Osmind raises $40M for emerging mental health treatment EHR and more digital health fundings

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Psychological well being EHR Osmind scored $40 million in a Collection B funding spherical led by DFJ Development.

Different contributors embody Susa Ventures, Common Catalyst, Future Ventures, Tiger World, Pear VC and angels Lachy Groom, Brent Saunders, Helena Goodman and Ariel Katz. 

Osmind affords an EHR tailor-made to clinicians and researchers utilizing and learning ketamine and different psychedelics, in addition to transcranial magnetic stimulation for treatment-resistant despair. The newest spherical brings the startup’s whole elevate to $57 million. 

Osmind stated it plans to make use of the capital to proceed to develop and scale its EHR, conduct analysis with new companions and greater than double the dimensions of its staff.

“Osmind helps clinicians treating sufferers with critical and refractory psychological well being circumstances, together with extreme despair, suicidality, PTSD, substance use issues, anxiousness, OCD and extra,” cofounder and COO Jimmy Qian stated in a press release. “By enabling the intense innovation being led by interventional psychological well being practices, we’re doing our half to assist researchers broaden higher, safer, more practical therapies for sufferers who want it most.”


Israel-based precision oncology platform OncoHost raised $35 million in Collection C funding.

The spherical was led by ALIVE Israel HealthTech VC with participation from Leumi Companions, Menora Mivtachim, OurCrowd and current buyers. The funding will go towards increasing the corporate’s clinical trial utilizing its PROphet platform to raised predict a affected person’s response to most cancers therapy.

“That is OncoHost’s third and most important funding spherical so far, demonstrating the corporate’s maturity, credibility and scalability,” CEO Dr. Ofer Sharon stated in a press release. “We’re honored to be supported by main native and world funding funds that perceive and help our imaginative and prescient to shift the panorama of oncology to a very customized strategy and wish to be a part of our journey in revolutionizing most cancers care.”


Tech-enabled house care startup Reverence emerged from stealth with $9.5 million from a financing spherical led by Goal World.

Reverence additionally introduced it had acquired automated staffing platform Hirehand. The corporate works with supplier teams to optimize which caregivers they ship to a affected person’s house on the acceptable time. The platform additionally permits them to share knowledge with different clinicians and relations concerned in house care, and creates condition-specific checklists for caregivers.

“We’ve solely scratched the floor of how home-based care fashions can enhance and save lives,” founder and CEO Lee Hudson Teslik stated in a press release. “Our know-how gives the connective tissue wanted to bridge the hole between hospital and residential unlocking new potentialities and paving the best way to a stronger, extra sustainable and extra clinically efficient future for home-based care.”


Digital pediatric behavioral well being startup Handspring Well being wrapped up a $6.2 million seed spherical led by Newark Enterprise Companions and NextView Ventures.

Different contributors within the spherical embody 25madison Ventures, Arkitekt Ventures and Quantum Angels. The corporate at the moment gives digital remedy for kids between the ages of 10 and 17 in New Jersey. Handspring plans to start seeing youthful sufferers at in-person clinics within the state. The seed funding is supposed to help the method.

The startup additionally plans to make use of the funding to rent extra clinicians, to put money into their know-how and affected person expertise, to companion with payers, and to broaden into new markets. 

“The healthcare system is failing our kids, as systemic limitations have made it unimaginable for households to seek out care that is accessible. When in search of care, households usually face unaffordable charges that aren’t coated by insurance coverage, or waitlists which are a number of months lengthy,” cofounder and CEO Sahil Choudhry stated in a press release. “Furthermore, most new options out there at present are virtual-only; not all youngsters could be handled just about, and plenty of want extra hands-on and in-person consideration.”


Digital psychological well being firm Meru Health obtained a $2 million grant from the Nationwide Institute of Psychological Well being to review the effectiveness of its 12-week app-based program for main care sufferers.

“The significance of this research is big,” Dr. Nicholas Peiper, principal investigator and director of analysis at Meru Well being, stated in a press release. “We’re utilizing gold commonplace strategies to find out the effectiveness of the Meru Well being Program. Conducting this research in main care can also be an enormous step, as a result of the vast majority of individuals experiencing despair initially search care with their main care supplier.”

Meru most not too long ago raised $38 million in Series B funding in September. 

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