Oshi Health gets $60M round from Oak HC/FT, CVS Health Ventures
Oshi Health, a virtual care company focused on serving patients with gastrointestinal conditions, closed a $60 million Series C funding round.
Venture capital firm Oak HC/FT led the round. Venture capital firms Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures and CVS Health Ventures also participated in the round.
Related: Digital health funding: Glooko gets $100M, appoints new CEO
The company provides virtual and in-person care for conditions such as Crohn’s disease, ulcerative colitis and irritable bowel syndrome. In a release, Oshi said the funding will be used to add partnerships with more provider groups, increase payer coverage for its services and grow its employer customer base. The company, which has primarily worked with employers and health plans, said it planned to serve Medicare populations next year.
Oshi last raised a $30 million Series B funding round in April 2023.
A16z, Magic Johnson invest in HIV-focused startup
Alchemy, a digital health company focused on HIV and Hepatitis C patients, closed a $31 million seed funding round.
Venture capital firm Andreessen Horowitz led the round with participation from NBA Hall of Famer Earvin “Magic” Johnson. Venture capital firm Sandberg Bernthal Venture Partners and the Banc of California also participated.
The company builds and operates in-house pharmacies for safety-net clinics with a focus on HIV and Hepatitis C patient populations. Alchemy also helps its clinic customers set up in-house pharmacies and uses technology like automated patient text messaging and streamlined pharmacy task management to reach new patient populations and increase medication adherence.
The company said in a release it will use the funding to scale.
EHR company nabs $23M
Healthie, an electronic health record company, raised $23 million in a Series B funding round.
Venture capital firm TCV led the round. VC firms including Birchmere, Velvet Sea Ventures and Greymatter also participated in the round.
The company sells its technology to virtual care groups and digital health companies in specialties not often served by legacy EHR companies including behavioral health, women's health, nutrition and coaching practices. Healthie said it would use the funding to enhance its marketplace and introduce artificial intelligence tools into the clinical experience.
Surgical robotics company raises $30M
Horizon Surgical Systems, a surgical robotics company focused on eye surgery, closed a $30 million Series A funding round.
Venture capital firm ExSight Ventures led the round with an unnamed corporate investor. Investment firm Main Street Advisors and UC Investments, a strategic investment arm of the University of California were among firms participating.
The company is creating assistive surgical robotics that uses AI to enhance surgical decision-making for clinicians. The company said in a release the round will support its development of a product focused on eye surgery.
