AlleyWatch
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 5/1/21 featuring funding details for Automox, Honorlock, and twenty-seven other rounds that you must know about.
MedCity News
Read about new developments from Seven Bridges, Blue Therapeutics, Outcomes4Me and more.
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Seven Bridges this week announced the close of the first $15 million of a planned $30 million Series C round from a new life sciences investor. This investment will support the company in its mission to accelerate scientific discovery and speed the path from raw experimental data to new treatments and diagnostics.
“Multi-omics tools are fast-becoming ubiquitous drivers of scientific innovation. As the industry’s leading enterprise bioinformatics ecosystem provider, Seven Bridges provides its clients the ability to facilitate discovery by helping researchers generate meaningful insights from vast quantities of data,” said William Moss, chief executive officer of Seven Bridges. “This new investment is a recognition of the leading role Seven Bridges plays in the future of biomedical innovation and will help us continue to innovate and scale our organization to serv
Dr. Jonathan A. Godin, an orthopedic surgery and sports medicine specialist at The Steadman Clinic in Frisco, demonstrates a knee examination Sept. 2. On Wednesday, April 28, the Summit Chamber of Commerce and Peak Health Alliance hosted an event to discuss affordable health care, including a new model of health insurance that could be beneficial to small businesses with seasonal or part-time staff.
Photo by Jason Connolly / Summit Daily archives
A new health insurance model officially became available last year, but outreach and education efforts were stalled by the pandemic, and some local businesses are still hesitant to learn more.
The option, called an individual coverage health reimbursement arrangement, is available to large and small businesses. According to Peak Health Alliance spokesperson David Rossi, the plan is an alternative to a small or large group coverage plan and could offer more flexibility to businesses and employees.
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DALLAS, April 28, 2021 /PRNewswire/ TakeCommand Health, an innovative health benefits platform, announced it has closed a $12 million Series A funding round led by LiveOak Venture Partners and SJF Ventures. The funding enables the HRA administrator to capitalize on tremendous demand by growing its team, launching new products and features, including a new payments solution, and enhancing design support and account management.
Jack Hooper, CEO and Founder of Take Command Health, is on a mission to create a consumer-centric healthcare system through the widespread adoption of the health insurance reimbursement model. We believe the reimbursement model of insurance is key to helping employers control costs and expand coverage for employees, shares Jack Hooper, CEO, Take Command Health. First year results have demonstrated this can be a real win-win. We re excited to partner with LiveOak Venture Partners and SJF Ventures to propel this new m