It took one rotation in the ER of a major Boston hospital for this former med student to realize that a disproportionate number of people who came to the ER based on flawed, online self-diagnosis while patients who needed to be in the hospital often stayed at home. Recognizing this troubling dynamic, Andrew Le took a sabbatical from med school to launch Buoy Health, an AI-powered digital assistant that helps patients accurately self-diagnose and access appropriate care. The company has helped over 9 million people understand their symptoms and seek relevant care options whether it’s telemedicine, primary care, behavioral health resources, etc. Boston TechWatch caught up with Cofounder and CEO Andrew Le, MD to learn more about the company, its future plans, the impressive traction during the pandemic, and recent round of funding from investors that include Cigna Ventures, Humana, Optum Ventures, WR Hambrecht + Co, and Trustbridge Partners.
Startups
The 12 Largest Global Startup Funding Rounds of October 2020
PayByCar Raises $2M to Rethink How People Make Purchases From Their Vehicles
PayByCar has built a new, contactless method to pay for gas that does not require handling cash, cards, or tapping any apps. PayByCar’s partnership with the E-ZPass Group (24 tolling agencies across 18 states) allows vehicles to use their existing E-Zpass transponders and smartphones to serve as a form of identification at gas stations. Boston TechWatch caught up with CEO and Founder Kevin Condon to learn more about PayByCar and the opportunities to expand beyond gas payments to drive-thru food, curbside pick-up, commercial parking, and the rest of the in-vehicle economy.
NormShield Raises $7.5M for its Cyber Risk Monitoring Platform That Can Determine the Financial Impact of a Breach
Roughly 2/3 of all cybersecurity breaches are caused by third-party integrations. Yet, we continue to integrate these third-party solutions into technology stacks, hoping for the best. NormShield is a continuous security risk monitoring platform that quantifies the financial impact of a security breach. CEO Paul Paget walks us through the continuous cybersecurity risk monitoring market, the company’s future plans, and recent round of funding from investors that include Moore Strategic Ventures, Glasswing Ventures, and Data Point Capital.
Q3 2020: 15 Largest Global Startup Funding Rounds
The 15 Largest US Tech Startup Funding Rounds of Q3 2020
Everything you need to need to know about the largest US startup funding rounds of Q3 2020; broken down by industry, stage, investors, and more…
The 11 Largest Global Startup Funding Rounds of September 2020
The 18 Largest US Tech Startup Funding Rounds of September 2020
Everything you need to need to know about the largest US startup funding rounds of September 2020; broken down by industry, stage, investors, and more…
Finch Raises $1.8M to Bring Investment Returns to Checking Accounts
Sitting at the intersection of investing and banking is Finch, a new checking platform that automatically invests your checking balance to earn returns on your funds. Account-holders can withdraw their funds at any time including the invested portion. Boston TechWatch caught up with Founder Neel Ganu to learn more about the genesis of the company’s future plans, imminent launch in the App Store, and recent round of funding from investors that include Mendoza Ventures, Barclays, Techstars Investors, and Draper Frontier.
Devo Technology Raises $60M to Help Companies Accelerate the Shift to The Cloud with Machine Data
The effects of the pandemic have accelerated digital transformation across industries and verticals and this led to an explosive shift to the cloud. Devo Technology delivers centralized cloud log management solutions powered by machine data to facilitate this shift. Designed for security and IT teams in mind, organizations can now handle the influx of data with robust analytics, workflow streams, and with insights for cross-functional teams from a single, unified platform. Boston TechWatch caught up with Chief Marketing Officer Dimitri Vlachos to learn more about Devo Technology and its latest funding round from investors that include Georgian, Bessemer Venture Partners, and Insight Partners.