Health and fitness company Ultrahuman received $ 18 million in Series B funding this morning. The company received investments from Falcon Edges AWI, Steadview Capital, Nexus Venture Partners and Blume Ventures.
The app aims to increase users’ metabolic fitness by incorporating other aspects of health, including sleep, meditation, and exercise, into its technology. Users receive health tips and insights into diet and exercise.
Founded in January 2021, the company plans to use the new funds to expand its current technology and develop new technologies through wearables that will help users monitor their glucose levels and other metrics.
Medicare navigation platform Connie Health received $ 13 million in Series A funding last week. The news came when the Boston-based startup announced it was expanding into Texas, making it the second state Connie Health operates in. Khosla Ventures and Pittango Healthtech led this Series A round.
This new infusion of cash brings the company’s total funding to $ 16 million.
The platform is designed to help Medicare members determine which health plan is best for them, which doctors to choose, and what are the benefits. According to the press release, the technology uses artificial intelligence and a local Medicare source that can help users answer questions.
“Unlike employer-based plans, where people have a handful of options, the typical Medicare consumer has hundreds of plans to choose from. Medicare plans are local and options vary by county. Therefore, it is important to work with agents who are familiar with local plans and hospital networks.
“Our solution extends that human knowledge with an AI-powered recommendation engine that categorizes the hundreds of options available in each locale based on a person’s unique needs,” said Oded Eran, co-founder and CEO of Connie Health, in one Explanation.
“The additional funding will allow us to scale this breakthrough approach nationally and continue to help people get the most out of Medicare.”
Sleep-oriented startup Revery landed $ 2 million in capital earlier this week, according to a Tech Crunch Report. The most recent round of funding was led by Sequoia Capital India’s surge program, which included GGV Capital, Pascal Capital, zVentures and Angel Investors.
The company has developed a gamified sleep experience by combining cognitive behavioral therapy and sleep-oriented games.
The company, which was founded in 2021, has yet to officially start, but according to TechCrunch plans to launch in the United States this year.
Chicago-based Clinify earlier this week announced a $ 3.1 million seed funding round led by Seae Ventures. Reported built in Chicago. The company is focused on supporting independent primary care practices serving the Medicare population through its data analytics platform.
Clinify has created a dashboard where clinicians can review treatment, management, and preventive care measures to meet value-based care needs.
The company announced to Built in Chicago that it plans to expand its geographic footprint, serving states beyond Illinois and Georgia, as well as building its team and products.