New York, NY (PRWEB) April 08, 2014 -- StartUp Health, a global startup platform accelerating innovation in health and wellness, today announced the addition of 16 new companies to its StartUp Health Academy, a long-term entrepreneurship program and community designed to help scale early-stage digital health companies. To date, 63 companies have joined StartUp Health, three of which have been acquired, and the program's portfolio has raised a total of $130 million.
Thousands of startups that share a common goal of transforming health and wellness have applied to the StartUp Health Academy. Each quarter, it invites fewer than 20 companies to join its comprehensive three-year entrepreneurship program. These companies are led by some of the best and brightest serial entrepreneurs, doctors, technologists and trained scientists. Selected companies become part of a close community of “Healthcare Transformers” and participate in a long-term coaching program focused on scaling their businesses, leadership development and providing access to investors, customers, talent and partners who are committed to healthcare innovation.
“We are entering a great period of transformation, where all aspects of our health and wellness are being reimagined by inspiring and passionate entrepreneurs from around the world,” said Jerry Levin, Chairman of StartUp Health. “StartUp Health’s growing family of Healthcare Transformers represents the beginning of what’s possible when entrepreneurs lead the way and it signals the remarkable potential for cross-pollination between innovators in different countries.”
Today, StartUp Health also announced that Nadeem Kassam, a member of StartUp Health’s inaugural class and the founder of BASIS Science, which was recently acquired by Intel, will join StartUp Health as its first “Healthcare Transformer in Residence.” His focus will be helping the current community of Startup Health companies and scouting the ecosystem for new startups.
“To be surrounded by such an extraordinary network of entrepreneurs and innovators and have an ongoing support infrastructure to navigate challenges has been invaluable. I am honored to coach this amazing group of Healthcare Transformers and help StartUp Health continue to find the next generation of innovators,” Kassam said.
This week, StartUp Health will host its quarterly Healthcare Transformer Summit in New York City and showcase its companies to some of the tech industry’s biggest brands, including Google, Facebook, Twitter, and Yahoo!, as well as nearly 300 health-¬focused investors, healthcare brands and strategic partners.
All of the new StartUp Health companies share a goal of solving critical problems in healthcare, and they cover a wide range of subsectors within the field, from big data and genetics to care management to employee wellness.
The new StartUp Health companies include:
• Althea Health - Patient-powered research for rare and neglected diseases
Subsector: Social engagement
Founders: Greg Cohen, Manu Kodiyan, Sanjay Raghu
Location: San Francisco, CA
altheahealth.com
• CarePredict - Wearable sensor for senior care
Subsector: Sensors
Founders: Satish Movva, Krishnatej Vedala, PhD
Location: Fort Lauderdale, FL
carepredict.com
• Health123 - Salesforce for wellness management
Subsector: Wellness platform
Founders: Rachel Lanham, Rebecca Norlander
Location: Seattle, WA
health123.com
• Hindsait - Cognitive analytics for patient risk assessment
Subsector: Big data analytics
Founders: Pinaki Dasgupta, Adrish Sannyasi
Location: Englewood, NJ
hindsait.com
• Inbox Health - Patient billing, payments and analytics
Subsector: Navigating the healthcare system
Founders: Blake Walker, Simon Kaluza
Location: Bridgeport, CT
inboxhealth.com
• LifeDojo - The cure for the common corporate wellness program
Subsector: Employee wellness
Founders: Chris Cutter, Varun Vummidi, Patricia Bedard
Location: New York, NY
lifedojo.com
• Mobile Health One - Communication platform for care providers and patients
Subsector: Care management
Founders: David Crane, John Abrahams, MD
Location: New York, NY
mobilehealthone.com
• PHmHealth - Ensuring compliance in provider-patient interactions by making home healthcare as trackable as a UPS package
Subsector: Care management
Founders: Dirk Rassloff, Michael Mittelman
Location: Philadelphia, PA
phm-health.com
• Pocket Anatomy - Visual patient education software
Subsector: Ed tech
Founders: Mark Campbell, Thomas King
Location: Galway, Ireland
pocketanatomy.com
• Punctil - Punctuality solutions for healthcare
Subsector: Care management
Founders: Ben Picard, Denis Abrams, PhD
Location: New York, NY
punctil.com
• RxREVU - Saving money for patients & payors through prescription optimization
Subsector: Navigating the healthcare system
Founders: Carm Huntress, Kevin O’Brien, MD, Dan Caron, Peregrin Marshall Location: Denver, CO
rxREVUE.com
• Shift Health - Bringing the patient voice into clinical care
Subsector: Low literacy healthcare communication
Founders: Sandy Whitehouse, MD, Daniel Penn.
Location: Toronto, Canada
shifthealth.ca
• SmartRx - Healthcare CRM platform
Subsector: Patient Engagement, Patient Relationship Management
Founders: Anil Kumar, Vishesh Rohatgi, MD, Vijayakumar Kannan.
Location: Bangalore, India
smartrx.in
• Tute Genomics - Cloud-based genome analysis for precision medicine Subsector: Big data & analytics
Founders: Reid Robison, MD, MBA, Kai Wang, PhD
Location: Salt Lake City, UT
tutegenomics.com
• Vheda Health - Personalized mobile disease management & analytics
Subsector: Care management
Founders: Shameet Luhar, Philip Rub
Location: Columbia, MD
vheda.com
• Wellthie - Product marketing platform for health plans
Subsector: Navigating the healthcare system
Founders: Sally Poblete
Location: New York, NY
wellthie.com
StartUp Health Stats as of April 2014
~ Total Companies: 63
~ Total Raised to Date: $130 Million
~ Countries Represented: 7 (Brazil, Canada, India, Ireland, Israel, Spain, United States)
~ Physician/Practitioner Founders: 46%
~ Serial Entrepreneurs: 35%
~ Women Founders: 24%
~ Seed Accelerator Grads: 25%
~ Total Acquisitions: 3 (Arpeggi was acquired by Gene by Gene in 2013; Avado was acquired by WebMD in 2013; and BASIS Science was acquired by Intel in March of 2014)
About StartUp Health
Startup Health, a global startup platform accelerating innovation in health and wellness, represents a new model for helping entrepreneurs succeed in the health sector. StartUp Health is on a mission to inspire, educate, and help 1,000 health startups to reimagine and transform healthcare by 2020. The StartUp Health platform includes the StartUp Health Academy, the StartUp Health Network and a community of Healthcare Transformers. StartUp Health was founded by health tech entrepreneurs Steven Krein and Unity Stoakes and is chaired by former Time Warner CEO Jerry Levin. The organization’s investors include leading health, technology, and business minds, including Mark Cuban, Esther Dyson, Roger Ehrenberg, Brad Feld, Richard Forman, Jason Finger, Linda Holliday, Jon Kaplan, Howard Krein, MD, PhD, Jon Miller, Jeff Stewart and Wayne Kimmel. Learn more and apply at startuphealth.com and follow @startuphealth.
Michelle Peters, Sloane & Company, http://www.startuphealth.com, 212.446.1889, [email protected]
Share this article