Business
The company offers a technology platform that aims to help primary care practices find gaps in care and manage the health of their patient populations.
Brain-computer interface company Precision Neuroscience scores $41M and more digital health fundings
AI-based drug discovery platform Atomic AI, senior lifestyle company Mighty Health, Lithuania-based Oxipit and cybersecurity firm MedCrypt also closed funding rounds.
The cuts affect about 15% of the health data analytics startup's workforce.
Jonathan Norris, managing director for business development in Silicon Valley Bank's healthcare practice, explains why early-stage investments continued last year even as overall funding fell.
Also, a new AI-powered health supplement app has gone live in South Korea.
The layoffs make up about 6% of the virtual care giant's non-clinician workforce.
The prescription digital therapeutics company will also put non-ADHD products in development on hold to "conserve capital and focus."
Maternity care clinic Oula raised $19.1 million, male fertility startup Posterity Health brought in $7.5 million and AI platform Ferrum Health scooped up $6 million.
The Dallas-based company said the investment brings its valuation to more than $2 billion.
Also, Dozee has received capital backing from British International Investment for its hospital bed upgrade project.