Private Equity
Salt Lake City-based Health Catalyst, a provider of data and analytics technology and services to healthcare organizations, has raised $182 million for its IPO after pricing its 7 million shares at $26 per share. The stock began trading July 25, 2019 on the NASDAQ under the ticker symbol "HCAT." Goldman Sachs, J.P. Morgan and William Blair are the lead underwriters. Health Catalyst's pre-IPO backers included OrbiMed, Sequoia Capital, Norwest Venture Partners, Sands Capital Ventures, UPMC Enterprises and Kaiser Permanente Ventures.
3 min read · 25 July 2019
Friendswood, Texas-based Castle Biosciences Inc, a dermatological cancer company, has raised $64 million for its IPO after pricing its 4 million shares at $16 per share. The stock began trading July 25, 2019 on the NASDAQ under the ticker symbol "CSTL." SVB Leerink and Baird are the lead underwriters. Castle Biosciences' pre-IPO backers included Industry Ventures, HealthQuest Capital and Mountain Group Partners.
2 min read · 25 July 2019
Athens, Georgia-based ArunA Bio Inc, a developer of neural exosomes for the treatment of neurodegenerative diseases, has raised $13 million in financing. The backers included Eshelman Ventures.
1 min read · 25 July 2019
Iowa-based VIDA Diagnostics Inc, which is focused on transforming pulmonary care through intelligence, has secured an undisclosed amount of funding. The investor was UnityPoint Health Ventures.
1 min read · 25 July 2019
Alpharetta, Georgia-based Ciox Health, a health tech company, has secured $30 million in funding. Merck Global Health Innovation Fund and New Mountain Capital led the financing.
1 min read · 25 July 2019
2 min read · 24 July 2019
Seattle-based SoundCommerce, a operations data platform provider, has named Meredith Han as chief operating officer. Her work background includes a tenure at Amazon.com where she helped launch the health and personal care business. SoundCommerce's backers included Defy Partners, Voyager Capital, Stage Venture Partners and Kick-Start Partners.
3 min read · 24 July 2019
FirstMark Capital has named Adam Nelson as a partner, according to an announcement on the New York City-based early-stage venture firm. Nelson's past roles including serving as an investing partner at Social Capital and head of revenue partnerships at Dropbox.
1 min read · 24 July 2019
What’s changing in corporate venture capital is not only the increased activity, but also a rethink of investment strategies.
3 min read · 24 July 2019
Menlo Park, California-based Tivic Health Systems, a bioelectronic medical device company that treats chronic conditions, has secured $8 million in funding. The backers included Sand Hill Angels, Astia Angels, Golden Seeds, HBS Angels, Sierra Angels, Lateral Capital and Skylight Investments.
1 min read · 24 July 2019
