Elucid scores $80M for AI imaging evaluation software program and extra digital well being fundings


Boston-based medical expertise firm Elucid, which gives AI-enabled imaging evaluation software program for heart problems, introduced that it has scored $80 million in Collection C funding, bringing its whole elevate to $121 million.

Elevage Medical Applied sciences led the funding, with extra contributions from different traders.  

The corporate will use the funds to broaden the commercialization of its AI-powered imaging evaluation software program.  

“Elevage believes main this funding in Elucid is pivotal to help the event and commercialization of its groundbreaking diagnostic instruments,” Dr. Evan Melrose, CEO of Elevage, mentioned in a press release. “We see an essential market want for AI-powered cardiovascular software program and are excited to accomplice with Elucid to assist enhance the analysis and administration of coronary heart illness and profit sufferers worldwide.”

Behavioral well being startup Eleos Health introduced a $40 million Collection B funding spherical for its AI-backed voice expertise that gathers insights right into a affected person’s psychological wellbeing. The spherical brings the corporate’s whole elevate to $68 million.

Menlo Ventures led the spherical with participation from SamsungNEXT, ION, Eight Roads, Arkin Digital Well being and F-Prime Capital. Current traders aMoon and lool ventures additionally participated.  

The corporate created a synthetic intelligence voice device that may run within the background of a psychological well being session. Clinicians can then use the platform’s AI capabilities to assist analyze their sufferers. 

Eleos will use the funds to gas product improvement, together with creating and enhancing AI options for group remedy periods, case administration, compliance automation, concurrent documentation and value-based care help. 

The corporate will even broaden its workforce and develop strategic partnerships. The corporate mentioned it plans to rent greater than 50 individuals by the top of 2024. 

“Clinician shortages, unsustainable caseloads and administrative burdens make it troublesome for suppliers to satisfy demand,” Steve Sloane, accomplice at Menlo Ventures, mentioned in a press release. “Eleos Well being will shut this hole with a platform that mixes unparalleled scientific experience and a complicated AI platform constructed on a basis of LLMs particular to behavioral well being. Their purpose is noble: Drive higher affected person outcomes. And the info exhibits they’re already doing simply that!”

Vida Health, a digital continual situation care platform, introduced it raised $28.5 million in financing led by present traders Ally Bridge, Canvas Ventures, Common Atlantic, Hercules Capital, and others.

The corporate connects customers with a private well being coach. The app gives varied plans for a lot of bodily and behavioral continual situations, together with weight reduction, diabetes administration and psychological well being help.

Well being coaches tailor a consumer’s program based mostly on information from labs, pharmacy claims, gadgets, biometric information and different member-reported sources.

The California-based firm mentioned it is going to use the funds to scale its attain and pursue progress alternatives, significantly within the GLP-1 market. 

The corporate additionally introduced the appointment of Joe Murad as its new chief government officer. Murad additionally joined Vida’s board of administrators. He takes over for Stephanie Tilenius, who’s stepping down as founder and CEO and can transition to an advisory place. 

“Vida has vital momentum in its enterprise, having delivered best-in-class scientific and monetary outcomes for its quickly increasing e book of enterprise and well being plan clients with respect to cardiometabolic situations. I’m thrilled to be becoming a member of the corporate at such a key second in our progress trajectory and stay up for shut partnership with the board and the excellent Vida staff to additional speed up our enterprise,” Murad mentioned in a press release. 

Discussion board, a platform that connects facilitators with individuals searching for help and gives digital peer help teams, launched with $5.3 million in seed funding. 

The spherical was led by NextView Ventures, with participation from Cue Ball Capital, MBX Capital, Sahil Bloom of SRB Ventures, Shaan Puri, Metropolis Gentle Capital and Romeen Sheth.

Discussion board gives peer teams for people searching for help pertaining to continual situations, loneliness, grief, profession, caregiving, substance use restoration and relationships. 

“I’ve seen firsthand the facility of peer help teams to assist individuals navigate challenges of their lives whereas additionally constructing a way of neighborhood. Our imaginative and prescient is to create a world the place peer help is accessible and reasonably priced for everybody,” Dr. Rajiv Kumar, cofounder and CEO of Discussion board, mentioned in a press release. “Discussion board offers a novel digital area for individuals to attach, heal and thrive collectively – with out having to go away the consolation of their house.”

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