D.C.’s Babyscripts has raised millions in fresh funding to introduce a new product to doctors across the country, less than a year after the obstetrics startup’s last raise — and as demand for virtual access to health care continues to balloon.
The local venture, whose maternal health platform connects pregnant patients with their physicians, said Monday it has secured $12 million in the first close of a Series B round led by strategic health care investment vehicle MemorialCare Innovation Fund. Existing investors Philips (NYSE: PHG), a Dutch health tech company, and the CU Healthcare Innovation Fund, part of the University of Colorado’s Anschutz Medical Campus, also participated in this phase of the raise.
In addition, Phoenix-based Banner Health; Pennsylvania-based WellSpan Health; and the Froedtert & the Medical College of Wisconsin health network were involved in the raise as part of Babyscripts’ Strategic Partner Program formed in December.
Babyscripts declined to disclose…
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