digital health funding
First announced in January, the behavioral telehealth provider's fundraise is set to expand its provider network as well as its market presence.
ExplORer Surgical's platform offers support for providers and medical device makers alike.
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The company plans to use the new money to grow its team and its research and development pipeline.
The Boston-based company has grown from 25 to 60 staff members within the past year, and has collaborated with pharmaceutical partners such as Bristol-Myers Squibb and Novartis.
The company will be using the funds to accelerate platform growth, and expand its sales and services.
Building on research published last month, the company plans to use the funding to secure additional clinical validation.
This new funding round comes less than a year after Ro raised $88 million to fund its smoking cessation platform Zero.
The new money will be put toward further expansion of the digital platform and scaling brand partnerships.