Boston-based medical expertise firm Elucid, which provides AI-enabled imaging evaluation software program for heart problems, introduced that it has scored $80 million in Collection C funding, bringing its complete increase to $121 million.
Elevage Medical Applied sciences led the funding, with extra contributions from different buyers.
The corporate will use the funds to increase the commercialization of its AI-powered imaging evaluation software program.
“Elevage believes main this funding in Elucid is pivotal to help the event and commercialization of its groundbreaking diagnostic instruments,” Dr. Evan Melrose, CEO of Elevage, stated in a press release. “We see an necessary market want for AI-powered cardiovascular software program and are excited to associate with Elucid to assist enhance the prognosis and administration of coronary heart illness and profit sufferers worldwide.”
Behavioral well being startup Eleos Health introduced a $40 million Collection B funding spherical for its AI-backed voice expertise that gathers insights right into a affected person’s psychological wellbeing. The spherical brings the corporate’s complete increase to $68 million.
Menlo Ventures led the spherical with participation from SamsungNEXT, ION, Eight Roads, Arkin Digital Well being and F-Prime Capital. Present buyers aMoon and lool ventures additionally participated.
The corporate created a man-made intelligence voice device that may run within the background of a psychological well being session. Clinicians can then use the platform’s AI capabilities to assist analyze their sufferers.
Eleos will use the funds to gasoline product growth, together with creating and enhancing AI options for group remedy classes, case administration, compliance automation, concurrent documentation and value-based care help.
The corporate may even increase its workforce and develop strategic partnerships. The corporate stated it plans to rent greater than 50 individuals by the top of 2024.
“Clinician shortages, unsustainable caseloads and administrative burdens make it troublesome for suppliers to satisfy demand,” Steve Sloane, associate at Menlo Ventures, stated in a press release. “Eleos Well being will shut this hole with a platform that mixes unparalleled scientific experience and a sophisticated AI platform constructed on a basis of LLMs particular to behavioral well being. Their objective is noble: Drive higher affected person outcomes. And the information reveals they’re already doing simply that!”
Vida Health, a digital continual situation care platform, introduced it raised $28.5 million in financing led by present buyers Ally Bridge, Canvas Ventures, Basic Atlantic, Hercules Capital, and others.
The corporate connects customers with a private well being coach. The app provides numerous plans for a lot of bodily and behavioral continual circumstances, together with weight reduction, diabetes administration and psychological well being help.
Well being coaches tailor a consumer’s program primarily based on information from labs, pharmacy claims, units, biometric information and different member-reported sources.
The California-based firm stated it can use the funds to scale its attain and pursue development alternatives, notably within the GLP-1 market.
The corporate additionally introduced the appointment of Joe Murad as its new chief government officer. Murad additionally joined Vida’s board of administrators. He takes over for Stephanie Tilenius, who’s stepping down as founder and CEO and can transition to an advisory place.
“Vida has important momentum in its enterprise, having delivered best-in-class scientific and monetary outcomes for its quickly increasing guide of enterprise and well being plan prospects with respect to cardiometabolic circumstances. I’m thrilled to be becoming a member of the corporate at such a key second in our development trajectory and sit up for shut partnership with the board and the excellent Vida workforce to additional speed up our enterprise,” Murad stated in a press release.
Discussion board, a platform that connects facilitators with individuals in search of help and provides digital peer help teams, launched with $5.3 million in seed funding.
The spherical was led by NextView Ventures, with participation from Cue Ball Capital, MBX Capital, Sahil Bloom of SRB Ventures, Shaan Puri, Metropolis Gentle Capital and Romeen Sheth.
Discussion board provides peer teams for people in search of help pertaining to continual circumstances, loneliness, grief, profession, caregiving, substance use restoration and relationships.
“I’ve seen firsthand the facility of peer help teams to assist individuals navigate challenges of their lives whereas additionally constructing a way of neighborhood. Our imaginative and prescient is to create a world the place peer help is accessible and inexpensive for everybody,” Dr. Rajiv Kumar, cofounder and CEO of Discussion board, stated in a press release. “Discussion board offers a novel digital house for individuals to attach, heal and thrive collectively – with out having to go away the consolation of their dwelling.”
