Monogram Health closes on milestone $375M round
NASHVILLE, TN–Three-year-old kidney disease management startup Monogram Health has closed on a milestone $375 million round of funding. Monogram works with health insurance plans to care for chronic kidney disease patients inside their home by working to either stabilize a patient’s disease progression or transplant or improve treatment results for patients already on dialysis. Investors included CVS Health, Cigna Ventures, Humana, Memorial Hermann Health System, and SCAN.
Idea Fund Partners doubles its funding target
DURHAM, NC–Investment firm Idea Fund Partners filed papers with the U.S. Securities and Exchange Commission for its IDEA Fund IV, putting the fund’s target at $50 million – double the amount of the company’s Fund III. The investment firm invests in entrepreneurs who are applying technology and business model innovations to industries in the earliest stages of digital disruption.
Forj raises $15M
MILWAUKEE, WI–Forj, a startup that offers an online platform for helping professional organizations build community, has raised $15 million and merged with WebCourseworks, a learning management system. The funding was led by Plymouth Growth, and included support from existing Forj investors Baird Capital and GCI. “There is a massive opportunity in front of us, as our clients transform to meet the ever-increasing expectations of their members who want to learn, to forge relationships, and to belong to a community that helps them grow,” said Kurt Heikkinen, CEO of Forj.
Missouri construction tech company acquired
ST. LOUIS, MO–A startup that provides technology for the construction industry has been acquired by Colorado-based Trimble Inc. Rvvit’s software is designed to provide architects, contractors and developers the ability to access and share information on construction projects. Financial terms of the deal were not released.