11 digital health startups that raised over $100M in May

The first quarter of 2021 was digital health's most-funded quarter to date, and investors continued the trend in May by pledging high dollar amounts to technology-driven health startups.

Below are 11 digital health startups that raised $100 million or more in May.

  1. Weight loss app Noom raised $540 million in a series F funding round.

  2. Collective Health, a healthcare benefits platform for employers, raised $280 million in a series F funding round.

  3. At-home diagnostics company Cue Health, raised $235 million.

  4. PathAI, which provides artificial intelligence-powered technology for pathology, raised $165 million in a series C funding round.

  5. Digital therapeutics company Akili raised $160 million in a series D funding round.

  6. Axtria, which makes AI software for pharmaceutical companies, raised $150 million.

  7. Healthcare technology company Huma raised $130 million in a series C funding round.

  8. Virtual chronic care platform Vida Health raised $110 million in a series D funding round.

  9. Aetion, a company that delivers real-world evidence for medical treatments and technologies, raised $110 million in a series C funding round.

  10. Oura, a company that sells fitness rings, raised $100 million in a series C funding round.

  11. Medically Home Group, a tech services company that powers hospital-at-home programs, received a total of $100 million in investment funding from Rochetser, Minn.-based Mayo Clinic and Oakland, Calif.-based Kaiser Permanente.

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