Today, Infermedica (HT ‘18) announced a $10M Series A financing round for their AI-driven platform that helps insurance, telemedicine companies, and health systems increase efficiency through fast, digital symptom-checks. The platform has nearly 60 B2B partners across 30 countries, including Microsoft, Allianz, Global Excel, Sana Kliniken, and Médis, and has performed more than 6 million health checks globally. Read here.

TrekIT Health (HT- ‘18) announced closing $1M in additional seed financing. TrekIt’s technology is a HIPAA compliant and secure, real-time workspace for synthesizing information across EHRs and care teams. Clinicians love TrekIT because of its intuitive and predictive interface which serves as a cure for disjointed information systems and a replacement for paper task lists. Read more.

Ruvna, a safety and communication platform for school systems, is releasing a new product this fall providing COVID-19 screening, tracking, and compliance for schools and districts called Ruvna Health. Learn more about the solution here.

Last week, EnsoData (Healthtech - Spring 2019) announced a $9 million Series A financing round led by Venture Investors and Zetta Venture Partners, with participation from Dreamit Ventures. Their platform transforms billions of waveform data points collected from sensors in medical devices and wearables into an easy-to-read report, so clinicians can make faster, more accurate diagnoses.

Wellth, a platform designed to improve treatment adherence using behavioral economics, announced the closing of their $10M Series A round, co-led by yabeo and Boehringer Ingelheim Venture Fund (BIVF). Wellth graduated from Dreamit’s Healthtech program in 2016.

Net Health has acquired Tissue Analytics, a pioneering developer of automated mobile wound and skin imaging and predictive analytics solutions. The Baltimore-based startup graduated from Dreamit’s Healthtech program in 2014.

We are excited to announce that Dreamit has teamed with Accenture, one of the world’s leading professional services companies, in an effort to connect Accenture’s strategy and innovation leadership to the startup founders at Dreamit working on transformational products in healthcare and urban tech.
 

MedAware, Dreamit Health 2016, leverages advanced machine learning algorithms to help prevent medication mistakes, improving patient safety and saving lives.

Fintech startup MPOWER Financing (Dreamit Spring 2016), which provides educational loans to high-potential, international students, has launched a $100 million debt financing round to meet its growing pipeline of loan applications.

We are excited to announce that Adam Dakin has joined the firm as Managing Director of Health. In this role, Adam will have direct responsibility for overseeing the hands-on de-risking and acceleration of cutting edge digital health and medical device companies from around the world. 

Blackstone today announced that it has acquired a majority stake in Philadelphia-based cloud computing analytics and migration automation leader Cloudamize. Cloudamize, an alum of Dreamit Health, will form a new software business unit within Cloudreach,  a company majority owned by Blackstone Tactical Opportunities, and continue to scale its industry-leading cloud analytics platform and independent global partner ecosystem.

Dreamit Health alumnus from 2016 raises $6M in venture funding. Utilizing sensors built into a range of wearables, including smartwatches and smart bands, the Somatix platform allows organizations to remotely maintain continuous, bi-directional contact with those under their care.

Voiceitt, the Israel-based developer of translation technology for people with speech disabilities, closed $2 million of funding with investors Cahn Capital, Amit Technion, the venture unit of the Technion, Israel’s Institute of Technology, Quake Capital Partners, Dreamit Ventures, Buffalo Angels and a number of individuals. 

The startup, which was co-founded by CEO Danny Weissberg and CTO Stas Tiomkin, is a graduate of the DreamIt Health accelerator. Investors in Voiceitt’s seed round include Amit Technion, Dreamit Ventures, Quake Capital, Buffalo Angels, 1,000 Angels and other angels.

Eight breakthrough companies accepted into the 5th year of Dreamit Health. A partnership with Penn Medicine and Independence Blue Cross has helped to launch companies like BioBots, Biomeme, TowerView Health, Wellth and nearly 75 others.

Higher education is expensive in the U.S., especially for international students who don't have access to federal student loans. It's a problem that inspired Manu Smadja and Mike Davis, to found Washington, D.C.-based MPOWER Financing. The two-year-old startup connects students to loans from investors without the need for a co-signer, attracting Indian venture capital firm Zephyr Peacock to lead a $6 million funding round. Previous investors also joined the round, including area-firms 1776 Ventures and VilCap Investments.