Investor
The virtual care company reported a net loss of $69.2 million and revenue of $629.2 million, an 11% increase from the first quarter last year.
The startup said it will use the seed funding to accelerate product development and find customers.
The newly independent company reported $372 million in net income with revenue of $4.7 billion, an 8% increase year-over-year.
The company will use the funds to expand its reach.
Butterfly Network, maker of a handheld ultrasound, also announced it had hired Joseph M. DeVivo as the company's new president and CEO.
HIMSS23
In Chicago, Hal Wolf, CEO of HIMSS, speaks to world digital health leaders about issues to tackle in health equity, population health, cybersecurity and AI.
At HIMSS23, Holly Maloney, managing director of General Catalyst, discussed the promise and challenge of using artificial intelligence in healthcare.
Also, Omron Healthcare India is launching a remote heart health management platform with AI company Tricog.
At HIMSS23, panelists discussed their investment strategies and the types of companies that are more likely to prosper in today's funding environment.
The company also acquired Springtide Child Development and Melmed Center, both of which provide care to individuals with developmental disorders.