Tuesday Health gets backing from industry stakeholders
Tuesday Health, a hybrid value-based care company focused on serious illnesses, announced it was launching with $60 million in funding from a group that included healthcare stakeholders.
CEO Jim Wieland said in an interview the company plans to go live in Ohio, its first market, in July.
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Healthcare investor Valtruis joined the Blue Venture Fund — associated with Blue Cross Blue Shield companies, the Blue Cross Blue Shield Association and the independent firm Sandbox — and Mass General Brigham Ventures, the Boston-based health system’s venture capital arm, in the round. CareSource, a managed care organization, also participated.
Eir Partners announces $496M fund
Eir Partners Capital, a private equity firm focused on healthcare technology and tech-enabled services, announced the close of a $496 million fund.
The Miami-based firm, which typically invests between $25 to $100 million in companies at various stages and completes controlled buyouts, said the program was raised in less than four months.
The firm has previously invested in digital health companies including revenue cycle management-focused Capta Health Partners, digital experience company Helpware, and Equian, a payment integrity and data-mining company acquired by UnitedHealth Group in 2019.
Atropos Health closes $33M Series B round
Atropos Health, a clinical data company, announced it closed a $33 million Series B funding round.
The company, which markets a real-time evidence research platform for healthcare and life science clients, said in a news release it will use the funding round to further invest in its value-based care business.
Healthcare investor Valtruis led the round, joined by venture capital firm Cencora Ventures and company venture funds McKesson Ventures and the Merck Global Health Innovation Fund. Existing investors Breyer Capital, Presidio Ventures and Emerson Collective, which was founded by Steve Jobs' widow, Laurene Powell Jobs, also participated.
The round brings the company’s total funding to $58.8 million.
Mental health assessment platform raises $5.6M
Videra Health, a mental health assessment platform, announced it raised $5.6 million in a Seed II funding round. Venture capital firm Peterson Ventures led the round. Investment firm Mercato Partners and venture capital firms Epic Ventures and Philo Ventures also participated.
The company, which sells an AI-assisted platform that helps analyze video data to detect changes in facial expressions, body movements and speech patterns, said the funding will help it further grow.
Oncology platform startup secures $4.5M
OncoveryCare, an oncology care company, announced the close of a $4.5 million seed funding round led by venture capital firm .406 Ventures. McKay Institute for Oncology Transformation at Tennessee Oncology also participated.
The company said in a news release it was launching a virtual care model for cancer patients that includes toxicity management, mental health support and navigation.
