Solera Health closes $40M round from HCSC
Solera Health, an employer-focused digital health company, closed a $40 million Series E funding round.
Health Care Service Corporation, a Blue Cross and Blue Shield licensee across five states, co-led the round with an unnamed existing investor. Other investors in the round included Adams Street, Cobalt Ventures and Horizon Mutual Holdings.
Related: Top digital health funding: Hippocratic AI gets $141M
Solera, which was founded in 2015, has deveoped an engagement platform employers and health plans use to connect members and employees to digital health companies. A Solera spokesperson said the company would use the capital to scale and add artificial intelligence tools to its platform.
The round brings Solera’s total raised to $160 million.
Qventus lands $105M in funding from KKR, Bessemer
Qventus is receiving $105 million in a Series D funding round as the interest in healthcare artificial intelligence reaches a fever pitch. The company provides software designed to help hospitals manage capacity for inpatient, emergency and surgical care. Read more.
Women’s health-focused Teal Health raises $10M
Teal Health, a women’s health company focused on cervical cancer detection, raised an additional $10 million as part of its seed funding round.
Emerson Collective, an investment company that was founded by Laurene Powell Jobs, the widow of former Apple CEO and co-founder Steve Jobs, and venture capital firm Forerunner in co-led the round. Other investors included Metrodora Ventures, a venture capital firm co-founded by Chelsea Clinton, Serena Ventures, which was founded by tennis star Serena Williams, and diagnostics company Labcorp.
Teal has developed an at-home cervical screening device and telehealth platform that is awaiting Food and Drug Administration approval. A company spokesperson said the capital will help Teal bolster its telehealth platform, patient portal and customer support tools.
The round brings Teal's total raised to $23 million.
Core Sound Imaging receives $80M investment from PSG
Core Sound Imaging, a medical imaging software company, is receiving an $80 million investment from growth equity firm PSG, the companies said. Core Sound has developed a medical imaging platform for hospitals, radiology practices and other provider organizations. Read more.
IntusCare raises $11.5M for PACE programs
IntusCare, a company focused on building technology tools for elder care, raised $11.5 million in follow-on funding for its Series A round.
Investment firm Deerfield Management led the round. Other investors included the Citi Impact Fund and Jumpstart Nova.
IntusCare sells technology to organizations participating in the Program of All-Inclusive Care for the Elderly, which is better known as PACE. The company will use the funding to launch PACE-specific electronic medical record and care management tools.
The additional capital brings the company’s total raised to $27 million.