Health Care

Google Ventures Invests in Digital Health

San Fransisco Photo Startup VentureGoogle Ventures is the financially motivated venture capital arm of Google Inc., founded in 2009.

Google Ventures invests in startups in industries including consumer Internet, software, hardware, clean-tech, bio-tech, health care and others. They aim to invest about $100 million a year, with deal sizes ranging from seed to late-stage investments of tens of millions of dollars, depending on the stage of the opportunity and the company’s need for capital. Google Ventures currently invests in the U.S. and has offices in Cambridge, Mountain View, New York, and Seattle.

In response to technology, policy and demographic trends that are reshaping the healthcare industry

Given the rising cost of healthcare and the growing elderly population, as well as shifts in the technology and policy landscape, big changes in the way health care is delivered and regulated are on the horizon. Digital Health become a big focus and a investment target.

Here’s a look at the eight healthcare and life science businesses among Google Venture portfolio companies spanning DNA analysis, accelerated drug development, and oncology analytics.

One Medical Group

a San Francisco-based medical practice aiming to use technology to bring concierge-style medicine has raised $30 million in a round lead by Google Ventures.

23andMe

23andMe, Inc., the leading personal genetics company, today announced it has raised more than $50 million in a Series D financing in December 2012

Adimab

Google contributes to $14M round for fast-growing Adimab in April 2012

Adimag has developed an antibody discovery engine that accelerates antibody drug discovery.

DNAnexus

DNAnexus Raises $15 Million, Teams With Google To Host Massive DNA Database in 2012.

Flatiron Health

Flatiron Health, developers of the industry’s first oncology data platform, raised in January 2013 $8 million from Google venture

Foundation Medicine

Foundation Medicine received $13.5M in Series B funding. (1/8/13).

iPierian Inc.

The biopharmaceutical company iPierian Inc. has closed a $22 million round of Series B equity financing by Google Ventures

Predilytics

Predilytics, a healthcare data analytics and services company, raised $6 million in a Series A financing with investment from Google Ventures.

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