Portfolio News

What Startup Investing Looks Like In the Next Six Months

Women 2.0 recently spoke with several experienced female venture capitalists to find out what they think founders should expect in the next several months as they’re fundraising. Rock Health Director of Research and Marketing Megan Zweig was one of the interviewees. At the time of the interview, Rock Health had recently completed its Q1 2020 Digital Health Fundraising Report. “As early-stage digital health investors, we’re watching an incredible dichotomy unfold—some of the greatest macroeconomic uncertainty we’ve ever seen, alongside urgent, enormous demand for connected health care solutions,”...

Digital behavioral health company SilverCloud grabs $16M in Series B funding

Digital behavioral health company SilverCloud recently announced that it had earned an additional $16 million in Series B funding. The round was led by MemorialCare Innovation Fund, with participation from LRVHealth, OSF Ventures, and UnityPoint Health Ventures. The company works with provider organizations to deliver digital mental health programs. These include support for common conditions like anxiety or depression, or programs for more specific situations like mental wellness with a chronic condition. It works with providers in the U.S. and Europe. Behavioral health funding is an area...

Delivery drones may be key to fighting future pandemics

As social distancing becomes the norm amid the COVID-19 pandemic, delivery of goods like groceries, medicines, and other cargo has become more important than ever before. As a result, drone delivery has the potential to come into its own. Drone delivery was on the rise even before the coronavirus outbreak, but now, those developing the technology are seeing a greater interest in what else drones can do and how they could be used to fight future pandemics. Matternet, for example, has been operating pilot programs for drone...

KC nurse adjusts to new reality amidst COVID-19 pandemic

The COVID-19 pandemic is being felt around the world, and it’s been weeks since many health care workers have been able to see their families when they’re done with work. Lauren Gremillion, a registered nurse at IVX Health in Kansas City, Missouri, hasn’t been able to spend time with most of her family in person. Gremillion provides IV therapy to some of the most at-risk patients at IVX Health, a company that runs infusion centers in several U.S. states. She says she’s working 10-hour shifts and definitely...

How Will COVID-19 Impact 2020 Digital Health Venture Funding?

Digital health venture funding got off to a record-breaking start in 2020, with $3.1 billion invested across Q1, according to a new report from Rock Health. That $3.1 billion was across 107 deals—more than 1.5 times the total Q1 funding in any previous year. The firm’s researchers noted that although coronavirus has created “twin crises of a global pandemic and massive economic shifts that will rapidly impact all market sectors, including digital health,” but digital health solutions can “immediately combat the pandemic.” Rock Health surveyed 12 health...