Investor
Food delivery company ModifyHealth scooped up $10 million, and Censinet, developer of healthcare cybersecurity software, raised $9 million.
The investment, a mix of equity and debt, will go toward company growth and product development.
The Series D funding round announcement follows CEO Eren Bali's Twitter post on Friday that reported a second round of layoffs affecting more than 200 people.
According to Rock Health's investment report, 2022 marks a significant decline from 2021 when digital health companies raised $29.3 billion.
The company eyes overseas expansion and wants to offer more telemental health services.
It plans to secure more regulatory approvals for its AI pathology platform.
The funds will help expand the company's deployment of its in-home kidney and polychronic care delivery model and its clinical services.
The home diagnostics company also cut 170 manufacturing jobs in the summer.
The investment will help expand the telepsychiatry platform's reach.
Dr. Taha Kass-Hout joins the newly spun-out company from Amazon Web Services.