Soccer pro Alex Morgan among Nourish investors
Telenutrition platform Nourish raised $35 million in a Series A funding round led by venture capital firm Index Ventures. Venture capital firms Maverick Ventures and TCV participated with existing investors Y Combinator, Thrive Capital and BoxGroup.
The company said professional soccer player Alex Morgan participated in the round as an angel investor.
Read more: Top digital health funding: PocketHealth, Ultrahuman
Nourish works with insurance companies to connect patients virtually with in-network registered dieticians using a matching software. The company said it will use the capital to further develop its digital platform, grow its network of dieticians and enhance payer partnerships.
The round brings the company’s total raised to $44 million.
Andreessen Horowitz, former NBA player back Tennr
Silicon Valley venture capital firm Andreessen Horowitz led an $18 million funding round for Tennr, a startup that sells fax machine automation software to healthcare clients. Venture capital firms Foundation Capital and investor New Normal Fund also participated in the round, which included an angel investment from former NBA player Zaza Pachulia.
The company said the capital will allow it to increase healthcare product offerings, expand its engineering team and invest in research and development.
The Series A round brings Tennr's total raised to $23 million. It also marks another digital health investment for Andreessen Horowitz. Earlier this year, the firm announced investments in Turquoise Health, a healthcare price transparency company, and Ambience Healthcare, an artificial intelligence company for healthcare organizations.
General Catalyst leads InStride Health's $30M Series B round
InStride Health, a virtual mental health provider focused on pediatric anxiety and obsessive compulsive disorder treatment, closed a $30 million Series B funding round.
Venture capital firm General Catalyst led the round. Venture capital firm .406 Ventures and investor Valtruis joined health system fund Mass General Brigham Ventures and Hopelab Foundation in the round.
InStride pairs a psychiatrist, therapist, and an exposure coach with each child to provide real-time support using text and a video- and chat-enabled mobile application. The company said in a release the capital would allow it to continue investing in clinical and expand into new markets.
The round brings the company’s total raised to $56 million.
Pelago raises $58M Series C
Pelago, a virtual substance use management company, secured $58 million in a Series C funding round.
The round was led by venture capital firm Atomico. Investment company Kinnevik joined venture capital firms Y Combinator, Octopus Ventures, Eight Roads and GreyMatter Capital in the round.
Pelago offers virtual substance use management services to employer and health plans. It offers specialized treatment for tobacco, alcohol and opioid use disorders. In a news release, the company said the round would help accelerate product development and advance clinical research efforts.
The investment brings Pelago's total funding to $151 million.
Brightside Health raises $33M
Behavioral telehealth company Brightside Health announced it closed a $33 million Series C funding round.
Venture capital firm S32 led the round, with support from investment manager Kennedy Lewis, venture capital firm Time BioVentures and genetic testing company 23andME CEO Anne Wojcicki.
The company, which serves people with clinical depression, anxiety and other mood disorders, said the round would be used to grow into new markets and launch new future products.
Brightside Health raised $50 million in a Series B funding round in November 2021. The latest funding brings the company’s total raised to $110 million.
Float raises $10M in Series A round
Float Health, a startup focused on home health services, announced it raised $10 million in a Series A funding round.
Venture capital firm Canvas Ventures led the round. Venture capital firms Y Combinator, Wave Capital, Also Capital and Burst Capital also participated. The company aims to connect individuals seeking home infusions to its network of local providers, with an eye toward keeping patients out of hospitals.
A company spokesperson said it plans to use the funding to expand into states beyond California and Arizona, where it currently operates. The round brings Float Health’s total raised to $15 million.
