Claire Rychlewski

1 week ago | axios.com | Claire Rychlewski

Cota, a real-world evidence data analytics company, is working with Bank of America on a sale process, CEO Miruna Sasu tells Axios exclusively. Why it matters: Unlike many of its cash-burning peers, Cota expects to be profitable by year-end. What they're saying: "We will likely be transacting ... in hopefully a short while," Sasu says. "We're counting on an equity deal that could turn into ...

1 week ago | axios.com | Claire Rychlewski |Erin Brodwin

Axios Pro Exclusive ContentIllustration: Gabriella Turrisi/AxiosDigital physical therapy startup Hinge Health raised $437 million in its IPO, pricing at the top of its $28-$32 per share range. By the numbers: The offering makes Hinge Health worth about $2.6 billion — nearly a 52% haircutfrom its $6.2 billion valuation in 2021.

1 week ago | axios.com | Claire Rychlewski

Axios Pro Exclusive ContentIllustration: Gabriella Turrisi/AxiosDigital physical therapy startup Hinge Health raised $437 million in its IPO, pricing at the top of its $28-$32 per share range. By the numbers: The offering makes Hinge Health worth about $2.6 billion — nearly a 52% haircutfrom its $6.2 billion valuation in 2021.

1 week ago | axios.com | Claire Rychlewski

Axios Pro Exclusive ContentIllustration: Tiffany Herring/AxiosNew Mountain-backed health tech company Datavant's acquisition of Aetion valued the company at nearly $400 million, two sources familiar with the situation tell Axios. Why it matters: Industry observers see Datavant as a potential near-term exit candidate. How it works: Datavant facilitates data exchange between drugmakers, hospitals, clinics and insurers.

2 weeks ago | axios.com | Claire Rychlewski

Axios Pro Exclusive ContentPhoto: Sarah Grillo/AxiosCohere Health is being flooded with inbound acquisition opportunities from startups coming to the end of their 2021-era funding runway, CEO Siva Namasivayam tells Axios. Why it matters: The prior authorization AI company is freshly armed with $90 million for dealmaking. Catch up quick: Cohere announced Temasek led its $90 million Series C on Wednesday.