OCD-focused platform NOCD raises $35M and more digital health fundings


Digital obsessive-compulsive dysfunction (OCD) identification and administration platform NOCD closed a $35 million funding spherical co-led by Cigna Ventures and 7wireVentures. 

Current traders F-Prime Capital, Kaiser Permanente Ventures, Well being Enterprise Companions and Eight Roads Capital additionally participated within the spherical alongwith new investor Longitude Capital.

The Chicago-based firm gives video-based OCD therapy utilizing the publicity and response prevention method, a way of behavioral remedy that exposes an individual to a state of affairs that provokes an OCD response and studying to tolerate these stressors. 

The corporate will use the funds to proceed increasing its community of therapists and additional advertising and marketing efforts with comic and TV persona Howie Mandel. The corporate may also work to reinforce its analytics capabilities. 

“Cigna Ventures is concentrated on working with corporations who’re bringing ahead progressive options that may extra successfully and effectively resolve a few of well being care’s greatest challenges,” Craig Cimini, head of Cigna Ventures, mentioned in a press release. “NOCD performs a important position within the behavioral well being ecosystem with a confirmed skill to determine sufferers in want and seamlessly join them to evidence-based remedy and tailor-made assets.”

The most recent funding spherical follows NOCD’s bulletins in August that members of Aetna Insurance and Blue Cross Blue Defend of New York would have entry to NOCD’s platform. 

NOCD additionally closed a $33 million Series B funding round in 2021, a $4 million Series A in 2019 and $1 million seed funding round in 2018.

Calif.-based diagnostics startup Easy HealthKit garnered $8 million in Sequence A funding, bringing its complete increase to $12 million.

The spherical was led by Initialized Capital with participation from Kleiner Perkins, Quest Enterprise Companions and Kapor Capital. 

Easy HeathKit gives testing for sexual well being, respiratory diseases and power circumstances like diabetes for dwelling, clinic or pharmacy use with suggestions for session and therapy upon a optimistic take a look at end result.

The funding will assist Easy HealthKit increase its testing portfolio and convey its platform to underserved markets. 

New York-based kids’s psychological well being platform Fort Well being introduced a $4.5 million increase from Blue Enterprise Fund.

Fort Well being was developed at Redesign Health in partnership with the Little one Thoughts Institute, a nonprofit that focuses on serving to kids with psychological well being and studying issues. The startup gives a platform that connects major care and behavioral well being suppliers to enhance entry to psychological healthcare for youngsters. 

Fort Well being is roofed underneath Aetna, Optum/United Healthcare and Geisinger Well being Plan business insurance coverage in New Jersey. The corporate says it plans to increase to New York and different states this yr. 

The brand new funds will likely be used to drive the corporate’s market enlargement. 

Newel Well being acquired a $2.5 million grant from the Michael J. Fox Foundation for Parkinson’s Research to additional analysis and develop Soturi, the corporate’s platform for sufferers with Parkinson’s Illness. 

Soturi gives bodily, voice and speech workouts and anxiousness help in addition to symptom monitoring, treatment reminders and a wearable bracelet that may detect tremors. 

Newel was constructed from an funding by Italy-based Healthware Ventures, the company VC of Healthware Group.

“This grant from The Michael J. Fox Basis marks the primary of many necessary milestones for the corporate because it continues to develop its portfolio of digital options in order that the well being journeys of individuals dwelling with well being circumstances and their medical doctors’ efforts will turn into as clear and profitable as may be,” Roberto Ascione, chairman of the board of Healthware Ventures, mentioned in a press release.  

Canadian healthcare tech startup The Rounds, which gives a community for healthcare professionals throughout North America to attach and focus on medical matters, garnered an extra $1.6 million CAD ($1.19 million) in Sequence A funding.

The most recent funds from Atlanta-based Panoramic Ventures and Make investments Nova Scotia deliver the firm’s Sequence A spherical to $6.7 million CAD ($4.99 million). The corporate introduced a $5.1 million raise in September. 

“Our crew at Make investments Nova Scotia is proud to be a long-time supporter of, and investor in, The Rounds. The Sequence A fundraise will assist replicate the corporate’s success in Canada throughout key healthcare markets within the U.S. There has by no means been a greater time to interrupt down the geographic boundaries stifling collaboration in specialty healthcare, and The Rounds is doing simply that,” Ben McDade, funding principal at Make investments Nova Scotia, mentioned in a press release. 


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