4 Notable Health Tech Funding Announcements in March

This roundup is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive.

Health tech companies made several major funding announcements in March. Here is a list of some of the biggest funding rounds.

Navina raises $55 million in Series C funding

Navina, based in Israel and New York, offers an AI copilot that gathers and analyzes patient data from the EHR and other sources to help physicians participate in value-based care models. It serves more than 10,000 healthcare workers across 1,300 clinics.

Its $55 million Series C round was led by Growth Equity at Goldman Sachs Alternatives and included participation from Vertex Ventures Israel, Grove Ventures and ALIVE. The funding will help the company expand across the U.S. and improve its AI technology. In total, Navina has raised $100 million.

Proscia secures $50 million

Philadelphia-based Proscia is a software company focused on pathology. Its Concentriq platform is meant to accelerate drug discovery, development and diagnostics.

Proscia’s $50 million raise was led by Insight Partners, AI Capital Partners (Alpha Intelligence Capital’s US fund) and Triangle Peak Partners. Other investors included Avenue Venture Opportunities Fund, Emerald Development Managers, GPG Healthcare, Fusion Fund, Interwoven Ventures and Razor’s Edge. The funding will help the company “propel its commercial momentum,” according to the announcement. Proscia has raised $130 million in total.

Vori Health snags $53 million in Series B funding

Vori Health, based in Nashville, Tennessee, offers in-person and virtual musculoskeletal care. It serves employers and health plans and offers access to board-certified physicians, physical therapists, registered dietitians and health coaches.

Its $53 million Series B round was led by NEA and included support from AlleyCorp, Intermountain Health’s Intermountain Ventures, Echo Health Ventures and Max Ventures. With the funding, Vori Health will deepen its value-based care initiatives, invest in its advanced data analytics and improve its technology platform and clinical programs, the announcement stated.

Inspiren raises $35 million in Series A funding

New York-based Inspiren is a company supporting senior living communities. It offers care planning and billing services, an emergency call system and workforce optimization services. It also uses AI to detect fall risks and identify high-risk patients.

The $35 million Series A round was led by Avenir with participation from Primary Venture Partners, Story Ventures, Third Prime and Studio VC. It will help Inspiren grow its clinical consulting and internal teams and scale its business.

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