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haven't - 1 Greg Yap - 1 Doba Parushev - 1 CareFirst - 1 Parushev - 1 Jenny Chang - 1 Rodriguez - 1 Alyssa Jaffee - 1
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☆ Many digital health startups are quietly raising down rounds and closing up shop. Here's why.
  + stars: | 2024-11-26 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +9 min
Now, VCs say many digital health startups are cutting their valuations to live another day. As of mid-November, PitchBook data shows 327 digital health startups that grabbed funding in 2021 but haven't raised since. Not even the AI boom, which has brought back-to-back fundraises for hot healthcare startups like Abridge, can make up for the discrepancy. "There are more digital health companies that are selling assets, selling people, or whatever they can," said Greg Yap, a partner at Menlo Ventures. AdvertisementVCs told BI they're pushing the next generation of healthcare startups for better discipline in balancing growth with profits.
Persons: haven't, Greg Yap, Doba Parushev, CareFirst, Parushev, Jenny Chang, Rodriguez, Alyssa Jaffee, she's, that's, Ruth, Alison Greenberg, Healthworx's Parushev, Forward's, Rob Price, Axios, LetsGetChecked, Galym, Yap, cofounders Umar Afridi, Sid Viswanathan, VCs Organizations: Healthcare, Business, Menlo Ventures, Healthworx Ventures, Getty, Ruth Health, Carta, Optum Ventures, Lightspeed Ventures Partners, Omada, Walgreens, Walmart Locations: Forward's San Francisco
☆ Meet Mona Patel, the tech entrepreneur and philanthropist who stole the show at the Met Gala
  + stars: | 2024-05-09 | by ( Samantha Grindell | ) www.businessinsider.com   time to read: +4 min
Read previewOn Monday night, the biggest fashion event of the year took place in New York City: the Met Gala . AdvertisementBut few made as many waves as Mona Patel, an entrepreneur who wore a custom Iris van Herpen gown to her first Met Gala. Mona Patel attends the 2024 Met Gala. Mona Patel turned heads at the 2024 Met GalaThanks to the dramatic ensemble she wore to make her Met Gala debut, Patel was among the most talked-about attendees of the event. Mona Patel at the 2024 Met Gala.
Persons: —, Mona Patel, Iris van Herpen, Patel, Sean Zanni, Vogue, Anna Wintour, Emma, John Shearer, Casey Curran, Mike Coppola, Chris Martin, Edgar Martin, Sidney Jamila, Roach — Zendaya's, Roach Organizations: Service, Metropolitan Museum, Art's Costume, Business, Rutgers University, Haute Mona, Forbes, LinkedIn, Harvard Business School, Stanford Graduate School of Business, MIT Sloan School of Management, CareFirst, Couture, Vogue India Locations: New York City, India, Florida, Mumbai
☆ $5.7 billion Cityblock Health is planning 'aggressive' growth. Its CEO shares how the startup wants to use M&A and more mental-health services to make that happen.
  + stars: | 2022-11-21 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +5 min
Cityblock Health isn't putting its growth on pause as a recession looms. But Cityblock Health isn't slowing down. The startup's "aggressive" plans for growth include expanding its mental-health and maternal-health services, Ajayi said, adding that the company could also make some acquisitions. Cityblock isn't looking to buy any companies that work with members outside Medicaid and Medicare. While Cityblock can afford to ride out a recession, the startup isn't ignoring the market downturn, Ajayi said.
☆ $5.7 billion Cityblock Health is planning 'aggressive' growth. Its CEO lays out how expanding mental-health services and dealmaking might be in the cards.
  + stars: | 2022-11-21 | by ( Rebecca Torrence | ) www.businessinsider.com   time to read: +5 min
Cityblock Health isn't putting its growth on pause as a recession looms. But Cityblock Health isn't slowing down. The startup's plans for growth include expanding its mental-health and maternal-health services, Ajayi said, adding that the company could also make some acquisitions. Cityblock isn't looking to buy any companies that work with members outside Medicaid and Medicare. While Cityblock can afford to ride out a recession, the startup isn't ignoring the market downturn, Ajayi said.
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