Healthcare Startups Have Raised Millions in 2023, and Data Security Startup Cyera Secured $100M

Hello folks! 🙋We have the following updates for you today! 📣

• Healthcare Startups have raised Millions in funding.
• Data security startup Cyera secured $100M.

Healthcare Startups Have Raised Millions in Funding in 2023

Healthcare has historically been thought to be a recession-proof industry. According to studies, there are more senior individuals in the United States today than ever before.

Venture firms and startups are taking note, and new healthcare startups that formerly competed for the attention of employers and insurance companies are now focusing on these patients.

Considering the significance of the healthcare sector, numerous Healthcare startups have received millions of dollars in funding.

In the first quarter of 2023, U.S. digital health funding closed with $3.4 billion across 132 deals,” according to Rock Health report.

The following is the list of some of the top startups that have raised more than $100M in 2023

• Monogram Health: Provides evidence-based home care for patients, raised $375 million
• ShiftKey: Provides real-time access to PRN shifts, raised $300 million
• Paradigm: It is a clinical research startup that raised $203 million
• ShiftMed: It is an all-in-one healthcare labor solution that raised $200 million
• Gravie: It provides health plans and raised $179 million
• Vytalize Health: Provides value-based care programs and raised $100 million

Other Healthcare startups

• EasyHealth: Rebuilding healthcare coverage, raised $135 million.
• Cityblock Health: A provider of medical and behavioral care to Medicaid patients, raised $400 million.
• CareBridge: Provides home care for state Medicaid beneficiaries, raised $140 million.
• Spark Advisors: A retirement benefit startup raised $13.6 million.
• Maven Clinic: IU fertility platform raised $90 million
• Author Health: A health care platform for Medicare Advantage recipients, raised $115 million.

Data Security Startup Cyera Secured $100M

Cyera is a comprehensive platform designed to observe and safeguard confidential information within the organization. Its functionalities include data exploration, classification, posture management, cloud DLP, and access governance.

Recently the company has secured $100M in a Series B Funding round led by Accel, with participation from Sequoia, Cyberstarts, and Redpoint Ventures. The round brings Cyera’s total funding amount to $160 million.

Cyera can discover and categorize sensitive data automatically. It searches your systems for PII, PHI, PCI, IP, and other sensitive data. Cyera’s data security software assists you in keeping track of sensitive data, authorized users, usage history, and data security.

It enables security teams to implement data access policies, encouraging the principle of least privilege and increasing resilience to cyber threats by strict control over data resource access privileges.

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