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Aging in place solutions increasing in demand as Ōmcare secures latest round of funding. MEDICAL ALLEY, MINN. – (December 15, 2020) – Today, Ōmcare, a Minnesota-based digital health company, announced a $2.5 million investment along with future follow-on investments for its Ōmcare Home Health Hub™ commercialization. The Ōmcare Home Health Hub incorporates on-time medication dispensing with visual confirmation […]
Joe Kaiser is a Director at Mercato Partners, leading the firm’s investment efforts in the Midwest as well as its Performance Team. Joe represents Mercato Partners on the boards of Ephesoft, Kalderos, Steelhouse, Summersalt and Venafi. Joe previously participated on the boards of Central Logic and Cradlepoint until the acquisition of each company. Prior to […]
Female-founded, MedTech Digital Health Start-Up Wins Innovation Award with At-Home Diagnostic Minneapolis, Minn., October 12, 2020 — Checkable Medical has been awarded $10,000 through a Securian Financial-sponsored award to support innovators working to improve and enrich the lives of families and whose ideas make it easier to put family first. The award is a part of the […]
A year after raising over $1 billion in capital for the first time ever, Medical Alley companies accomplished the feat again, this time needing just three quarters to pass the $1 billion mark. Medical Alley was already known as The Global Epicenter of Health Innovation and Care™, but back-to-back years with over $1 billion raised […]
Contact: Michael Kujak, CEO612-910-9790 Shelli Lissick, Bellmont Partners651-276-6922 FOR IMMEDIATE RELEASE Francis Medical Adds Urology Company Coloplast to Roster of Investors The $4 million equity investment will support the company in optimizing its product design and executing a pivotal U.S. study MINNEAPOLIS (Sept. 29, 2020) – Francis Medical, Inc., an early stage company pioneering urological cancer treatments, […]
Despite the tumultuous start to the year, early and growth stage companies in Medical Alley raised over $250 million, almost exactly the five-year average for the first half. Medical device companies in Medical Alley raised more than their counterparts anywhere else in the country. As the conversation around aging in place accelerates, Medical Alley is […]
MEDICAL ALLEY, Minn.–(BUSINESS WIRE)–Minnesota medical device startup Cryosa completed its Series A-2 funding, raising $8.25 million to further develop its breakthrough therapies for obstructive sleep apnea (OSA). The round was led by life sciences firm, Santé Ventures, and HOYA Corporation (“HOYA”), with additional institutional and individual investors. This latest funding round will be used to […]
Investment will accelerate growth of Central Logic’s solutions that enable health systems to orchestrate and navigate patient care to elevate outcomes. SANDY, Utah and MINNEAPOLIS, June 2, 2020 /PRNewswire/ — Central Logic, the healthcare industry’s innovator in patient orchestration and tools to accelerate access to care, has secured a strategic majority investment from Rubicon Technology Partners (“Rubicon”), a leading private equity […]
After a record-breaking year of investment in Medical Alley companies, early returns for 2020 demonstrate changes in the healthcare market. 2019 saw investments in digital health companies skyrocket, exceeding investments in medical device companies in Medical Alley for the first time. So far in 2020, medical device deals have returned to prominence, capturing over 85% […]