Investing
A federal jury found three former executives guilty of defrauding investors and clients, largely pharma companies.
The funds will be used to grow the company's team and platform, further its work with payers and expand into new markets.
The company will use the funds to expand its clinical team nationwide and build relationships with healthcare stakeholders.
The startup said it will use the funds to add new categories of care and therapeutic services.
Peter Micca, audit and assurance partner and national health tech leader at Deloitte, discusses the health tech funding and economic environment.
The medtech company will use the funds to speed up product innovation and expand its reach globally.
The announcement comes just weeks after the company reported it let go of approximately 35% of its workforce.
The femtech company also announced users can invest in the app via crowdfunding platform Crowdcube and contribute to its development.
Its latest funding will also go to building new capabilities.
After a drought in rounds worth $100 million or more over the past few quarters, Rock Health noted six in the first quarter of 2023. They made up 40% of total digital health funding in Q1.