Finance
This news comes just days after Quartet announced a $60 million funding round.
This week the company also reaffirmed its 2021 revenue guidance and announced its outlook for next year.
Deloitte’s Road to Next report found health tech investments totaled $23.8 billion across 556 completed transactions so far this year.
Also: HelloHero scores $7.7 million for pediatric mental health, and Pair Team nabs $7.3 million for primary care coordination tool.
This new round of funding brings the company's total raise to roughly $95 million.
This new infusion of cash comes roughly two years after the company closed a $60.75 million Series D round.
The prescription digital therapeutics company said the transaction generated approximately $175 million.
This week's top stories include baby tech company Owlet pulling its connected-sock wearables following an FDA warning letter, and TeamHealth's victory in a lawsuit accusing UnitedHealthcare of engaging in unfair reimbursement practices.
The companies position the acquisition as a way to reduce costs for patients and improve the financial health of provider organizations.
New NHS platform launched to address mental health crisis in young people.