Famtech

Family First Secures $11M in Series A Funding for Its Caregiver Support Platform

In an effort to address the pressing issue of caregiving for ill loved ones, Family First, a Boston-based employee benefits company, recently raised $11M in a Series A funding round. The company’s mission is to assist families with caregiving needs and alleviate the staggering financial toll it takes on families, amounting to a staggering $522 billion in lost annual income in the…

Big Health Acquires Limbix to Address the Adolescent Mental Health Crisis

San Francisco-based digital therapeutics leader, Big Health, is taking on the growing youth mental health crisis by acquiring Limbix, a company specializing in evidence-based digital therapeutics for adolescents and young adults with depression symptoms. The move expands Big Health’s therapeutic portfolio, which previously focused on insomnia and anxiety treatments for adults. The COVID-19 pandemic has exacerbated the mental health crisis among young…

Wavely Diagnostics Adds $1.35M to Enhance Its Digital Diagnostics Platform for Childhood Ear Infections

Seattle-based digital diagnostics company, Wavely Diagnostics, recently secured $1.35M in new funding, bringing its total funding to $6.35M. The company aims to develop an innovative digital diagnostics platform to improve pediatric care, with a particular focus on diagnosing and treating childhood ear infections. The latest funding will enable Wavely to accelerate the development of their platform and cater to the growing interest…

Owlet Receives FDA Clearance for Its Infant Health Monitoring Sock

Owlet, creator of parenting platforms and smart baby monitoring systems, recently received U.S. Food and Drug Administration (FDA) approval for BabySat. The device represents the first instance of pulse-oximetry technology in an advanced, wire-free sock design for infants. Owlet Co-founder & CEO Kurt Workman commented: “Our mission is to provide caregivers with the right information at the right time to make informed…

Caregiving Startup Wellthy Adds $25.5M; Acquires End-of-Life Support Platform Lantern

Wellthy is a leading platform helping families balance work and care responsibilities through a combination of human expertise and precision technology. care of their own health, reduce stress, save money, and stay engaged in their work and their lives while taking care of their loved ones. Nearly 2 million people have direct access to Wellthy’s care concierge through some of the largest…

Mi Alma Raises $1.5M in Pre-seed Funding for Its Platform Supporting Families Dealing with Grief

Mi Alma, an Atlanta-based startup, that provides support to individuals and families dealing with grief and loss, has secured $1.5M in pre-seed funding. The round included prominent backers such as Michael Gossling, Founder of DoMyOwn.com, and his wife June, David Rudolph, Founder of PlayOn! Sports, and his wife Kristine, Brooke MacLean, Founder of Marketwake, Michael Staenberg, a real estate developer and philanthropist,…

UK-based Little Journey Raises £2.5M for Its App Helping Kids Reduce Hospital Anxiety

Little Journey, a mobile application designed to help children and their families prepare for surgical procedures, and other healthcare interactions, has raised £2.5M in a funding led by Octopus Ventures. The company previously added funds in February 2022 when it received £1.5M from the Northern Powerhouse Investment Fund. Created in 2018 by anaesthetist Dr Chris Evans, Little Journey features interactive animated characters…

Founder Q&A with Chekesha Kidd: How Kinumi Supports Caregivers with Its Tech-Enabled Concierge Service

Founder Q&A is an interview series showcasing founders of disruptive startups in the healthcare and women’s health innovation ecosystem. In today’s Q&A you’ll hear from Chekesha Kidd, Co-Founder and CEO of Kinumi, a holistic health and wellness platform for active aging adults and their family caregivers. Kidd has successfully led businesses, from early-stage startups to market leading companies exceeding $1 billion in revenue.…