Technology
The company also laid off workers in the U.K. and Israel as it shifts focus to the U.S. market.
The company reported $33.3 million in revenue for Q1 2023 and a net loss of $8.8 million.
The startup plans to file with the FDA to add other monitoring abilities and to introduce the product later this year.
Users will have the option to participate in groups and schedule a coaching session.
The jury was unable to reach a verdict in the case related to the Apple Watch's health monitoring capabilities.
The Boston-based company will use the investment to accelerate growth and expand its platform.
The funds will be used to expand its reach.
AmerisourceBergen will support the distribution of h2o's Apple Watch-enabled prescription digital therapeutic for Parkinson's disease monitoring.
The funds will be used to expand the company's team, further develop its platform and increase partnerships.
The company said it plans to use the Series A to expand in the U.K. and Europe, as well as to enter the U.S. market.