Voya Financial buys Benefitfocus for $570M

Travel Financialan investment company, acquired cloud-based benefits company, Benefitfocus for approximately $570 million. The all-cash deal valued the Benefitfocus at $10.50 per share. The deal is still subject to regulatory approval.

Exclusive: Children’s hospitals partner on digital health initiative

Valera Health, a mental health provider serving high acuity patients, announced the close of a $44.5 million growth equity round led by healthcare-focused private equity fund, Heritage Group. Cigna Ventures and Horizon Healthcare services also participated.

Hackensack Meridian Health partners with General Catalyst

Southern California Kidney Consultants and Denver-based Strive Health, a kidney care company, partnered on a Medicare beneficiary care arrangement in the region. The partnership includes 21 providers and will allow the pair to form a joint entity contracting with Medicare, Medicare Advantage and independent physician associations.

Investors see opportunity in startups treating serious mental illnesses

Floreo, a behavioral health company that develops virtual reality technology, has announced a $10 million Series A funding round. The round was led by Tenfore Holdings with participation from the Felton Group, the Autism Impact Fund and the Disability Opportunity Fund.

More deals and funding rounds:

MD optionsa telehealth start-up providing treatment-resistant depression care, raised $2.35 million.

Wellin5a virtual counseling provider, closed a $2 million seed round.

MedCrypta cybersecurity solution for medical devices, raised $25 million in Series B funding.

OncoPrecisiona precision oncology platform, closed a $3.3 million seed round.

Tiny Healtha home health testing company, secured $4.5 million in seed funding.

Exer Healtha digital MSK platform providing remote patient monitoring, raised $6.5 million.

Carta Healthcarea clinical data and analytics platform, raised $20 million in Series B funding.

Neurotracka digital wellness platform focused on dementia and Alzheimer’s disease, raised $10 million.

Hint Healtha direct primary care company, announced it acquired AeroDPC, a practice management and electronic medical record company.

IntusCarea developer of predictive analytics software aimed at improving geriatric care outcomes, closed $14 million in a Series A funding round.

Healiosa UK-based digital mental health therapy platform that connects patients to mental health professionals, closed a $16 million funding round.

If there is a digital health funding or M&A deal that we missed from this past week here, please email us.

Digital Health Business & Technology’s data team contributed to this roundup.

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