Funding and Acquisitions Roundup: ConsultingMD gets $10M to speed up second opinions on medical diagnoses

By Editor May 21, 2013

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

ConsultingMD, a service that connects patients seeking second opinions on medical conditions in a way that streamlines and expedites the referral process, has raised $10 million in Series A funding from Venrock. The startup was founded by Owen Tripp, who co-founded, and Dr. Lawrence Hoffman of Stanford Hospital. By automating the process of collecting patient information, pulling patient records, matching a patient with a specialist, and skipping the often-slow insurance referral process, ConsultingMD hopes to expedite getting second opinions. The company was founded in 2012 and is based in Palo Alto. Venrock, also based on Palo Alto, is actually the investment arm of the Rockefeller family and is focused in large part on healthcare investments.

More funding and acquisitions news:

Postmaster raises $600K to simplify eCommerce shipping (via VatorNews) gets $3M to crunch many kinds of data in the cloud (via GigaOm)

Science-Backed Ecommerce Recommendation Startup Uncovet Raises $1.3M (via TechCrunch)

HasOffers—$9.4 million first funding (via company blog)

Founders Fund Backs Its First Food Tech Startup, Hampton Creek Foods, With A $1M Investment (via TechCrunch)

Neverware Raises $1M To Keep Schools’ Computers Quick Like Lightning (via TechCrunch)

Alteryx raises $12M to make predictive analytics user-friendly (via GigaOm)

Payvia snaps up Mogreet to bring MMS marketing together with carrier billing (via VentureBeat)

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