Berry Street raises $50M
Berry Street, a digital nutrition company, closed a $50 million unlabeled funding round.
This funding was led by investment company Sofina, said Berry Street co-founder and CEO Noah Kotlove in a statement. Other investors included venture capital firms Northzone and FJ Labs.
Related: Top digital health funding: Radiology AI company gets $60M
Berry Street partners with registered dieticians, who work as contract employees, to deliver virtual care to patients. The company markets directly to consumers and through partnerships with employers or payers. Berry Street said it will use the funding to scale.
Goldman Sachs leads $50M funding round in Fay
Fay sells a nutrition platform and services to insurers and self-insured employers. Read more.
Lynx gets $27M in Series A from CVS, others
Lynx, a healthcare financial technology company, closed a $27 million Series A funding round.
Venture capital firm Flare Capital Partners led the round. Venture capital firms CVS Health Ventures and McKesson Ventures joined existing investors .406 Ventures, Obvious Ventures and Frist Cressey Ventures in the round.
Lynx has developed a technology platform that can help health plans issue white labeled health savings accounts and supplemental benefits.
The funding brings Lynx's total raised to $44 million.
Zest Health closes $13M seed round
Zest Health, a virtual care company focused on inflammatory skin diseases, closed a $13 million seed funding round.
Biotech company Roivant was the sole investor for the round.
Zest partners with risk-bearing employers and health plans to deliver telehealth treatments for inflammatory skin conditions like eczema and psoriasis. The company plans to use the funding to grow.
Zest Health, which was founded in April 2022, declined to share its total raised.
Little Otter raises $9.5M
Digital mental health company Little Otter closed a $9.5 million unlabeled strategic funding round.
Venture firm CRV led the round. Venture capital firms Pivotal and Next Legacy also participated in the round.
Little Otter provides virtual mental healthcare to children and their families. The company specializes in caring for children up to six years old. Little Otter works with insurance companies and has a direct pay option. Little Otter has a network of contracted mental health professionals including psychiatrists and operates in 14 states plus the District of Columbia.
Little Otter said it will use the round to enhance its ability to triage patients and create more personalized services.
The round brings the company’s total raised to $36.35 million.
