Between product launches that aid marginalized communities and funding rounds raised with the intention to hire, it’s been a busy week in Boston. Here’s what you may have missed. This is the Built In Boston Weekly Refresh.
Immuta Health pulled in $100M. Cloud data and security startup Immuta Health pulled in $100 million in its Series E funding round. The raise, led by NightDragon, brings Immuta’s total funding to $267 million. The company plans to use its new capital to accelerate its product offerings and hire, with aims to grow its sales, marketing and customer success teams. [Built In Boston]
FOLX Health launched LGBTQ+ Benefit Software. LGBTQIA+ health tech startup FOLX Health launched an enterprise service solution that employers can use to offer LGBTQIA+ staff end-to-end primary care, gender-affirming care, care advocacy and community building. FOLX Health currently houses 85 employees. The startup plans to continue to expand its team, with a focus on its enterprise solution through 2023. [Built In Boston]
Boston Tech Quote of The Week
Bicycle Health raked in $50M. Opioid addiction treatment platform Bicycle Health raised $50 million in its Series B funding round led by InterAlpen Partners. The recent raise brings the company’s total funds raised to $83 million. Bicycle Health will use its fresh funds to expand its virtual telehealth treatment model for opioid use disorder. [GlobeNewswire]
Goldcast featured in Built In’s Future Five series. Goldcast is a dual marketing and hybrid events platform founded in 2020 by three Harvard University graduates. The B2B hybrid events platform provides company-branded video backgrounds and attendee analytics, which helps enterprise sales teams track and reach their marketing goals. [Built In Boston]
CareAcademy secured $20M. Home care enablement platform CareAcademy raised $20 million in a strategic investment round led by Goldman Sachs Asset Management. The startup plans to use its new capital to further build out its product offerings and data measurement capabilities. Additional funding will go toward furthering the company's mission to “unlock the unmet potential of caregiving in home and community-based services.” [Yahoo Finance]
Reach Mobile raised an $8M extension. Low-cost and contract-free mobile service provider Reach Mobile secured an $8 million extension raise in its two-quarter funding round. The extension was led by Graham Holdings Company and brings the startup’s total funding for the round to $16 million. The company plans to invest its latest capital in its technology, product and account management. Additional funding will go toward hiring for 60 to 100 roles in Boston, as well as the company’s headquarters in India. [Built In Boston]
