Friday, September 30, 2022

Interoperability startup Health Gorilla scores $50M and more digital health fundings

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Data sharing platform Health Gorilla scooped up $50 million in a Series C funding round led by SignalFire with participation from Epsilon Health Investors, IA Capital and Nationwide Ventures.

This round brings the company’s total raise to $80 million, and comes a year after the interoperability startup announced it had closed a $15 million Series B round. Health Gorilla’s FHIR-based platform allows healthcare organizations including payers, providers and labs to exchange clinical data with one another.

The investment will allow the company to expand its commercialization strategies, speed development of its product and hire new staffers.

“This round of funding will be followed by a concentrated push to bring on industry-leading talent across the organization,” Karla Mills, COO of Health Gorilla, said in a statement. “We already have various exciting opportunities available and will have a strong focus on expanding our sales, marketing, engineering, business development and product teams throughout the year.”

MDisrupt announced Monday it had raised $6 million in seed funding round from investors including Bren Investments, Matthew Holt, Chantell Preston, Grail cofounder Jessica Owens, and AKESOgen cofounders Mark Bouzyk and Robert Boisjoli.

The company aims to help digital health startups go to market by providing access to healthcare industry experts, assisting with strategy development and assessing the viability of a startup’s product. It also works with providers, employers and investors to evaluate new technologies.

“The company’s approach consists of three elements: people, platform and data. The platform will digitize solutions for three critical pain points for innovators – access to experts on-demand, clinical early adopters and real-world performance data. The output of the platform reflects the data that will influence key decision-makers and may ultimately be a benchmark for all users.

“Each element builds on the last and comes together to form an intelligent technology-based solution for digital health innovators and the people who use them,” CEO and founder Ruby Gadelrab said in a statement.

Maverick Medical AI, which utilizes artificial intelligence for medical coding, wrapped up a $5 million seed round led by Lionbird and Firstime Ventures.

Other investors participating in the seed include Ariel Maislos, Ofir Shalvi, Ehud Weinstein and Eli Ben Dor. The startup said it had previously raised $2 million in pre-seed funding.

“The addition of these top-tier investors to our company is a vote of confidence for our highly differentiated AI platform,” Yossi Shahak, Maverick’s CEO, said in a statement.

“We are excited to scale our R&D and sales teams to provide our solution for a wider range of clinical domains. Our unique offering is generating significant interest from U.S. providers, and we look forward to expanding our partnerships and customer base.”

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