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☆ Exclusive: French VC firm Ventech has exited digital music company Believe and launched its 6th fund
▼ + stars: | 2024-04-30 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Read previewVenture capital firm Ventech has sold its stake in digital music company Believe, saying the company's lack of liquidity has led to it being "chronically undervalued" on the Paris Stock Exchange. "It wasn't really possible to use the Believe stock to accelerate its build-up," he added. Related stories"The management wanted to size the company, but the stock price and liquidity wasn't allowing that," he said. Ventech has raised an initial closing for its sixth fund, targeted at around €225 million ($241 million). Ventech has made initial deals from its sixth fund, backing French startup Firecell and German real-estate management company Einwert.

Persons: —, Ventech, Jean Bourcereau, Thomas Bravo, Bourcereau Organizations: Service, Paris Stock Exchange, Business, London Stock Exchange Locations: Ventech, €, Europe, Stockholm

☆ Exclusive: GroundGame Health and SameSky Health are merging with $17 million from 7wireVentures and Elevance to get underserved patients access to care
▼ + stars: | 2024-04-30 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

The newly combined company also landed a $17 million Series A led by 7wireVentures. The venture firm is an existing investor in SameSky Health. Health insurance giant Elevance Health, formerly known as Anthem, an existing investor in GroundGame Health, also participated in the round. By addressing these barriers together, GroundGame CEO Susan Rawlings Molina said, GroundGame and SameSky can help more patients access healthcare while saving money for payers. While SameSky's technology can help underserved patients seek out care, GroundGame can close the loop by removing barriers to their access to that care, she said.

Persons: —, 7wireVentures, Susan Rawlings Molina, Molina, we're, SameSky, GroundGame, they're, Lee Shapiro, Alyssa Jaffee, Robert Garber, Glen Tullman, haven't, Abner Mason, Garber Organizations: Service, SameSky, Business, Health, 7wireVentures Industry Locations: Health, healthtech, SameSky

☆ Healthcare Startup Valuations Are Coming Back to Earth — Except in AI
▼ + stars: | 2024-04-15 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +7 min

The frenzy has investors across industries rushing to get into AI deals, including in healthcare. AdvertisementStill, healthcare startups using AI have already raised hundreds of millions of dollars this year, especially to automate tedious administrative tasks for providers and health plans. Andrew Arruda, CEO of Flexpa FlexpaThe AI long-haulNot every startup needs to be an AI startup. AdvertisementPlus, healthcare companies that do want to use AI face higher stakes than other industries, contending with numerous privacy, regulatory, and safety issues, Kong noted. For example — if healthcare AI makes a mistake, could patient health be impacted?

Persons: —, Scott Barclay, Nina Achadijan, Shiv Rao Abridge, VCs, nabbed, CodaMetrix, Aike Ho, Christina Farr, Andrew Arruda, that'll, Flexpa, he's, Flexpa's, Kong, Todd Cozzens, it's Organizations: Service, Business, Insight Partners, ACME Capital, nab, Catalyst, HealthQuest, Transformation Locations: Tech, Kong

☆ AI-powered Cherish Health has raised $26 million and is set to raise a $30 million Series B — and hasn't grabbed a single dollar from VCs. Here's why.
▼ + stars: | 2024-03-25 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

But with his latest startup, Cherish Health, he's taking a different approach. To date, Cherish Health, which makes a radar-based device to detect falls in the home, has raised $26 million from these alternative sources. Cherish Health is now gearing up to raise its Series B round, targeting $30 million at a $200 million valuation. In late 2022, Cherish Health landed $5 million in Series A funding led by Alarm.com at a $45 million valuation. If Cherish Health had gone the way of traditional venture capital, Nagpal said, "we would've given up most of our value by now."

Persons: Sumit Nagpal, Nagpal, he's, we've, JP Morgan, Health's, Health, Alarm.com, consortiums, aren't Organizations: pharma, Abbott, Business, Accenture, Health, Apple, Comcast, Amazon, Cherish Health Locations: Alere, Haven, Amazon , Berkshire, Alarm.com, VCs

☆ Exclusive: Glen Tullman's startup Transcarent is raising $125 million in new funding at a $2.1 billion valuation
▼ + stars: | 2024-03-25 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Read previewLivongo veteran Glen Tullman's latest venture, healthcare startup Trascarent, is raising a Series D round, Business Insider has learned. The sources said the round values Transcarent at about $2.1 billion. Related storiesIt's been a difficult fundraising environment for growth-stage healthcare startups — and that's reflected in Transcarent's latest fundraising push. Transcarent has raised $298 million to date, last grabbing $200 million in a January 2022 Series C round that boosted its valuation to $1.6 billion. Transcarent also acquired 98point6's virtual care platform in March 2023 to offer on-demand telehealth care.

Persons: —, Glen Tullman's, General Catalyst, Leslie Krigstein, Transcarent, Tullman, Teladoc, 98point6 Organizations: Service, General, Business, Catalyst, Human, Ally, Group, Alta Partners, Merck Global Health Innovation Fund, Jove Equity, Ventures, GreatPoint Ventures, Intermountain Healthcare, Rush University Medical, Soda Health Locations: Transcarent

☆ I spent my mid-20s managing my autoimmune disease. Autoimmune patients are underserved, so I started a health company to address the problem.
▼ + stars: | 2024-03-17 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

When I hit my 20s, my health started to change. I also learned that I had Lyme Disease — maybe from a tick bite at Yosemite — which can trigger autoimmune responses. And since 80% of autoimmune patients are women, it became clear to me that this was a women's health crisis that no one was paying attention to. In 2022, I launched WellTheory, a virtual care platform that offers evidence-based nutrition and lifestyle coaching to mitigate autoimmune symptoms. You don't need to look sick to be sick, so they often fly under the radar at workplaces.

Persons: Ellen Rudolph, — Organizations: Yosemite Locations: Yosemite, New York

☆ A cardiologist explains 1 thing you can do to test your heart health — and simple exercises to improve it
▼ + stars: | 2024-03-15 | by ( ) www.businessinsider.com time to read: +4 min

Thanks to cutting-edge wearables and advances in the booming fitness tech industry, it's easier than ever to keep tabs on your heart health in real time. While it can be motivating to measure your health progress with metrics like resting heart rate, the real test is low-tech, Paz said. "For the vast majority of people, you don't need any of this stuff. Once you understand your current fitness level and heart health, you can set yourself small, achievable goals, then try the test again and see exactly how much you've improved. You don't need to run a marathon tomorrow," he said.

Persons: —, Edo, Paz Organizations: Service, Business, White Plains Hospital Locations: Edo Paz, White, Paz

☆ Eli Lilly taps Amazon Pharmacy to help deliver weight loss drug Zepbound, other medicines to patients
▼ + stars: | 2024-03-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Eli Lilly on Wednesday said Amazon Pharmacy will help send certain prescription drugs, including the red-hot weight loss treatment Zepbound, to patients' homes through the drugmaker's new direct-to-consumer program. The website, LillyDirect, connects people with an independent telehealth company that can prescribe certain drugs if they are eligible. LillyDirect plans to expand the medicines it offers and the companies it partners with in the future, Eli Lilly said. Amazon Pharmacy offers free two-day deliveries to patients with an Amazon Prime membership, which will also apply if they use LillyDirect. But he told CNBC that Eli Lilly expects Amazon Pharmacy and Truepill to have similar processing and shipping times.

Persons: Eli Lilly, Eli Lilly's, Frank Cunningham, Cunningham, Truepill, John Love, We're, Lilly Organizations: Amazon Pharmacy, Amazon, CNBC Locations: U.S

☆ Your resting heart rate is a key sign of fitness and longevity. Improve it with 2 types of workouts.
▼ + stars: | 2024-03-12 | by ( ) www.businessinsider.com time to read: +5 min

"Your resting heart rate tells you so much about your cardiovascular fitness," he told Business Insider. AdvertisementAnywhere from 60 to 100 beats per minute is typically considered a normal resting heart rate, according to Paz. Athletes, especially in endurance sports, can have a resting heart rate as low as 40 beats per minute. How can you improve your resting heart rate? "As you train, your resting heart rate is going to go down," Paz said.

Persons: —, Edo, Johnsons, It's, Mike Thomson, Paz, Kate Baird, Baird, Thomson, I'd Organizations: Service, White Plains Hospital, Business, Hospital for Special Locations: Edo Paz, White

☆ Deleting social media and shopping apps from my smartphone has saved me thousands of dollars. I also sleep better at night.
▼ + stars: | 2024-03-10 | by ( Ashley Keenan | ) www.businessinsider.com time to read: +5 min

I have spent hundreds of hours and thousands of dollars from the comfort of my couch. At first, it was bliss; swiping from app to app, filling carts like I was browsing the aisles of the supermarket. I spent thousands of dollars each month on Amazon, Instacart, Wayfair, Etsy, Sephora, and other shopping apps. But instead of applying for jobs or pitching editors, I spent hours cycling through social media apps each day. My relationship with my smartphone has changed significantly since I removed the food and shopping apps.

Persons: — Organizations: Service, Business, Nokia

☆ A tech entrepreneur shared the 'stoke, stage, stack' habit-creation framework that helps him keep habits up 365 days a year
▼ + stars: | 2024-03-10 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

Ron Gutman, a tech entrepreneur, shared his 'stoke, stage, stack' framework to make habits last. Gutman runs 365 days a year, even when it's snowing because he's always prepared for the environment. One tech entrepreneur shared his "stoke, stage, stack" framework that turns goals into long-lasting habits. "I run every morning, no fail, 365 days a year," Gutman said adding that he runs on the beach or in the park. If I didn't have the proper running shoes, I would very quickly hurt myself.

Persons: Ron Gutman, Gutman, he's, —, You'll, " Gutman, it's, James Clear's, BJ Fogg's, BJ Fogg Organizations: Service, Stanford University Locations: stoke

☆ Fijoya is bringing AI to employer-sponsored healthcare benefits. Here's the pitch deck it used to raise $8.3 million.
▼ + stars: | 2024-03-07 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Digital health benefits startup Fijoya just came out of stealth and announced an $8.3 million seed round from Team8, the Israeli venture group that creates startups and invests in existing ones across the cyber, data infrastructure, fintech, digital health, and AI industries. As Americans are spending more than ever on healthcare, Fijoya is one of many healthtech startups cropping up to tackle the financial aspects of healthcare. Now, out of stealth, Fijoya is focusing on giving employees an easier way to choose healthcare benefits that best suit their lifestyles. "This end-to-end approach signifies our commitment to simplify health benefits by offering a wide range of options with a seamless discovery, selection, and payment process.'" Check out the 15-slide pitch deck Fijoya used to raise its seed funding round.

Persons: Team8, Baruch Levy, Levy Organizations: Business, Health, Lightspeed Venture Partners, Norwest Venture Partners Locations: Team8, Israel

The ramifications of a cyberattack on a critical health care technology company are still being felt across the U.S. nearly two weeks later. Change Healthcare has acknowledged the hack, which reportedly affected billing and care authorization portals. “Our experts are working to address the matter, and we are working closely with law enforcement and leading third-party consultants such as Mandiant and Palo Alto Networks on this attack against Change Healthcare’s systems,” Change Healthcare said. “On Feb. 21, 2024, we discovered a threat actor gained access to one of our Change Healthcare environments,” Change Healthcare said. A spokesperson affiliated with Change Healthcare declined to answer whether a ransom has been paid, according to Wired.

Persons: paychecks, Chuck Schumer, Jesse Ehrenfeld, Rick Pollack, “, ”, Schumer, ” Schumer, Pollack Organizations: Healthcare, Palo Alto Networks, New, American Medical Association, Department of Health, Human Services, American Hospital Association, HHS, AHA, UnitedHealth Group, The Washington Post, Justice Department, Health, Medicare, Medicaid Services, Wired, Change Healthcare Locations: U.S, Palo, New York, Optum

☆ Venture capital firm's plan to buy nonprofit hospital system has Ohio community on edge
▼ + stars: | 2024-03-02 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +17 min

In late 2022, Harrison joined venture firm General Catalyst, which has backed tech highfliers like Stripe, Snap and Airbnb . This is the first holistic transformation of a health system to a thoughtful combination of digital and in-person care." "It just makes people a little nervous, and it doesn't feel quite aligned with this concept of health care being a human right." To revolutionize how we care for patients, we in health care are doing the same." "This is not like a turnaround, this is not a distressed system," Harrison said.

Persons: Marc Harrison, who's, Astrid Stawiarz, Mark Zuckerberg, Elon Musk, He's, screeds, Harrison, Catalyst, HATCo, Fitch, Ceci Connolly, Connolly, She's, Freddy Krueger, John Bass, Bass, he's, Chris Bischoff, Bischoff, it's, Harrison isn't, Michael Greeley, Greeley, Beaumont, Cliff Deveny, hadn't, Deveny, Ben Sutton, Sutton, Shammas Malik, James Hardy, Hardy, Mayor Malik, Malik, we've, Capital's Greeley, Catalyst's Organizations: Healthy, CNBC, Intermountain Healthcare, Catalyst, Summa Health, Health Assurance Transformation Corporation, Summa Health Medina, Urban Institute, Fitch Ratings, Alliance of Community Health, General Catalyst, HCA Healthcare, University of California Davis Health, Intermountain, Flare Capital Partners, Beaumont Health, Health, Akron, Ideastream Public Media, HATCo Locations: New York City, Silicon Valley, Utah, Ohio, Harrison, PitchBook, U.S, Canada, Israel, Michigan, Beaumont, Akron, Summit County, Akron's

☆ Your VO2 max is like a '401(k) for longevity' — here's how to invest in it for better heart health and a longer life
▼ + stars: | 2024-03-02 | by ( ) www.businessinsider.com time to read: +10 min

Having a higher VO2 max is good, but more important for health is how the number changes over time. There's a way to use VO2 max to improve heart health and fitness without getting too bogged down in the data. So you have a higher VO2 max, you have a better endurance capacity," Blander said. Men tend to have a slightly higher VO2 max, so an example for an active man could be around 42 mL/kg/min. "If you have higher VO2 max you have a much better chance based on our data analysis to live better, longer, which is amazing," Blander said.

Persons: —, Bryan Johnson, Gil Blander, It's, Blander, Archibald Hill, Hartley Lupton, Edo, Louw, Paz, Mike Thomson, Kate Baird, Baird, Thomson, Nico De Pasquale Organizations: Service, Apple, Cleveland Clinic, White Plains Hospital, Getty Locations: Edo Paz, White

☆ A tech entrepreneur shared the advice Steve Jobs once gave him that's helped him find success and happiness in his career
▼ + stars: | 2024-03-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA serial tech entrepreneur recalled some words of wisdom that Steve Jobs shared with him that have helped him face challenges over his career and kept him moving forward. Gutman, who has headed numerous companies during his career, told Business Insider that Steve Jobs gave a commencement speech when he graduated from Stanford in 2005. Jobs said it led to a creative period in his life during which he founded two companies and fell in love. Frame challenges as adventuresGutman explained that if you're not passionate about the work you're doing or are solely motivated by money, you're more likely to give it up for something else.

Persons: —, Steve Jobs, Ron Gutman, Gutman, Steve, Jobs, Steve Wozniak, Apple, I'm, You've, We're Organizations: Service, Stanford University, Business, Stanford, Apple

☆ Stocks making the biggest moves premarket: Dell, New York Community Bancorp, HP and more
▼ + stars: | 2024-03-01 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

New York Community Bancorp — Shares fell more than 20% after the regional bank disclosed on Thursday evening that it had found issues with its "internal controls." The company topped analysts' expectations for earnings per share by 3 cents, according to LSEG. But Hewlett Packard posted $6.76 billion in revenue, under the Wall Street forecast of $7.11 billion. Autodesk — Shares jumped 8% after the software company posted a beat in its latest quarterly results. Analysts polled by LSEG had anticipated per-share earnings of $1.95 on revenue of $1.43 billion.

Persons: NYCB, Hewlett Packard, LSEG, Root, Jeffries, Alex Harring, Samantha Subin, Jesse Pound, Tanaya Macheel, Sarah Min, Michelle Fox Organizations: York Community Bancorp, JPMorgan, Dell –, Hewlett Packard Enterprise, Daimler, Autodesk —, Autodesk

☆ Samsung debuts a 'smart ring' with health-tracking features — its first foray into the product category
▼ + stars: | 2024-02-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

The Samsung Galaxy Ring has various sensors to track things like heart rate. Samsung teased the Galaxy Ring in January during the press conference when it launched the S24 smartphone. All of that will be accessible through the Samsung Health app. The Galaxy Ring is the newest product category in health. The Samsung Galaxy Ring will work in conjunction with Samsung's smartwatches.

Persons: Pak, Samsung's smartwatches Organizations: Samsung, Samsung BARCELONA, CNBC, Samsung Electronics, Samsung Health, South, Mobile, Samsung Pak Locations: Barcelona

☆ Gait speed is one of your vital signs, so make sure yours is OK
▼ + stars: | 2024-02-18 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +7 min

While everyone’s gait differs, you may develop an abnormal gait due to illness, injury, genetics, or issues with your legs or feet. What a gait analysis can uncover about your healthAssessing gait can predict gross motor delays in kids, fall risks in older adults and, when coupled with a cognition decline, the risk of dementia. “We’re looking at gait speed, cadence — the number of steps per minute — variability in gait speed and cadence, step length, the time both feet are spent on the ground, stance and more,” said Stephanie Wakeman, a physical therapist and OneStep’s director of clinical operations. But if you’re interested in a gait analysis to boost your athletic performance or prevent injury, you may have to pay out of pocket. “I would also love it if gait analysis was part of the recovery program for anybody who has knee, ankle or hip surgery,” Heiderscheit said.

Persons: Gait, ”, Bryan Heiderscheit, Achilles tendinopathy, ” Heiderscheit, “ It’s, Heiderscheit, “, Stephanie Wakeman, Wakeman, ” Wakeman, you’re, Melanie Radzicki McManus Organizations: CNN’s, CNN, American Medical, Association, University of Wisconsin, Badger, US Food and Drug Administration Locations: orthopedics, Madison

“It isn't just sort of creepy,” said Washington state Rep. Vandana Slatter, the sponsor of a law her state adopted last year to rein in unauthorized use of health information. X-Mode was also found to have sold location data to the U.S. military. In Virginia, legislation that would prohibit the issuance of search warrants, subpoenas or court orders for electronic or digital menstrual health data recently cleared both chambers of the Democratic-controlled General Assembly. “The next step to enforcing an abortion ban could be accessing menstrual health data, which is why I’m trying to protect that data,” Favola said in a committee hearing. “The software supply chain is extremely polluted with location tracking of individuals,” he said.

Persons: Roe, ”, Vandana Slatter, “, Albert Fox Cahn, Sen, Ron Wyden, Wyden, He’s, It's, Washington's, Andrea Frey, Democratic Sen, Barbara Favola, Glenn Youngkin, ” Favola, Favola, “ It’s, Republican Sen, Mark Peake, Youngkin's, Sean O'Brien, he's, ___ Mulvihill, Frank Bajak, Sarah Rankin Organizations: Democratic, Supreme, Wade, Oregon Democrat, Intelligence, The Veritas Society, Wisconsin, Federal Trade Commission, Securities Exchange Commission, FTC, ., Democrat, Republicans, Connecticut, Assembly, Virginia Gov, Republican, Yale Privacy, Associated Press Locations: U.S, Washington, Oregon, Wisconsin, Massachusetts, Nevada, York, California, Maryland, ” Illinois, Hawaii , Illinois, Maine , Maryland , Massachusetts , Missouri, South Carolina, Vermont, In Virginia, Cherry Hill , New Jersey, Boston, Richmond , Virginia

☆ Unfabled wants to close the gender health gap. Check out the 10-slide pitch deck it used to raise $1.6 million from Morgan Stanley.
▼ + stars: | 2024-02-06 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

London-based Unfabled, which launched in 2021, has developed a data-driven health platform for women. A key issue that Samano wanted to tackle was the wide gender health gap in the UK, which currently has the largest health gap between genders in the G20, and the twelfth largest globally, a study by men's health platform Manual found. "Another major cause of the gender health gap is the lack of sex-aggregated data, which creates a lack of insight and understanding across women's health," Samano told Business Insider. "Alongside our consumer platform, our data science is helping to fill in a lot of the blanks that currently exist in women's health." With the fresh funding, Unfabled will grow its consumer offerings, and also double down on its data-driven recommendations for women's health.

Persons: Morgan Stanley, Hannah Samano, Samano Organizations: Business, Exceptional Ventures Locations: London

☆ These are the 7 healthcare startups primed to IPO when the market reopens
▼ + stars: | 2024-01-29 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

Only one digital health startup went public in the US in 2022 — digital therapeutics company Akili Interactive, whose shares have since crashed a whopping 97%, per MarketWatch. Not a single healthcare startup went public last year. ArriVent Biopharma went public a few days later, bringing in $175 million. AdvertisementIndustry experts remain skeptical about whether the public markets will be ready for a successful healthcare IPO this year. Business Insider has identified seven startups that could be considering an IPO as the markets reopen, based on conversations with top VCs and bankers and public filings.

Persons: —, Metagenomi, ArriVent Biopharma Organizations: Service, Business, Akili Interactive, Alto Neuroscience, Oncology, BrightSpring Health Services, KKR, Walgreens, Industry

☆ The Key Issues for Business in a Likely Trump-Biden Rematch
▼ + stars: | 2024-01-27 | by ( Sarah Kessler | Vivienne Walt | ) www.nytimes.com time to read: +1 min

After beating Nikki Haley in New Hampshire on Tuesday, Donald Trump reaffirmed his position as the leading candidate to win the Republican nomination. That has business leaders facing the possibility of another Trump presidency, and their investors trying to figure out what it could mean for their bottom lines. During Blackstone’s quarterly earnings call on Thursday, an analyst wanted to know if uncertainty over who would win a likely Biden-Trump matchup could freeze deal flow. (“At the end of the day, do you think he’s going to be more interested in attacking the A.C.A. or something else?” he said of a potential Trump presidency.

Persons: Nikki Haley, Donald Trump, Trump, ”, Jonathan Gray, Ralph Andretta, Jeff Arnold, “, Lori Esposito Murray Organizations: Republican, Biden, Trump, Economic Development, Conference Board Locations: New Hampshire

☆ This startup is opening a mental health clinic that offers ketamine therapy. We got an exclusive look at the pitch deck it used to raise $5.4 million.
▼ + stars: | 2024-01-25 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +5 min

Read previewVenture investment in mental health startups exploded in 2021. Being Health, an integrated mental healthcare company, is opening its first location, located in Manhattan's Financial District. Services like ketamine infusions and acupuncture will have to be administered in person, but others, like nutrition counseling, will have a virtual option, Sharma said. "When it comes to this novel approach to addressing mental health, you can't do that with telehealth." See the 17-slide pitch deck mental health startup Being Health used to raise $5.4 million in seed funding.

Persons: —, Allie Sharma's, Sharma, Janssen, Haim Dabah, Dabah Organizations: Service, Business, Financial, HDS, FDA, Janssen Pharmaceuticals, Being Health, Services, HDS Capital Locations: New York, New York City

☆ Forta is betting big that AI can help improve access to autism therapy. Take a look at the presentation the healthcare startup used to raise $55 million from Insight Partners.
▼ + stars: | 2024-01-23 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

The healthcare startup, Forta, raised a Series A funding round in January led by Insight Partners. Das added that because every child using Forta receives personalized care, the startup's AI is trained to look at health records and recommend treatments. Indeed, a clinician shortage is creating opportunities for digital health startups to build out mental healthcare services. Mental health coaching startup tapouts just raised a $3.2 million seed round, while incumbents Brightline and Hazel Health have each raised tens of millions of dollars to provide pediatric mental healthcare. Take a look at the 14-slide pitch deck Forta used to raise its $55 million Series A funding round.

Persons: —, Warby Parker, Allbirds, Forta, Ritankar Das, Forta's, Das, Hazel Organizations: Service, Business, Insight Partners, Exor Ventures, Ventures, Mental, Hazel Health

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