Tuesday, June 18, 2024
HomeHealthMedTech health and data company AcuityMD scores $45M and more digital health...

MedTech health and data company AcuityMD scores $45M and more digital health fundings

AcuidadMDwhich offers a health data tool for the medtech industry, announced it has secured $45 million in funding, bringing its total raised to more than $83 million.

ICONIQ Growth led the round, with participation from Stepstone Group, Atreides Management, Benchmark Capital, Artisanal Ventures and Redpoint Ventures.

The Boston-based company The platform combines medical device data from sales to patient outcomes so manufacturers can track the performance of their products.

The company will use the funds to expand its product reach among MedTech manufacturers.

“We are fortunate to work with fantastic financial partners as well as experienced MedTech industry executives.ives that broaden the perspective of our Client Advisory Board,” Michael Monovoukas, CEO and co-founder of AcuityMD, said in a statement.

“With this additional capital, we aim to launch three new products into general availability, expand our pipeline management solution to more customers, and grow our engineering and product teams by 70% by the end of 2024 to support our mission to accelerate the adoption of cutting-edge medical technology.”

Digital health startup for heart and lung diseases Eko Health announced it raised $41 million in Series D funding.

ARTIS Ventures, NTTVC, Questa Capital and Highland Capital Partners participated in the round.

California-based Eko Health combines ECG-enabled digital stethoscope devices with monitoring and analysis algorithms to help providers detect heart rhythm abnormalities and other heart and lung diseases.

The company will use the funds to expand access to its early disease detection platform globally.

“Just as Ring transformed doorbells into home security systems, Eko has reinvented the world’s most ubiquitous medical tool into a powerful early disease detection platform, creating the world’s largest install base of professional cardiology-enabled devices. AI,” Connor Landgraf, CEO and co-founder of Eko Health, said in a statement.



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