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Merck leads Medivo’s B round

Jun 18, 2013 • Quentin Carruthers

Medivo, a US-based online health monitoring platform, has raised $15m in series B financing led by the Global Health Innovation Fund (GHIF) of US-based healthcare company Merck, with participation from existing investors, company builder Safeguard Scientifics and early-stage venture capital fund MentorTech Ventures.

To date, Medivo has raised over $22m to support its analytics capabilities and health data platform, including a $7m series A financing in late 2011.

Joe Volpe, investment principal for GHIF, said: “Health information technology is one of the…

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