Foley Hoag Advises Client Ginger.io in $6.5 million Series A Financing
December 3, 2012
Ginger.io, a behavior analytics company and Foley Hoag LLP client, has closed $6.5 million in a Series A financing round.
Based in Cambridge and San Francisco, Ginger.io offers analytics software that aims to improve the world’s health through new data insights and includes a mobile application that uses an individual’s smartphone to identify changes in behavior correlating with the user’s health. Developed by MIT scientists and engineers and based on cutting-edge predictive models, the platform provides a “check-engine light” for a person’s health in the form of an alert that can be sent to a health care provider, caregiver or individual.
Ginger.io has greatly positioned itself to take advantage of the need for proactive population management, a growing trend highlighted by the recent healthcare legislation. Since raising a seed round a year ago, the company has expanded, absorbed the Rock Health startup Pipette, opened a San Francisco office and launched numerous partnerships, including the Cincinnati Children’s Hospital’s Chronic Collaborative Care Network (C3N) and the Carolinas-based hospital system Novant.
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