Humata Health gets $25M from Optum, Blue Ventures
Humata Health, a prior authorization startup, closed an unlabeled $25 million funding round.
Blue Venture Funds, a venture capital fund associated with the majority of Blue Cross Blue Shield plans, and venture capital firm LRVHealth co-led the round. Other investors included Optum Ventures, the investment arm of UnitedHealth Group's subsidiary Optum, and Highmark Ventures, the corporate venture capital investment arm of the Pittsburgh-based Highmark Health.
Read more: Top digital health funding: Better Health, Grayce, Stitch PEO
Humata primarily serves providers with a tool that aims to expediate prior authorization approvals. The company said in a release it plans to use the funding to broaden the scope of its generative artificial intelligence technologies and expand its customer base to include more payers.
Boston-based LRVHealth raised $200 million in May 2023 for its latest fund.
Marigold Health nabs $11M from Rock Health
Marigold Health, a peer support group for people with mental health and substance use conditions, said it closed an $11 million Series A funding round.
Venture capital and research firm Rock Health co-led the round with venture capital firm Innospark Ventures. Other investors included Boston-based health plan company Commonwealth Care Alliance and venture capital firm Wavemaker360.
Marigold operates in Delaware, Rhode Island and Massachusetts. The company offers patients one-on-one coaching from certified peer specialists with 24/7 access to text-based support groups in its application.
The company said in a release the funding will help it expand to at least four states by the end of 2025. Marigold also said it planned to increase its number of peer workforce employees and enhance its natural language processing capabilities.
Talkiatry lands $130M funding round led by Andreessen Horowitz
Talkiatry, a virtual mental healthcare company, said Tuesday it received a $130 million funding round led by venture capital firm Andreessen Horowitz. Read more.
Pomelo Care raises $46M in Series B
Pomelo Care, a virtual maternity care company, closed a $46 million Series B funding round.
Venture capital firms First Round Capital and Andreessen Horowitz co-led the round.
The company offers patients virtual care with teams consisting of obstetric and pediatric care providers, dieticians and therapists. The company aims to address patients’ medical, behavioral, and social needs. Pomelo said in a release it will use the capital to hire additional employees focused on clinical, data, engineering and operations. The company covers 3 million lives and provides care in 46 states.
Pomelo last raised in June 2023 with a combined seed and Series A $33 million funding round.
