Top digital health funding: Cedars-Sinai fund backs data startup

Cedars-Sinai fund joins Oak HC/FT in backing data startup

Regard, a data and analytics company focused on missed diagnoses, announced the close of a $61 million Series B funding round. 

Venture capital firm Oak HC/FT led the round. Cedars-Sinai Health Ventures — the fund for the Los Angeles-based health system — participated, along with with existing venture capital investors TenOneTen Ventures, Calibrate Ventures and Techstars.

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The company sells a tool that integrates with Oracle and Epic electronic health records. The tool scrapes patient data to help find missed diagnoses. The company also offers technology that drafts clinical notes.

Regard said in a news release it will use the funding to invest in growing its offerings, enhancing its artificial intelligence large language model and hiring more sales-focused staff.

The round brings Regard’s total funding to $81 million.

Courier Health raises $16.5M

Courier Health, which offers customer relationship management software for life sciences companies, announced the close of a $16.5 million Series A funding round.

Venture capital firm Norwest Venture Partners led the round, with support from venture capital firm Work-Bench. Norwest announced the close of a $3 billion fund in April.

Courier sells a software platform that aims to streamline the experience of patients on specialty medicines, with workflows for prior authorization and medication adherence. It primarily serves smaller biotechnology companies focused on rare and chronic diseases.

The startup will use the funding to invest in its product and hire additional engineering and sales employees, according to a release.

The round brings Courier Health’s total raised to $20.5 million.

Cardiac monitoring company secures $43M

Octagos Health, a cardiac device monitoring software company, announced it closed a $43 million Series B funding round. 

Morgan Stanley Expansion Capital led the round. Venture capital firm Mucker Capital participated.

Octagos sells a cloud-based, continuous monitoring platform that aggregates data from cardiac devices including pacemakers, defibrillators, ambulatory monitors and consumer wearables.

The company said in a release it will use the investment to expand its platform capabilities and bring on more employees in operations and sales.

The round brings Octagos' total funding to $52 million. 

Healthcare automation company raises $5.6M

Synthpop, a healthcare workflow and automation company, announced the close of a $5.6 million seed funding round.

Venture capital firm Peterson Ventures led the round. Venture capital firms Defy.vc, Zelda Ventures, Think + Ventures and OVO Fund participated in the round.

The company sells a product that leverages artificial intelligence to automate processes such as referrals, order validation and payer phone calls. It markets its offering to healthcare providers, manufacturers and supplier customers.

Synthpop will use the money to hire additional engineers and increase marketing efforts, a spokesperson said.

The investment brings the company’s total raised to $8.2 million, following a pre-seed round.