StartUp Health January 25, 2022

Multiple mental health and wellness startups raised money this week, including the week’s largest funding round, plus the largest Series A raised by a mental health startup in Asia.

This week, we saw more than $920M in health innovation funding reported, led by Lyra Health, a Burlingame, CA-based mental health startup. The $235M round was led by Dragoneer, with participation from Salesforce Ventures and Coatue.

Other recent deals included:

Iterative Scopes, a Cambridge, MA-based developer of precision-based GI disease technologies and software, raised $150M co-led by Insight Partners and Clearlake Capital Group, with participation from Obvious Ventures, Johnson and Johnson Innovation-JJDC, Eli Lilly, Breyer Capital, and others. source>

Wheel, an Austin, TX-based healthcare platform that helps staff clinical workforces, raised...

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