Coterie Closes $11.5M in Series A-1 Financing, Bringing Total Funds Raised to $25M to Make Small Business Insurance Faster & Easier

CINCINNATI, Feb. 5, 2021 /PRNewswire/ -- Coterie, the technology company that simplifies small business insurance, today announced they have raised $11.5M in Series A-1 financing. Coterie secured the additional funding through an oversubscribed Series A-1 led by Intact Ventures and with participation from Alpha Edison, Lackawanna Insurance Group, a subsidiary of Group1001, and previous investors, RPM Ventures, Allos Ventures, and several others. This announcement follows strong company growth fueled by an oversubscribed Series A financing of $8.5M in March 2020. 

"There is a growing need in the industry for fast and easy solutions and we're excited to provide that in the small business insurance space," said David McFarland, CEO and co-founder of Coterie. "We've been extremely fortunate over the last year to bring on great people, partners, and investors who believe in what we're building."

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CentraState Healthcare System Partners with Noteworth to Deliver Telemedicine Services and Extend Care Management Capabilities

HOBOKEN, N.J., Feb. 3, 2021 /PRNewswire/ -- Noteworth, a first-of-its-kind virtual care delivery platform, today announced its partnership with CentraState Healthcare System to extend the continuity of care for patients in the community. CentraState recently implemented Noteworth to launch multiple programs to expand their care delivery, including telehealth and remote prevention and care management capabilities for diabetes and hypertension. 

"Having worked with various vendors for over 20 years, Noteworth is at the top of my list. Not only are their products aiding our patients, the process improvements have allowed our staff to see more patients in the same number of hours," Brian Dusheck, Director, Ambulatory Applications at CentraState Health System.

Due to the COVID-19 pandemic, CentraState had to quickly adjust the way they triaged, evaluated, and cared for patients to an approach that did not rely on in-person office visits. Within one month of implementation, Noteworth digitized CentraState's care curriculum and enabled the healthcare system to successfully deploy a digital medicine offering, reducing the need for in-person visits and making virtual care possible.

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Digbi Health News

Digbi Health's gut-microbiome and genetic-based obesity management program now allows 60,000 Doctors and Providers in Blue Shield of California's Network to Prescribe the Digital Therapeutics Platform Program is Covered by Insurance for Members.

MOUNTAIN VIEW, Calif., Jan. 26, 2021 /PRNewswire/ -- Digbi Health, the first company with a clinically proven genetics and gut-microbiome based program to safely and sustainably treat and manage obesity and associated inflammatory gut, skin and cardiometabolic health issues, is now available to Blue Shield of California members, as a fully covered program, on the health plan's Wellvolution platform.

It's the first time over 60,000 physicians and clinicians practicing in California in the Blue Shield of California's network can prescribe a weight-loss programpersonalized on a person's genetic, gut microbiome and lifestyle. Through the Digbi Health solution, patients are supported by a team of caregivers, led by a physician and care experts trained in nutrition, cognitive behavior therapy, genetics and gut microbiome. Blue Shield of California offers access to Digbi Health through the Wellvolution platform as a fully covered program to members who qualify.

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We Tried DropLabs, the Haptic Feedback Shoes That Let You Feel Sound

We can all probably officially say that 2020 was bunk: between a raging, mutating plague that seems like a deep cut from a Danny Boyle film, all the way through whack-ass killer hornets and painful, unreconciled racial injustice, the year was a hackneyed sprint to close out a marathon of a decade. 

Still, the sneakerheads among us can be resolute in the face of chaos: 2020 wasn't entirely unkind to the footwear game—we’ve seen insane kicks come through, from the 100 limited-run all-black Fear of God Nike drop to Undefeated’s throwback release of Nike’s Air Max 97s. But some of the most interesting shoes aren’t coming from our usual suspects like Nike, Adidas or Reebok: there are small companies on the come up pushing the very boundaries of footwear. Enter DropLabs, the scrappy upstart out of L.A. making crazy-ass shoes that let you feel sound. Yeah, you read that right. 

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2021 Ushers In One Of The Biggest Innovations For The Payroll Industry: DailyPay's Off-Cycle Payroll Solution

NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Over the last six years, DailyPay has revolutionized the way Americans are paid. Now, DailyPay is leveraging its on-demand pay technology to give payroll professionals a game-changing product that is revolutionizing the payroll industry, CYCLE, which will save employers and employees millions of dollars each year. 

After a year of piloting this product with a number of blue-chip forward-thinking companies, CYCLE hits the market today with a mission to relieve payroll professionals from much of the costly burden of handling off-cycle payroll payments.

Companies spend an abundance of time and money each year making payments outside of their usual payroll schedule. This labor-intensive process often features the creation of paper checks for bonuses, termination pay or to make other necessary off-cycle payments to employees. The creation of the paper check and the costs to overnight it to the recipient can cost upwards of $50each. In this time when companies are prioritizing optimization of every dollar, those costs are simply wasteful. 

For the employees, many are forced to utilize predatory check-cashing establishments that carry a high surcharge.

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