Summarize this content material to 1000 phrases Boston-based medical expertise firm Elucid, which gives AI-enabled imaging evaluation software program for heart problems, introduced that it has scored $80 million in Collection C funding, bringing its whole elevate to $121 million.
Elevage Medical Applied sciences led the funding, with further contributions from different traders. Â
The corporate will use the funds to increase the commercialization of its AI-powered imaging evaluation software program. Â
“Elevage believes main this funding in Elucid is pivotal to assist the event and commercialization of its groundbreaking diagnostic instruments,” Dr. Evan Melrose, CEO of Elevage, mentioned in an announcement. “We see an vital market want for AI-powered cardiovascular software program and are excited to associate with Elucid to assist enhance the prognosis and administration of coronary heart illness and profit sufferers worldwide.”
Behavioral well being startup Eleos Well being introduced a $40 million Collection B funding spherical for its AI-backed voice expertise that gathers insights right into a affected person’s psychological wellbeing. The spherical brings the corporate’s whole elevate to $68 million.
Menlo Ventures led the spherical with participation from SamsungNEXT, ION, Eight Roads, Arkin Digital Well being and F-Prime Capital. Current traders aMoon and lool ventures additionally participated. Â
The corporate created a man-made intelligence voice software that may run within the background of a psychological well being session. Clinicians can then use the platform’s AI capabilities to assist analyze their sufferers.Â
Eleos will use the funds to gas product growth, together with creating and enhancing AI options for group remedy classes, case administration, compliance automation, concurrent documentation and value-based care assist.Â
The corporate may even increase its workforce and develop strategic partnerships. The corporate mentioned it plans to rent greater than 50 folks by the tip of 2024.Â
“Clinician shortages, unsustainable caseloads and administrative burdens make it troublesome for suppliers to satisfy demand,” Steve Sloane, associate at Menlo Ventures, mentioned in an announcement. “Eleos Well being will shut this hole with a platform that mixes unparalleled medical experience and a sophisticated AI platform constructed on a basis of LLMs particular to behavioral well being. Their objective is noble: Drive higher affected person outcomes. And the information exhibits they’re already doing simply that!”
Vida Well being, a digital persistent situation care platform, introduced it raised $28.5 million in financing led by present traders Ally Bridge, Canvas Ventures, Normal Atlantic, Hercules Capital, and others.
The corporate connects customers with a private well being coach. The app gives varied plans for a lot of bodily and behavioral persistent situations, together with weight reduction, diabetes administration and psychological well being assist.
Well being coaches tailor a person’s program primarily based on knowledge from labs, pharmacy claims, gadgets, biometric knowledge and different member-reported sources.
The California-based firm mentioned it can use the funds to scale its attain and pursue development alternatives, significantly within the GLP-1 market.Â
The corporate additionally introduced the appointment of Joe Murad as its new chief government officer. Murad additionally joined Vida’s board of administrators. He takes over for Stephanie Tilenius, who’s stepping down as founder and CEO and can transition to an advisory place.Â
“Vida has important momentum in its enterprise, having delivered best-in-class medical and monetary outcomes for its quickly increasing ebook of enterprise and well being plan prospects with respect to cardiometabolic situations. I’m thrilled to be becoming a member of the corporate at such a key second in our development trajectory and sit up for shut partnership with the board and the excellent Vida staff to additional speed up our enterprise,” Murad mentioned in an announcement.Â
Discussion board, a platform that connects facilitators with folks in search of assist and gives digital peer assist teams, launched with $5.3 million in seed funding.Â
The spherical was led by NextView Ventures, with participation from Cue Ball Capital, MBX Capital, Sahil Bloom of SRB Ventures, Shaan Puri, Metropolis Gentle Capital and Romeen Sheth.
Discussion board gives peer teams for people in search of assist pertaining to persistent situations, loneliness, grief, profession, caregiving, substance use restoration and relationships.Â
“I’ve seen firsthand the ability of peer assist teams to assist folks navigate challenges of their lives whereas additionally constructing a way of neighborhood. Our imaginative and prescient is to create a world the place peer assist is accessible and inexpensive for everybody,” Dr. Rajiv Kumar, cofounder and CEO of Discussion board, mentioned in an announcement. “Discussion board supplies a novel digital area for folks to attach, heal and thrive collectively – with out having to go away the consolation of their house.”
Elucid scores $80M for AI imaging evaluation software program and extra digital well being fundings
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