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Scriptdrop Scores $27M; Chinese Exercise Startup Fiture Lands $65M; and Other Digital Health Fundings

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October 5, 2020

Also European virtual care company HomeDoctor scores $4.3M and sexual health company Emjoy closes seed funding round.

ScriptDrop, a startup that works with pharmacies to deliver on-demand prescriptions, has raised $15 million in a growth round, bringing its total fundraise to $27 million. Oio Innovation Fund, M25 and Rev1Ventures all returned to take part in the investment.

ScriptDrop works with couriers to coordinate same-day delivery, and offers pharmacies a direct integration with their system to enable more efficient deliveries. Patients, meanwhile, can request their deliveries using the company’s app platform, which asks them to fill out their relevant information and pay a delivery fee.

With these new funds, the company said that is will be expanding its operations, expediting new partners and focusing on its engineering and operations. “We’re excited to continue building bridges between the many stakeholders in the healthcare ecosystem,” CEO Amanda Epp told MobiHealthNews in an email statement. “While ScriptDrop has made great progress since day one, we still have a lot of work to do to improve patient access to care, especially during the ongoing pandemic.”

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Smart home fitness equipment company FITURE has brought in a $65 million Series A financing round headed by Tencent, DealstreetAsia reports. Sequoia Capital China, Bertelsmann Asia Investments, C Ventures, Cathay Capital, BA Capital, CPE and All-Stars Investment all took part as well. The Chengdu, China-based startup is working on an in-home smart screen that delivers fitness courses, data tracking and other features that DealstreetAsia likens to those of Tempo. With its funds, FITURE will focus on R&D and interactive content.

Virtual care platform HomeDoctor scored €3,7 million in Series A funding. The latest round was led by Cogito Capital Partners along with participation from its companies’ founders. The company offers both virtual telemedicine visits and the option to digitally book a home visit. Today the company is headquartered in Warsaw and Amsterdam, but the company got its start on the Polish market. The company plans to use the funds to grow its geographical footprint in other countries. It also plans to use it towards regulatory developments.

“Home Doctor’s mission is to transform the traditional healthcare model challenged by accessibility issues and deliver healthcare services to consumers in a seamless, patient-centric way. We are delighted to have Cogito on board, to support our plans and strengthen our capacity to execute our ambitious growth and expansion strategy,” Sylwester Janik, General Partner at Cogito, said in a statement.

“We are excited to partner with Szymon and his team to support HomeDoctor’s product and market expansion plans. The Company’s offering meets patients’ needs and preferences for affordable and accessible healthcare services, conveniently delivered online and directly to their homes and is a game changer in the healthcare industry”.

Sexual health and wellness company Emjoy raised $3 million in seed funding earlier this week, led by JME Ventures, with participation from Nauta Capital. The Barcelona-based company specializes in helping women explore their bodies and sexuality. The app includes a library of audio sessions by a sex therapist. The app is pitched as a way to help reduce the “organism gap”. The company was founded in 2019 with a €1 million raise from Natua Capital.

The new raise will be put towards developing the app’s content and towards more collaborations.

“Emjoy combines two sectors we are really bullish on: consumer subscriptions and digital health/wellbeing. It is a great example of how technology can be leveraged to bring excellent but otherwise hard to access solutions to the mass market,” Samuel Gil, Partner at JME Ventures, said in a statement.

“We feel really fortunate to partner with Andrea, Dan and the rest of the team and are looking forward to witnessing first-hand what they are going to achieve in the coming years.”

Source: Mobihealth News

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