DEALS
Chronic care unicorn. Chronic care startup Omada Health hit unicorn status with a $192M Series E round led by Fidelity. Omada will use the funds to accelerate hiring and build out its tech.
Kidney cash. Somatus landed $325M in a Series E round led by Wellington Management to scale its value-based kidney care model. The company’s clinical services are integrated with technology that predicts undiagnosed disease and disease progression.
MediMoney. India-based virtual care company MediBuddy, which offers telehealth and at-home lab testing, raised a $125M Series C round led by Quadria Capital and Lightrock India. The fresh funds will help it build out its platform, focusing on data science and clinical research capabilities.
Ro x Dadi. Online pharmacy Ro acquired Dadi, an at-home sperm testing startup, to expand its reproductive health services. Ro will sell the rebranded sperm kits through its men’s and women’s digital health clinics. Last year, Ro acquired women’s fertility testing company Modern Fertility.
Mental health moolah. Digital psychiatry startup Minded raised $25M in seed funding to help it expand nationwide, add treatments for attention and mood, and grow its medical team. Launched in 2021, Minded provides online medication management for mental illnesses.
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