7wireVentures Portfolio Company Medisafe Secures $30M in Series C Funding to Build Future Model of Patient Support

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7wireVentures Portfolio Company Medisafe Secures $30M in Series C Funding to Build Future Model of Patient Support

Medisafe, a leading digital therapeutics company creating digital drug companions, today announced that it has raised $30 million in Series C funding with investments led by Sanofi Ventures and ALIVE Israel HealthTech Fund, joined by Leumi Partners, Menorah Mivtachim and Consensus Business Group. Previous investors Pitango Ventures, 7wireVentures, Merck Ventures, Octopus Ventures, lool HealthTech, Triventures and Ourcrowd also participated.

With this new investment Medisafe will further expand its end-to-end solutions supporting patients managing medications and accelerate revenues growth. Cris De Luca, Global Head, Digital Investments at Sanofi Ventures and David Klein, Co-Founder, Managing Partner ALIVE Israel HealthTech Fund will join Medisafe’s board of directors.

Read more about the exciting funding announcement here.