. Otsuka Medical Gadgets led the funding spherical. 

The Israeli firm is concentrated on treating psychological well being circumstances. It makes use of ECG and fMRI knowledge to create an individual’s EEP (Electrical Fingerprint) biomarker. The system contains an EEG-neurofeedback gadget that may assist regulate a affected person’s EFP biomarker, in response to its web site. 

“GrayMatters is introducing the primary digital therapeutic gadget that straight targets and regulates particular mind biomarkers related to psychological issues, whereas digitizing present remedy strategies give attention to mitigating the ensuing signs and behaviors,” stated Oded Kraft, GrayMatters Well being cofounder and CEO.

“This funding spherical will assist GrayMatters Well being full its scientific investigation, get hold of clearance from regulatory authorities and launch Prism for PTSD in the US. It additionally helps our collaboration with McLean Hospital, the most important psychiatric affiliate of Harvard Medical Faculty and a member of Mass Common Brigham. Collectively we plan to conduct a scientific investigation to find out Prism’s efficacy and security as an adjunct therapy for Main Depressive Dysfunction (MDD) with anhedonia.”

Digital scientific trial platform CRIO scored $9 million in Collection B funding. Abbhi Capital led the spherical, with participation from Rally Ventures and NXT Ventures. This new funding spherical brings the corporate’s complete increase to $15.7 million. 

The brand new infusion of money will go in the direction of increasing the product, engineering and business-development groups. The Boston-based firm works with plenty of healthcare stakeholders to assist streamline regulatory workflows and seize scientific knowledge. 


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