The Rock Weekly

Ro, Ro, Ro your boat (into women’s health)

Among myriad recent platform consolidation moves, Ro announced last week that it will acquire Modern Fertility. The deal represents the opportunity created when segment-specific services for a given population or need—in this case fertility—combine with wide-population focused virtual care platforms. Despite women’s health companies securing only $58M of the $6.7B raised by digital health companies in Q1 2021, the Ro acquisition signals a belief—one that we share at Rock Health—that segment-specific verticals represent a large and growing market opportunity, and a chance to vastly improve the care experience for discrete (and oft-overlooked) populations and needs. Read more of our thoughts here

Rock Health’s nonprofit is hiring a Chief of Staff! Do you have a demonstrated commitment to equity and creating a healthier world—and an interest in helping to build a mission-driven charitable organization? Learn more and apply here!


Washington Wakes Up To Covid-Fueled Investment Risks
SPAC legislation is introduced Politico

Amazon Plans Diagnostics Brand To Offer At-Home Medical Tests
+ rolls out WorkingWell across US operations Business Insider

JPMorgan Launches Morgan Health
The bank’s post-Haven plan is unveiled CNBC

CVS Health Offers Clinical Trial Services
An expansion of COVID trial facilitation Reuters

DarioHealth Scoops Up Digital Behavioral Health Company wayForward
$30M deal makes Dario a contender to address diabetes, MSK, behavioral health Fierce Healthcare

Health Tech Companies Form Coalition To Advance The Role Of Real-World Data
Flatiron, Aetion, IQVIA, Syapse, and Tempus band together STAT

Google Gives A Sneak Peek Into New AI Dermatology Assistant
+ Apple releases new tools to meet disability needs MobiHealthNews

Mental Health Startup Lyra Health Valued At $4.6 Billion
Lyra's latest reported round bumps up valuation The Information

Recent Funding

  • PathAI, an AI pathology platform supporting diagnosis and treatment decisions, gets $165M
  • Telehealth staffing and services infrastructure Wheel adds $50M 
  • Heru, which provides real-time VR eye tests and therapeutics, raises $30M
  • Cynerio brings in $30M to expand its healthcare IoT cybersecurity offering
  • SymphonyRM, a patient management system for providers, closes $25M
  • R&D lab automation platform Artificial secures $21.5M
  • Emocha Health grabs $6.2M to grow its video-based service for medication adherence
  • Conversational platform Wysa pulls in $5.5M to offer evidence-based mental health support
  • Rhithm, an emoji-based mental health assessment platform for teens, raises $4M