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Emergency response platform RapidSOS raises $75M and extra digital well being fundings

by Your Health 247
October 29, 2022
in Health
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Information-driven emergency response platform RapidSOS introduced closing a $75 million funding spherical, bringing its whole capital raised to greater than $250 million. 

The New York-based firm offers emergency responders with real-time well being and placement information earlier than they arrive on the scene, collected from smartphones and different related gadgets starting from wearables to motor autos and close by surveillance programs. 

NightDragon led the most recent spherical of funding, with extra investments from Honeywell, BAM Elevate, Axon, Perception Companions, the Citi Impression Fund, M12, Highland Capital Companions, Playground World, Forte Ventures, Avanta Ventures and C5 Capital. 

In 2021, RapidSOS introduced the shut of an $85 million Sequence C funding spherical led by Perception Companions, noting its platform was in use amongst greater than 4,800 emergency communications facilities throughout the U.S.

At present, the corporate studies a presence in additional than 15,000 first responder businesses on 4 continents. 

“For a decade, we have had the privilege to be taught from our nation’s first responders to construct know-how that helps their life-saving work,” Michael Martin, founder and CEO of RapidSOS, stated in an announcement. “Lots of of tens of millions of lives are impacted every year by the heroism of those people, and we’re honored to have companions on this journey that share in a imaginative and prescient to rework security, safety and emergency response.” 


Chicago-based HealthJoy, a digital worker advantages platform, raised $60 million in Sequence D funding that it’s going to use to speed up development. 

The present spherical was led by Valspring Capital, with participation from new traders Endeavour Imaginative and prescient and CIBC Innovation Banking, bringing the whole raised to greater than $108 million. 

Current traders GoHealth co-founders Brandon Cruz and Clint Jones, US Enterprise Companions, Nueterra Capital, Well being Velocity Capital and Epic additionally participated within the spherical.

HealthJoy, based in 2014, expanded its enterprise from the person medical insurance market to worker engagement and price containment in 2016. 

The corporate affords Pleasure, a digital assistant that helps customers perceive their advantages packages and navigate their care choices via an AI-guided dialog. Together with displaying a person’s protection, the platform contains 24/7 stay care supplier assist and a log of historic claims info and previous conversations.

HealthJoy’s current funding comes after its $30 million Sequence C funding spherical in 2020 and $12.5 million Sequence B funding spherical in 2019.


College-based pediatric telehealth supplier Hazel Well being introduced the closure of a $51.5 million Sequence C1 funding spherical with participation from Owl Ventures, Tao Capital Companions, Memorial Hermann, Firework Ventures and Carrie Walton Penner via Fiore Ventures. 

Hazel Well being companions with faculty districts to supply digital care clinics inside the varsity nurse’s workplace. Hazel additionally offers tools to varsities, corresponding to thermometers and over-the-counter remedy, and trains faculty nurses and workers on launching a go to and taking college students’ vitals. 

The brand new spherical of funding will assist the corporate’s enlargement and permit for continued product innovation.

Hazel introduced a $33.5 million Sequence C elevate headed by Owl Ventures and Bain Capital Ventures in 2020. 


Navina, an Israeli startup creating an AI-based platform for main care suppliers, introduced a $22 million Sequence B funding spherical led by ALIVE Israel HealthTech Fund, with participation from current traders Grove Ventures, Schusterman Household Investments and Vertex Ventures Israel.

The corporate’s instrument builds “affected person portraits” that reorganize disparate affected person information for accessible clinician evaluation and highlights info that might be clinically related to every case. 

The most recent spherical, which doubles the whole funding thus far to $44 million, can be used to speed up the corporate’s development and adoption amongst U.S. doctor teams and the enterprise healthcare market. 

Navina may even additional spend money on its AI know-how and scientific algorithms and increase its integration of rising information sources. 


Galen Robotics, which touts a service mannequin for its surgical robotic platform, introduced the primary shut for an oversubscribed $15 million Sequence A funding spherical led by Ambix Healthcare Companions.

Galen used the Sequence A funding to finish its last robotic prototype and submit the brand new collaborative tender tissue surgical robotic for FDA consideration. It can additionally use the funds to develop scientific care groups, increase engineering, develop surgeon coaching packages and enhance product growth. 

The corporate opened a second shut for the Sequence A funding spherical for an extra $5 million, which it expects to wrap up quickly.


California-based Midi Well being, a digital care clinic for menopause, acquired a $14 million seed funding co-led by Felicis and SemperVirens.

Different individuals within the elevate embody Emerson Collective, Operator Collective, Icon Ventures, Muse Capital, Metal Sky Ventures, and Anne and Susan Wojcicki. 

Midi Well being offers digital care guided by physicians and researchers who oversee a community of nurse practitioners and offers interventions from way of life teaching to prescription remedy. 

The corporate at the moment offers insurance-covered care in California and can use the brand new capital to increase operations nationwide and launch partnerships with hospital programs and U.S. employers. 


Lumata Well being, a apply administration platform for ophthalmology, raised $4 million in a Sequence A spherical.

The spherical, led by Cortago Ventures with participation from Wolfpack Investor Community and 30 working towards ophthalmologists, will assist the clever eye care administration platform scale its presence throughout the U.S. and improve its platform, creating predictive analytics and incorporating automated affected person communication pathways. 

The startup beforehand acquired greater than $2 million in analysis funding from the Nationwide Eye Institute. 



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