angelMD Names 5 Winners in Digital Health Challenge

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angelMD is opening syndicate investments for 5 digital health startups, each of which will present to investor audiences in Seattle and Houston.

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. Leveraging our proprietary scoring algorithm and feedback from the angelMD network of physicians & investors resulted in selection of 5 diverse and deserving companies.” said Jens Francis, CTO and engineer of the angelMD investment system.

Today, angelMD announced that 5 digital health startups have been selected as winners of the Digital Health Challenge from submissions across the United States. Each winner will present to a live investor audience at events in Seattle and Houston. angelMD will provide an open investment syndicate for each of the companies which are also pre-approved to receive capital investments from retirement accounts (IRA / 401K).

“We were surprised at how difficult the selection process was; some of these companies were existing angelMD companies and others were recent introductions. The final pool of 30 companies were all very compelling. Leveraging our proprietary scoring algorithm and feedback from the angelMD network of physicians & investors resulted in selection of 5 diverse and deserving companies.” said Jens Francis, CTO and engineer of the angelMD investment system.

The 5 winners are:

Eko Devices: Berkeley, CA - Wearable biosensor patch for monitoring and improving mental health. The data is optionally transmitted to a clinician dashboard for later review. The product is insurance reimbursable and FDA Class II exempt, lessening regulatory burden.

Listen.MD: Denver, CO - Listen.MD’s patent-pending Intelligent Digital Scribe will provide a 10x return on investment for providers by intelligently automating the functions of a human scribe.

Medici: Houston, TX - Paid texting platform that is easy, secure and HIPAA-compliant. Physicians get paid to text with patients, on their schedule.

Monclarity: San Francisco, CA - Developers of Brainwell, the online cognitive trainer that develops a sophisticated, personalized training regimen with applications in aging populations, weight loss, drug addiction and more.

PIA: Kirkland, WA - A unique solution that reduces the cost, improves the efficiency and offers improved standardization of the technical measurements of diagnostic medical image analysis.

About angelMD

angelMD is an investment platform and marketplace connecting innovative medical startups physicians, investors and industry partners. Leading physicians from all over the US have joined the angelMD Scientific Advisory Board and Leaders Club to help source and evaluate opportunities in biotechnology, medical device and healthcare technology. For more information, visit http://www.angelmd.co.

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Ian Bamman
angelMD
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