INSIGHTS
Rock Weekly
September 30, 2013

Rock Weekly: Will any health app ever really work?

September 30th, 2013

Last week was big – we jumped up and down when we heard the FDA issued final guidance for mobile medical apps, Pratice Fusion snagged $70M and Rock Health portfolio company Neurotrack announced a $2M round from Founders Fund and the Social+Capital Partnership to enable diagnosis of Alzheimer’s up to six years earlier. This week, health insurance exchanges open for business.

Our Demo Day went off without a hitch and was featured in TechCrunch, Xconomy, VentureBeat, and MobiHealthNews, among others.


Rock Health applications are now open.   Learn more about why we are accepting applications year round, and what’s planned for 2014.

Headlines

FDA Publishes Final Guidance for Mobile Medical Apps
FDA

Health Insurance Exchanges Scramble to Be Ready as Opening Day Nears
New York Times

Apple Hires Nike Fuel Band Designer to Work on Wearable Devices
9to5Mac

Will Any Health App Ever Really Succeed?
Technology Review

Digital Health Startups Get the Same Toys As Everyone Else
TechCrunch

A Hospital Takes Its Own Big Data Medicine
Technology Review

Are Entrepreneurs Really Pot-Smoking Rebels?
Harvard Business Review

Funding

Name Amt Investors Source
Practice Fusion $70M Kleiner Perkins Caufield & Byers, OrbiMed, Deerfield Management Company Forbes
Simplee $10M Social+Capital Partnership, Greylock GigaOm
PatientSafe $7M EDBI MobiHealthNews
Predilytics $4.5M Foundation Medical Partners Boston Biz Journal
Aventura $4.3M Clarion Direct Investment and others FinSMEs
BioDigital $4M FirstMark Capital, NYU Venture Fund, angels TechCrunch
Gauss Surgical $3.17M Undisclosed SEC filing
Verimed $3M Fortis Capital Holdings FinSMEs
Neurotrack $2M Social+Capital Partnership, Founders Fund TechCrunch
Cohealo $750K Romulus Capital MiamiHerald
Sharecare $91M** Heritage Group MobiHealthNews
SoftWriters Undisclosed TA Associates PEHub

**Indicates total amount raised to date