Posts in Company Announcements
Infermedica Raises $10 million Series A for R&D and International Expansion

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.

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TrekIT Health Raises $1M Seed Extension, Hires New Executive Chairman

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.

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EnsoData Raises $9M Series A Financing to Empower Clinicians with Waveform AI

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.

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Blackstone Unit Acquires Cloud Analytics Startup Cloudamize

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.

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MPOWER Financing Raises $6M to Help International Students Study in the US

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.

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