Want more health tech deals? Check out the Axios Pro Deals Tracker.
Venture Capital
• Navina, a New York-based clinical intelligence startup, raised a $55m Series C led by Goldman Sachs Alternatives and was joined by insiders Vertex Ventures Israel, Grove Ventures and ALIVE. Go deeper
• Sibel Health, a patient monitoring company spun out of Northwestern University, raised a $30m Series C led by inside investor Steele Foundation for Hope led and joined by insider Dräger. Go deeper
• TadHealth, a Newport Beach, Calif.-based school mental health care administration startup, raised $7.9m. Go deeper
• Biophy, a Philadelphia-based developer of AI tools for pharmaceutical research and development, raised $6.6m. Go deeper
• Arlo, a New York-based provider of employer health insurance, raised $4m in seed funding led by Upfront Ventures with participation from 8VC and General Catalyst. Go deeper
Private Equity
• Audax invested in TCP Analytical, a South Carolina-based Riverarch Equity Partners portfolio company that makes chemicals and consumables for life sciences. tcpanalytical.com
• Marathon Health and Everside Health, two employer primary care providers backed by General Atlantic and NEA, completed their previously announced merger. Go deeper
Fundraising
• SemperVirens, a San Mateo, Calif-based VC firm, closed $177m across two new funds: $141m for its Core Fund III for early-stage companies and $36m for its Growth Opportunity Fund II for growth-stage investments in its top performing companies. Go deeper
