What You Should Know
The latest CB Insights report, Q2 2026 State of Digital Health reveals global digital health deal activity reached a decade-low of 228 deals in Q2 2026, marking a 36% decline quarter-over-quarter and a two-thirds drop from the Q2 2022 peak of 688 deals. Total equity funding fell 24% quarter-over-quarter to $5.7 billion, with capital concentration escalating as a small handful of mega-rounds anchored overall venture volume.Isomorphic Labs’ $2.1B Series B
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
SoundHealth Raises $12.25M to Expand Non-Invasive Medical Wearables
What You Should Know
Medical technology firm SoundHealth has closed an oversubscribed Series A round led by Shangbay Capital, bringing its total venture funding to $12.25M.Flagship FDA-cleared wearable device, Sonu, has delivered over 500,000 acoustic resonance treatment sessions for patients ages 12+, becoming a leading non-drug alternative to corticosteroid nasal sprays for allergic and non-allergic rhinitis.Leverages smartphone facial scanning algorithms to construct custom digital sinus
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Procode Secures $10M to Scale AI-Powered Surgical Revenue Cycle Management
What You Should Know
AI-powered medical billing firm Procode Inc. announced a $10M Series A funding round led by Health Velocity Capital, bringing total venture funding to $14M.Funds two upcoming acquisitions of private practice billing agencies, mirroring its rollout following the acquisition of The Auctus Group (serving over 350 plastic surgery and dermatology providers).Combines Procode (automated CPT/ICD coding copilot), Procollect (billing team OS for AR acceleration), and the Auctus
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Oxford Spinout Mirae Secures $5.4M to Scale AI Chronic Care Platform
What You Should Know
AI-driven continuous care platform Mirae has officially launched with $5.4M in funding led by Oxford Science Enterprises (OSE).Built directly on computational health research from the University of Oxford’s Computational Health Informatics Lab, co-founded by Dr. David Clifton and CEO Anuj Patel.Targets inflammatory bowel disease (IBD)—a complex autoimmune condition characterized by unpredictable flare-ups, variable treatment responses, and high annual medical
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Flourish Health Raises $26M to Expand In-Home High-Acuity Pediatric Mental Health
What You Should Know
High-acuity pediatric mental health provider Flourish Health announced a $26M Series A funding round led by B Capital, F-Prime, and Cherryrock Capital, bringing total capital raised to $46M.Health plan studies show Flourish’s in-home care model achieves a 70%–96% decrease in hospitalizations, a 69%–90% reduction in residential stays, and an 80%–95% sustained reduction in higher levels of post-discharge care.Multidisciplinary care teams unite a child and adolescent
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Candid Health Secures $120M to Expand Autonomous Revenue Cycle Management Platform
What You Should Know
Autonomous revenue cycle management (RCM) platform Candid Health has raised $120 million in Series D funding led by Sixth Street Growth, with participation from Oak HC/FT, 8VC and
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Karoo Health Secures $16.2M to Build Cardiovascular OS Infrastructure
What You Should Know
Cardiovascular technology platform Karoo Health has closed a $16.2M Series A funding round co-led by 7wire Ventures and Allumia Ventures, with participation from First Trust Capital Partners, SpringRock Ventures, and Hyde Park Angels.Lee Shapiro (Managing Partner, 7wire Ventures) and Jeff Stolte (Managing Partner, Allumia Ventures) join Karoo Health's Board of Directors.Karoo provides an AI-native connective platform that integrates clinical EHRs, claims history, pharmacy
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Prosper Medical Secures $16M for AI-Powered Primary Care Platform
What You Should Know
AI-powered primary care platform Prosper Medical has raised $16M in financing led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, and WTI.Founded by Ryan McQuaid (CEO) and James Wantuck, MD (CMO), the former founders of PlushCare, which they built and sold to Accolade for $450 million.Prosper shifts away from "transactional" telehealth toward continuous, proactive concierge care by using AI to
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Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents
What You Should Know
Provider operations platform Assured has raised $19 million in Series A funding led by Insight Partners, with continued participation from First Round Capital and Kindred Ventures.Assured serves more than 100 healthcare organizations—spanning health systems like Houston Methodist to digital health providers like Tono Health, Blossom Health, and Birches Health.The platform replaces manual provider credentialing and payer enrollment workflows with autonomous AI agents that
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Cheiron Raises $8M to Launch AI-Native the Operating System for Drug Programs
What You Should Know
AI-native life sciences platform Cheiron has secured $8M in seed funding led by Menlo Ventures, with Venky Ganesan joining the board.Strategic backers include Moderna co-founder Robert Langer, former Pfizer CMO Freda Lewis-Hall, Chai Discovery CEO Josh Meier, former Starbucks CEO Laxman Narasimhan, and former Apple AI chief John Giannandrea.Cheiron is designed to replace fragmented spreadsheets, papers, and filings by representing an entire drug development lifecycle as a
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