StartUp Health Insights: Tech-Enabled, Medicaid-Focused Startup Closes $42M

This week’s reported health innovation funding included:

Waymark, a San Francisco, CA-based Medicaid provider enablement company, raised $42M led by Lux Capital, with participation from CVS Health Ventures, Andreessen Horowitz (a16z), and New Enterprise Associates (NEA). <source>

Greater Good Health, an El Segundo, CA-based elder-focused primary care provider, raised $20M led by Flare Capital Partners, with participation from LRVHealth, Health Velocity Capital, Martin Ventures, and Optum Ventures. <source>

Signos, a Burlingame, CA-based metabolic health platform, raised $20M co-led by Cheyenne Ventures and Google Ventures (GV), with participation from Dexcom Ventures and Samsung Next. <source>

PhaseV, an Israeli startup that develops causal machine learning tech to optimize clinical trial design and analysis, raised $15M led by Viola Ventures and Exor Ventures, with participation from LionBird and angel investors. <source>

CIONIC, a San Francisco, CA-based neurotech company developing FDA-cleared bionic clothing for people with mobility differences, raised $12M led by L Catterton, with participation from THVC and other existing investors. <source>

Allara, a New York, NY-based virtual care platform for women of reproductive age with chronic hormonal conditions, raised $10M led by Google Ventures (GV), with participation from Great Oaks Venture Capital, Humbition, Vanterra, Gaingels, and individual investors. <source>

Pair Team, a San Francisco, CA-based provider of a virtual and community-based primary care solution, raised $9M led by Next Ventures, with participation from PTX Capital, Kapor Capital, Kleiner Perkins, Y Combinator, Create Health Ventures, Augment Ventures, OCA Ventures, CHCF Innovation Fund, and angel investors. <source>

Thoughtful, a New York, NY-based mental health app designed to help combat loneliness, raised $7M from VCP Ventures. <source>

Gero, a Palo Alto, CA-based biotechnology company focused on aging and chronic diseases, raised $6M led by Melnichek Investments, with participation from VitaDAO and Leonid Lozner. <source>

Lillian Care, a Heidelberg, Germany-based health tech company that establishes hybrid practices for general medicine throughout Germany, raised €2.4M ($2.6M) led by Nina Capital, with participation from Aescuvest, Caesar Ventures, OHA BTG, Calmstorm, and individual investors. <source>

Healthcaters, a Berlin, Germany-based developer of a medical self-screening station and an AI-powered health coaching app, raised $1.2M led by Barmenia Next Strategies, with the participation of Venpace, DvH Ventures, and angel investors. <source>

Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

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