Goldman Sachs, Y Combinator invest in digital health this week

Kontakt.io secures $47.5M from Goldman Sachs, others

Kontakit.io, an analytics technology company, raised $47.5 million in a Series C funding round.

The sole investor for the round was Growth Equity at Goldman Sachs Asset Management.

Kontakit.io provides real-time location data software to help health systems optimize staff, equipment and clinical space capacity. The company said the capital will be used to support its growth and artificial intelligence technology expansion.

The round brings the company’s total raised to $68.8 million.

Two Chairs gets $72M in Series C funding

Two Chairs, a hybrid mental healthcare startup, said Tuesday it closed a $72 million Series C funding round led by venture capital firm Amplo and investment firm Fifth Down Capital. Read more. 

The funding is the latest in a series of rounds for mental health-focused digital health companies, despite the broader market slowdown. Grow Therapy, a virtual mental health company, closed an $88 million Series C funding round last Monday. In January, digital behavioral health company Forta announced it secured $55 million in a Series A funding round.

Dot Compliance closes Series B funding round

Dot Compliance, a software-as-a-service company that sells quality management technology, raised $17.5 million in a Series B funding round.

Private investment partnership firm IGP Capital and venture capital firm Vertex Ventures co-led the round. Venture capital firm TYPU Capital participated. 

Dot Compliance sells software to customers including pharmaceutical and biotechnology companies, hospital labs and digital health companies. The company said in a release it will use the capital to accelerate its AI software development and quicken the pace of its customer acquisition efforts.  

The round brings the company’s total raised to $50 million.

SpringTide Ventures closes $65M fund

SpringTide Ventures, an early-stage venture capital firm focused on healthcare technology, closed a $65 million fund.

The fund is SpringTide's second and brings its total managed assets to more than $100 million. SpringTide has previously invested in telemedicine enablement company OpenLoop and data quality company GreatExpectations.io.

Y Combinator backs maternal health-focused startup

LunaJoy Health, a startup focused on maternal mental health, received $4.2 million in an unlabeled funding round. 

The company declined to share the lead investor but said a consortium of venture capital firms including Y Combinator and FoundersX Fund participated.

LunaJoy offers virtual therapy, counseling, medication management and wellness services to patients undergoing a variety of conditions including infertility struggles, postpartum and menopause. The company has a platform that connects providers with patients.

LunaJoy said it will use the round to build out additional capabilities on its provider platform. The company said it plans to use AI to stratify risk in its patient population.

The funding brings the company’s total raised to $6.6 million.