What a week for digital health tech. Yesterday, Google Capital invested $32.5M in health insurance startup Oscar, which boosts the company's valuation to $1.75B and its total funding to $328M. This morning, digital therapeutics startup Omada Health announced $48M from NVP and Andreessen Horowitz, among others, to provide 16-week digital health programs for people who are at risk of developing diabetes.

Those two investments combined, however, are merely a fraction of the $200M that Amazon's Jeff Bezos will be pouring into Blue Origin, his new rocket manufacturing venture in Florida. Bezos revealed yesterday that Blue Origin is already developing its first rockets, and will partner with Boeing and Lockheed Martin for future engine development.

Phil Libin, former CEO of Evernote, stepped down yesterday and announced that he will be joining General Catalyst Partners as the firm's fourth GP in Palo Alto. General Catalyst has made 355 invesments to date, according to CrunchBase data, and Evernote is not one of them.


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Featured Funding Rounds
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Lightspeed POS

$61M / Series C

Lightspeed provides a point-of-sale retail solution that allows stores and restaurants to manage their presence online and offline. The new funding comes exactly one year after the company raised its Series B round, bringing Lightspeed's total funding to $126M.

Montréal Quebec · Software · Point of Sale · Mobile Analytics · Mobile Payments · Retail Technology · Restaurants · Retail

Founders
Investors
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Omada Health

$48M / Series C

Omada is a digital health company that offers behavioral programs for people at risk of chronic disease. With $77M total funding to date, the company will use the new capital to improve its diabetes wellness program.

San Francisco California · Education · Health and Wellness · EdTech

Founders
Investors
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Oscar

$32M / Venture

Oscar is a health insurance startup that signs up customers through online exchanges created by the 2010 Affordable Care Act. This round marks Google Capital's first investment since Google announced it would create a new umbrella company called Alphabet Inc.

New York New York · Insurance · Health and Wellness

Founders
Investors
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Cloud Sherpas Cloud Sherpas acquired by Accenture
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Since the last CrunchBase Daily
143 Funding Rounds Added   $1.7BIn Fundings Captured   58 Acquisitions Recorded   5,156 Profiles Updated
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