Technology

The company plans to bring its technology to 10,000 more doctors in the country.

The all-cash deal is expected to close by the end of the year, subject to regulatory clearance.

Also: Digital pathology startup Proscia raises $37 million in Series C funding.

The startup said the round brings its total raise to more than $50 million.

The enterprise product will include Folx's tools like virtual primary care, hormone replacement therapy and PrEP, as well as support for parents.

During a panel discussion at Going Digital: Behavioral Health Tech 2022, investors discuss what's next for the space as funding slows down, and explore the value of direct-to-consumer tools.

Shipments of wearables declined 3% year-over-year, according to a report by the International Data Corporation.

The pandemic has forced major investment in digital health to help expand and create solutions that support patients and healthcare professionals through one of the most challenging times in history says Prof Sam Shah, Founder Faculty of Future Health, CoMD with Ulster University, visiting faculty UCL Global Business School for Health and HIMSS22 Europe speaker.

The round brings the company's total raise to $83 million.

The secondary care platform will soon offer online doctor consultations as part of its expansion into primary care.