Particle Health Data Sharing Platform Scores $25 Million & More Digital Health Funding

Data Exchange Platform Particle Health announced this week that it had raised $25 million in funding, roughly two years after a $12 million Series A round.

The startup said the raise brings the total funding pool to $39.3 million. The round was led by Canvas Ventures with participation from Menlo Ventures, Story Ventures and Pruven Capital.

Particle provides an API platform that collects and standardizes patient medical data for healthcare providers, pharmacies and virtual healthcare companies.

“Particle Health was founded with a mission to dramatically change lives through access to vital medical data. Since day one, we have established ourselves as an industry leader that standardizes records, identifies key pieces of information and focuses on patient characteristics that lead to more clinically relevant decision-making,” CEO and co-founder Troy Bannister said in a statement.

“With this latest round of funding, our team looks forward to further developing the capabilities of our API platform to provide our users with even more meaningful and actionable data.”

EPD maker Canvas Medical raised $24 million in a Series B funding round led by M13.

Other participants in the raise include Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures and Irongrey. The startup scored $17 million in 2021 and $3 million in 2018. In addition to the funding, Canvas also announced that it had received certification from the Office of the National Coordinator for Health Information Technology.

“We are excited to lead the Series B in Canvas Medical,” M13’s Latif Peracha said in a statement. “Canvas serves digital healthcare providers and fosters developer-caregiver collaboration to design and implement better models of care for patients, services and applications that touch the end patient.”

Virtual cardiovascular rehabilitation program Moving Analytics announced this week that it had scored $20 million in Series A financing.

The round was led by Wellington Access Ventures and Seae Ventures with participation from Philips Ventures, SteelSky Ventures, Aphelion Capital, Nueterra Capital and Citi Ventures. The Series A brings Moving Analytics’ total raise to $30 million.

The startup will use the investment to hire new staffers, expand its network of providers to serve patients in all 50 states, ensure its programs meet the needs of women and minority patients, and lobby for greater awareness. of virtual rehabilitation.

Pediatric Virtual Behavioral Health Company Brightline added another $10 million to its Series C round, bringing the total to $115 million.

The strategic investment and partnership with New York-based health system Northwell Health enables the startup to coordinate with specialty care partners, add, expand interactive content services for teens and additional benefits for employees.

“Pediatric behavioral health has been declared a national crisis and the demand for services is being experienced across the healthcare landscape,” said Dr. Victor Fornari, vice chairman and director of child and adolescent psychiatry at Northwell Health, said in a statement. “At Northwell, demand for services has been tremendous and we look forward to working with the Brightline team as we broaden access to services through technology, virtual care and education.”

Virtual eating disorder treatment startup Arise scored more than $4 million in seed money.

The seed was led by Greycroft and BBG Ventures, and included participation from Wireframe Ventures, Cityblock co-founder Iyah Romm, Sonder Health founder Dr. Sylvia Romm and PatientPing founder Jay Desai.

The startup plans to offer a community care beta program in the late summer, launching the full care model with clinical services in the fall.