Finance
Wellbeat brings a platform with virtual fitness, nutrition and mindfulness courses.
The company plans to use the new investment to build its team and client base.
The company plans to use the funds to focus on the oncology space.
Berlin-based digital health company plans to expand in the US market.
The deal is worth $250 million in cash and stock.
This additional funding brings the company's total Series B raise to $120 million.
The acquisition will cost $53.5 million in cash, plus an earnout consideration of up to $24 million and around $5 million in stock to employees joining Doximity.
Also: VisuWell scores $10 million for its telehealth tool, and Epicore Biosystems picks up $10 million for its hydration wearable.
The financing completes firm’s $60.1M Series B round.
Tryl is focused on curbing clinical trial dropout rates through personalized patient engagement.