Passive remote patient monitoring system Healthy.io has closed a Series D funding round raising USD 50 million, which includes an unannounced USD 45 million investment in February 2022. The round was led by Schusterman Family Investments, with participation from Aleph and other existing shareholders. 

The proceeds will be used to expand the company’s operations in the US, in relation to which Healthy.io laid off one-third of its workforce (roughly 70 employees who were predominantly based in the Israel and UK). 

The Israeli company offers clinical-grade urinalysis diagnostic testing, which can be accessed from the comfort of one's home. Users can quickly obtain their results anytime and anywhere by using their smartphones. The results are shared securely with their healthcare providers for follow-ups. Having received FDA approval in 2018, the company recently received FDA 510(k) clearance for its Minuteful Kidney test.