Category Archives: Health

What the FDA’s restriction of e-cig flavors means for Juul

FDA Commissioner Scott Gottlieb has revealed his plans to combat underage use of e-cigs and nicotine, which has grown 78 percent among high school students from 2017 to 2018. The commissioner today announced a plan that would remove all flavored electronic nicotine delivery system products — with the exception of tobacco, mint, menthol or non-flavored products — from any store where children under the age of 18 can see them. So what does this mean for Juul, a company that reached a $10 billion valuation 4x faster […]

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Meditation app Simple Habit raises $10 million Series A

Five-minute meditation app Simple Habit announced today that it has raised a $10 million Series A, led by Foundation Capital. The round brings the developer’s total funding up to $12.5 million, following a $2.5 million seed last year. The Shark Tank alum has been kicking since 2016, the result of CEO and co-founder Yunha Kim’s attempt to build a kind of “Spotify for Meditation.” The startup graduated Y Combinator in April of last year and has made a large push to increase available content. The company has […]

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WeRecover, the Kayak for addiction recovery, raises $2M

Approximately 90 percent of people in need of rehabilitation services for drug and alcohol abuse don’t have access to them, according to a Substance Abuse and Mental Health Services Administration survey. Why? Often, because they don’t know where to look. Santa Monica-based WeRecover wants to fill that information gap with its Kayak-like online booking engine for rehab centers. The startup’s matching algorithm pairs people with an accredited rehab center with open beds, tailored to that person’s budget, insurance, clinical needs and location. The goal is to make it easier for anyone […]

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Men’s wellness startup hims has launched a line of women’s health products called hers

Exactly one year to the day since it launched its line of men’s health products, hims is announcing its foray into women’s wellness. The company is using its mountain of venture capital to support the new brand, called hers. In September, hims raised another $50 million in a round led by IVP.  The financing valued the startup, which has brought in $97 million to date, at $500 million, according to PitchBook. “Our goal is to help women make the most informed choices about their health at every stage […]

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Emotional wellness startup Aura raises $2.7 million from Cowboy Ventures and Reach Capital

Aura, an app for emotional well-being, has raised a $2.7 million seed round co-led by Cowboy Ventures and Reach Capital, with participation from others. When Aura first launched a couple of years ago, its bread and butter was short, three-to-seven-minute meditations based on your current mood — be that stressed, anxious, happy or sad. Since then, co-founders Steve and Daniel Lee say the company has grown to a few million users. “We’ve since grown to become everyone’s emotional wellness assistant,” Steve told me. “We ask how people are […]

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A closer look at Mirror

At Disrupt SF, CEO Brynn Putnam demoed and launched Mirror, a smart gadget that sits on your wall and offers virtual fitness classes. The $1500 device can be paired with a monthly subscription to let the user browse fitness classes, mark their progress, and follow along with other Mirror users. The idea here is that people spend thousands of dollars on gym memberships and/or huge fitness machines like the Peloton, but that Mirror offers a way to get a similar experience at home without taking up all […]

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Naya Health, once a promising breast pump startup, now leaving customers in the dark

With their loud noises and hard plastic flanges, breast pumps are the bane of many a new mother’s existence. Founded in 2013, Naya Health is one of the most notable tech startups working on a better pump. But the company’s support site is now shutdown and it’s stopped updating its social media accounts. In a report today, CNBC spoke to several customers who said their pumps, which cost $1,000 and aren’t covered by insurance, had stopped working, and Naya Health had not provided them with adequate support […]

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iPharmacy Roman fights stigmas with premature ejaculation meds

There’s a war brewing to become the cloud pharmacy for men’s health. Roman, which launched last year offering erectile dysfunctional medication and recently added a ‘quit smoking’ kit, is taking on $97 million-funded Hims for the hair loss market. Today, Roman launched four new products it hopes to cross-sell to users through a unified telemedicine subscription and pill delivery app. It now sells meds for premature ejaculation, oral herpes, genital herpes, and hair loss at what’s often a deep discount versus your local drug store. And for […]

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China is funding the future of American biotech

Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this year into life science and biotech in the US than they have back home, providing financing for over 300 US-based companies, per Pitchbook. That’s the story at Viela Bio, a Maryland-based company exploring treatments […]

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Future Family raises $10M to make fertility treatments more affordable

Future Family, a startup that helps families more easily afford fertility services like IVF and egg freezing, has raised $10 million in a Series A round. Just weeks back, Future Family switched up its offerings to feel less like a loan, and more like a monthly subscription. The end results might seem pretty similar — with both, customers get the services they need without having to cough up a big pile of cash up front — but the monthly subscription approach has a big advantage: flexibility. If […]

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