--- title: MATTER startups surpass $1B in financing description: Several startups — including Pear Therapeutics, HealthVerity and Redox — closed financing rounds exceeding $25 million. image: https://blog.matter.health/hubfs/Imported_Blog_Media/preview-Startup-Raises-spring-2019-2.png --- ![MATTER startups surpass $1B in financing](https://blog.matter.health/hubfs/Imported_Blog_Media/preview-Startup-Raises-spring-2019-2.png) [← Back to Blog](https://blog.matter.health/) # MATTER startups surpass $1B in financing [ Courtney ](https://blog.matter.health/author/courtney) June 5, 2019 MATTER startups collectively raised $175 million in early 2019, bringing all-time funding to over $1 billion. ![MATTER-startup-raises-spring-2019.png](https://blog.matter.health/hubfs/Imported_Blog_Media/MATTER-startup-raises-spring-2019-1.png) Several startups — including Pear Therapeutics, HealthVerity and Redox — closed financing rounds exceeding $25 million. Here’s the month-by-month breakdown of the raises that were publicly announced so far in 2019: ## January 2019 **Pear Therapeutics — $64M** Pear Therapeutics develops clinically validated digital therapeutics to provide better outcomes for patients, smarter engagement and tracking tools for clinicians, and cost-effective solutions for payers. In January, they raised [$64 million in Series C financing](https://www.businesswire.com/news/home/20190104005049/en/Pear-Therapeutics-Completes-64M-Series-Financing) and [announced](https://www.businesswire.com/news/home/20181217005164/en/Pear-Therapeutics-Announces-Initiation-Proof-Concept-Study) the initiation of a proof of concept study for their prescription digital therapeutic for schizophrenia. **Cynerio — $7M** Cynerio provides visibility into all clinical assets on the IT network, detects anomalies and stops the threat to ensure patient safety and data protection. They [raised](https://www.prnewswire.com/il/news-releases/cynerio-secures-7-million-seed-round-funding-to-drive-us-market-development-300775467.html) a $7 million seed round to drive U.S. market development. **Third Eye Health — $7.25M** Third Eye Health provides nurses with virtual, 24/7 physician-sourced guidance on how to treat patients in place rather than calling an ambulance. This telemedicine startup [raised](https://skillednursingnews.com/2019/02/skilled-nursing-telehealth-provider-third-eye-closes-7m-funding-round/) $7.25 million in Series A financing. **Medigate — $15M** Medigate has developed a smarter way to identify, manage and protect IoT devices on clinical networks. They [closed](https://www.businesswire.com/news/home/20190129005039/en/Medigate-Closes-15M-Series-Funding-Meet-Demand) a $15 million Series A to accelerate growth. --- ## February 2019 **AMOpportunities — $2.2M** AMOpportunities arranges U.S. clinical experiences for non-U.S. medical students and graduates. They [raised](https://www.americaninno.com/chicago/funding-chicago/startup-matching-foreign-med-students-with-u-s-rotations-raises-2-2m/) $2.2 million in Series A financing. **IntuiTap — $225,000** IntuiTap has developed the world’s first device designed to eliminate the guesswork, frustration and pain from spinal punctures. This Houston-based [medical device company](https://www.intuitapmedical.com/) was awarded a $225,000 grant from the National Science Foundation. **rMark Bio — $1.5M** rMark Bio collaborates with life sciences companies to deliver products that align with company imperatives and address today’s issues of working with data, machine learning and compliance. They [raised](https://www.prnewswire.com/news-releases/life-sciences-ai-company-rmark-bio-raises-1-5-million-in-seed-funding-300791401.html) $1.5 million in seed round funding. **Ilerasoft — $200,000** Ilerasoft has created a new standard in healthcare: the Efficiency Score, similar to a credit score, for medical equipment. They [won](https://www.bizjournals.com/twincities/news/2019/01/30/habitaware-minneapolis-mental-health-startup-wins.html) $200,000 from the Metropolitan Economic Development Association’s challenge for minority entrepreneurs. **Enhanced Medical Nutrition — $1.2M** Enhanced Medical Nutrition develops and commercializes medical nutrition to help patients prepare for surgery and promote better and faster recovery after surgery. This Canadian life sciences organization [raised](https://www.globenewswire.com/news-release/2019/02/19/1736873/0/en/Canadian-Startup-Enhanced-Medical-Nutrition-EMN-Completes-Oversubscribed-Seed-Round-Funding.html) a $1.2 million seed round. --- ## March 2019 **HealthVerity — $25M** HealthVerity offers a cloud-based platform to discover, license and link HIPAA-compliant and de-identified healthcare data. They [raised](https://www.businesswire.com/news/home/20190403005862/en/HealthVerity-Announces-25-Million-Series-Funding) $25 million in Series C funding led by Foresite Capital. **Flume Health — $4.05M** Flume Health is a digital third-party administrator committed to helping self-insured employers to optimize and make the most of the health insurance benefits they offer their employees. This New York City-based startup [raised](https://www.alleywatch.com/2019/05/flume-health-insurance-payment-self-insured/) a seed round of $4.05 million from Primary Venture Partners, Founders Collective, Accomplice, ERA and other angel investors. **Level Ex — $4M** Gamification meets surgery at Level Ex. They’ve developed industry-leading mobile, AR and VR games for physicians using state-of-the-art video game technology and cognitive neuroscience expertise. Level Ex [closed](http://siliconprairienews.com/2019/04/level-ex-raises-4-million-in-venture-funding/) a $4 million round of venture funding. --- ## April 2019 **Redox — $33M** Redox is simplifying data sharing in healthcare by creating a seamless flow of patient data from one provider to another. They [closed](https://techcrunch.com/2019/04/17/acting-as-the-data-integrator-between-hospitals-and-digital-health-apps-brings-redox-33-million/) a $33 million round of Series C funding led by Battery Ventures. **ExplORer Surgical — $5M** ExplORer Surgical is a cloud-based “digital playbook” that promotes streamlined teamwork and best practices in the operating room. They [raised](https://www.prnewswire.com/news-releases/explorer-surgical-the-os-for-the-or-announces-5m-financing-300834729.html) $5 million in financing led by Aphelion Capital, the venture firm that also led ExplORer Surgical’s $3 million Series A round back in 2017. **Simergent — $3M** Simergent is developing a home dialysis machine to deliver safe and effective peritoneal dialysis therapy to end-stage renal disease patients. The startup [raised](https://www.simergent.com/blog/2019/4/18/simergent-closes-2835m-seed-round) $3 million in their seed round of financing. **Blueprint (formerly HelloJoy) — $1.3M** Blueprint is a cloud-based platform for psychiatry and psychology clinics to more efficiently practice measurement-based care. They [raised](https://www.businesswire.com/news/home/20190402005104/en/Mental-Health-Assessment-Platform-Blueprint-Raises-1.3M) $1.3 million in their latest round of funding led by Hyde Park Angels and Lightbank. --- ## May 2019 **Briteseed — $669,000** Briteseed is committed to developing the next generation of laparoscopic and robotic surgical tools that provide real-time detection of hidden blood vessels and other sensitive structures using advanced optics and artificial intelligence. The [company](http://briteseed.com/) was awarded a $669,000 grant from the National Institutes of Health (NIH) to advance their mission. **metaMe Health — $240,000** metaMe Health develops FDA-cleared digital therapeutics for the treatment of gastrointestinal conditions. The company [received](https://www.metamehealth.com/press/nih-awards-metame-health-243000-grant) a grant from the NIH for more than $240,000 to perform real-world testing on the company’s metaMe Connect digital therapeutics platform. **Vynca — $10.3M** Vynca develops technology that ensures a patient’s future care preferences are known and honored at end-of-life. With this additional investment, [Vynca](https://vyncahealth.com/) will focus on expanding its presence across the United States while building on its current presence in 11 states, and serve as the national single source of truth for advance care planning documents. **SalvePeds — $25,000** SalvePeds is revolutionizing a new treatment of diabetic ulcers. This [pharmaceutical startup](https://blog.matter.health/salvepeds.com) won the seventh annual BioCrossroads New Venture Competition, landing them a $25,000 cash prize. *MATTER brings together a global community of more than 200 cutting-edge startups with dozens of hospitals and health systems, universities and industry-leading companies to solve the right problems in the right ways. Our venture acceleration programs help entrepreneurs at all stages build financial models, speed product development, raise capital, secure pilots and scale their businesses.* [Learn more about MATTER’s startup incubator](http://matter.health/join). [community](https://blog.matter.health/tag/community), [matter news](https://blog.matter.health/tag/matter-news) ## Related reads [![](https://blog.matter.health/hs-fs/hubfs/Imported_Blog_Media/2018-report-hero-2.png?width=352&name=2018-report-hero-2.png) ](https://blog.matter.health/matter-members-raised-260-dollars-million-in-2018-generated-102-dollars-million-in-revenue) ### [MATTER members raised $260M in 2018, generated $102M in revenue](https://blog.matter.health/matter-members-raised-260-dollars-million-in-2018-generated-102-dollars-million-in-revenue) MATTER’s 2018 Year in Review highlights accomplishments as the innovation hub enters its fifth year [![](https://blog.matter.health/hs-fs/hubfs/Imported_Blog_Media/MATTER-launch-2015-2.jpg?width=352&name=MATTER-launch-2015-2.jpg) ](https://blog.matter.health/matter-turns-four) ### [MATTER turns four!](https://blog.matter.health/matter-turns-four) Four years ago this week, we opened MATTER’s doors with 30 startup companies, a few programs and a... 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