Stepful raises $31.5M from Oak HC/FT, Intermountain
Stepful, which provides virtual medical training, has closed a $31.5 million Series B funding round.
Venture capital firm Oak HC/FT led the round. A group of venture capital firms including Y Combinator, Reach Capital, AlleyCorp, SemperVirens and Intermountain Ventures, the venture capital arm of the Salt Lake City-based health system, also participated.
Related: Top digital health funding: Mayo Clinic backs pathology startup
Stepful offers virtual and hybrid medical training courses for medical assistants, pharmacy technicians and surgical technicians. The training is designed for people with no clinical or healthcare experience who want to enter the industry. It's also for people in the industry who want to advance their careers. Stepful said in a release it would use the round to expand its client base and add more health system partners.
The round brings Stepful’s total raised to $52 million.
Google Ventures leads $52M round for Diverge Health
Diverge Health, a Medicaid-focused, value-based care company, closed a $52 million unlabeled funding round.
Venture capital firm Google Ventures led the round. Triple Aim Partners, a venture capital firm led by Andrew Hayek, the former CEO of Optum Health, participated in the round along with a syndicate of angel investors, according to Diverge Health CEO Binoy Bhansali.
The company enters into value-based care arrangements with primary care practices and health insurance companies with the goal of lowering costs and improving patient outcomes. Diverge serves patients in Michigan, Ohio, New York and Illinois. Bhansali said the company would use the funding to scale.
Homethrive raises $20M
Homethrive, a navigation platform for caregivers, said it has secured $20 million in a funding round.
Venture capital firms TELUS Global Ventures and 7wire Ventures co-led the round. Other investors include Pitango HealthTech, Human Capital and Outcomes Collective Growth Capital.
Homethrive sells its technology platform primarily to employers and health plans, which then give access to caregivers. The company said in a news release it would use the funding to scale.
Upheal raises $10M Series A
Upheal, a clinical documentation company for mental health providers, has secured a $10 million Series A funding round.
Venture capital firm Headline led the round. Venture firms Credo Ventures and Kaya Ventures also participated.
The company has developed an artificial intelligence clinical documentation software tool that integrates with electronic health records for mental health clinicians. Upheal said in a release the tool works for both in-person and virtual appointments. Upheal said it would use the round to hire employees across clinical operations, product and engineering, as well as customer support.
The round brings the company’s total raised to $14.35 million.
Impilo raises $11.5M
Impilo, a technology company for providers using remote-patient monitoring technology, raised $11.5 million in a Series A funding round.
Venture capital firm Construct Capital led the round. Venture capital firms GC1 Ventures, One Way Ventures and 2048 Ventures participated in the round.
Impilo sells technology to companies that provide remote-patient monitoring services. Impilo has products that focus on device management, customer support and data monitoring. Impilo CEO Josh Stein said the company would use the new capital to expand its go-to-market strategy as it eyes larger companies and payers.
