Business

Talkspace also announced a 29% year-over-year revenue growth in the second quarter, and Clover Health reported an 11% increase in revenue.

Daisy Wolf, investing partner at Andreessen Horowitz, joined MobiHealthNews to discuss technology's role in healthcare and provide advice to founders seeking funding.

The New York-based company's stock price fell upon news of a 2% decrease in second-quarter revenue and a $837.7 million net loss.

The women's health app will use the funds to expand its workforce in North America and Europe, scale its reach and enhance its technology.

The funding announcement comes just one year after the company secured a $71 million investment.

ReviR Therapeutics secures $30 million for its drug discovery platform. RetiSpec raises $10 million for its eye-diagnostics offering. SoundHealth scores $7 million for its acoustics medical device for nasal congestion.

The company will use the funds to accelerate its growth and build its product offerings.

Scopio Labs secured $42 million in Series D funding, and robotics company NAVIGANTIS closed a $12 million Series A round.

The company's first feature to emerge is its "smart notes." It generates clinical notes for providers based on conversations with Talkspace members.

The funding comes less than a year after the virtual mental health company closed a $125 million Series C funding round.