digital health funding
Alongside the acquisition, the two companies entered a multi-year partnership to cross-integrate their platforms, aiming to expand access to clinical trials.
Nest Health closes a $22.5 million Series A round, and Revian secures $13 million in funding for its hair growth device.
The company will use the funds to expand its in-house operations in New York and San Diego, as well as accelerate the trials and commercialization of its BCI.
The company will use the funds to grow its UK presence, expand its workforce, advance research and patient experience efforts, and enhance its data-driven care platform.
Since launching in March, the company has raised $550 million.
Brook.ai secures $28 million, Counsel Health garners $25 million, OutcomesAI gets $10 million and Smartlens closed an oversubscribed $5.2 million bridge round.
The company works with schools to offer virtual mental healthcare for students and enable collaboration among counselors, parents and providers.
The company will use the funds to drive commercial growth, broaden its employer and payer programs, and accelerate AI development.
The company's CEO, Tom Hale, told MobiHealthNews Oura will use the funds "for AI-driven innovation to redefine what digital health technology can do."
The company offers a patient recruitment platform for clinical trials.