MedTech health and data company AcuityMD scores $45M and more digital health fundings

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AcuityMD, which gives a well being knowledge software for the medical expertise trade, introduced it secured $45 million in funding, bringing its complete increase to greater than $83 million.

ICONIQ Progress led the spherical, with participation from Stepstone Group, Atreides Administration, Benchmark Capital, Artisanal Ventures and Redpoint Ventures. 

The Boston-based firm’s platform combines medical gadget knowledge from gross sales to affected person outcomes so producers can monitor the efficiency of their merchandise.

The corporate will use the funds to develop its product’s attain with MedTech producers. 

“We’re lucky to work with improbable monetary companions in addition to skilled MedTech trade executives who broaden the attitude of our Buyer Advisory Board,” Michael Monovoukas, CEO and cofounder of AcuityMD, stated in a press release.

“With this extra capital, we purpose to launch three new merchandise to normal availability, develop our pipeline administration answer to extra prospects and develop our engineering and product groups by 70% by the top of 2024 to assist our mission of accelerating the adoption of cutting-edge medical expertise.”


Digital coronary heart and lung illness well being startup Eko Health introduced it raised $41 million in Sequence D financing.

ARTIS Ventures, NTTVC, Questa Capital and Highland Capital Companions participated within the spherical. 

California-based Eko Well being combines ECG-enabled digital stethoscope gadgets with monitoring and evaluation algorithms to assist suppliers detect coronary heart rhythm abnormalities and different coronary heart and lung ailments. 

The corporate will use the funds to scale entry to its early illness detection platform globally. 

“Simply as Ring reworked doorbells into house safety methods, Eko has reinvented the world’s most ubiquitous medical software into a strong early illness detection platform, creating the world’s largest set up base {of professional} AI-enabled cardiology gadgets,” Connor Landgraf, CEO and cofounder of Eko Well being, stated in a press release.

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