Denver-based healthcare startup Welltock, a former Red Herring Top 100 winner, has closed a $37 million funding round, with Hearst Health Ventures and Catholic Health Initiatives joining the Series D. Welltok, which develops a platform to help people find the correct health plan, raised a total of $59 million in 2014, including this funding. Bessemer Venture Partners led the round, and the likes of Emergence Capital Partners, InterWest Partners, New Enterprise Associates and Qualcomm Ventures also participated. The company will use the funds to expand into new markets and launch new products and services. “With the capital raised in 2014, we are in a great position to deliver excellence to our existing and growing client portfolio. It also enables us to focus on building new capabilities into our groundbreaking Health Optimization Platform,” said Jeff Margolis, chairman and chief executive officer of Welltok.
Healthcare operating system platform par8o has secured a $10.5 million Series A round from Atlas Venture, Founder Collective, CHV Capital and other investors. Founded in 2012, par80 has seen adoption of its platform from hospitals all over the U.S. “We, as a nation, face a formidable challenge to transform our health system to do more with less. Gone is the belief that all parties can optimize exclusively for their own interests, replaced with the recognition that the future will be one of convergence, offering patients not just compassionate care, but a cost-effective, seamless customer experience as well,” said Daniel Palestrant, MD, co-founder and CEO at par8o. “par8o is working to bridge the problematic gaps in EMR technology, facilitate better information sharing, and ease office workflows so that physicians have a smarter way to match patients to the right next step in their care.”
Clearleap, a video technology startup, has raised $5 million in funding, according to an SEC filing. The funding is an extension of the Series C round worth $20 million raised in 2013, the company’s CEO Braxton Jarratt told the Atlanta Business Chronicle. Susquehanna Growth Equity, Trinity Ventures and Noro-Moseley Partners were among the investors.