StartUp Health is growing rapidly, with 71 companies (three of which have been acquired) from seven countries and more than 35 cities.
Washington, DC (PRWEB) June 02, 2014
StartUp Health, a global startup platform accelerating innovation in health and wellness, today announced the addition of eight new companies to its portfolio, bringing the total to 71 companies. The announcement comes as StartUp Health is celebrating its third anniversary at Health Datapalooza in Washington, DC, which is where it launched with the mission of transforming healthcare by helping to build 1,000 digital health companies over the next 10 years.
As part of the annual Health Datapalooza conference, StartUp Health will host a StartUp Showcase, featuring a fireside chat with Steve Case, chairman and CEO of Revolution and co-founder of AOL, and presentations from 40 StartUp Health companies. The Showcase, sponsored by AstraZeneca, will be attended by hundreds of investors, institutions and individuals from across the healthcare industry, and underscores the conference’s goal of uniting healthcare innovators and highlighting effective uses of health data.
Three years ago, StartUp Health co-founders Steven Krein and Unity Stoakes set out to build a new model for helping entrepreneurs succeed in the health sector. Today, it’s growing rapidly, with 71 companies (three of which have been acquired) from seven countries and more than 35 cities. The program’s portfolio has raised more than $144 million, most recently with the announcement of an $8.5 Million Series A for StartUp Health company Aver Informatics led by Drive Capital and GE Ventures. Each quarter, StartUp Health convenes its companies for a Healthcare Transformer Summit, and invites industry leaders to spend time with the companies. Prominent venture capitalist Vinod Khosla will join this week.
The eight new StartUp Health companies share a goal of solving critical problems in healthcare and improving health and wellness. The new companies cover a wide range of sub-sectors, from big data and analytics to care navigation to telemedicine. They are also led by dynamic founding teams, including serial entrepreneurs who have taken companies public or sold companies to Apple, Texas Instruments and Accuweather.
The eight new StartUp Health companies include:
ABPathfinder - Predictive analytics for autism therapy
Subsector: Therapy management
Founders: Jeff Blackwood, Kelly Kerns
Location: Overland Park, KS
Accel Diagnostics - Manage your health - anytime, anywhere - with mobile-enabled blood diagnostic tests
Founder: Alberto Gandini, PhD, MBA
Location: Pittsburgh, PA
Conversa Health - Digital CheckupsTM platform: where patient engagement meets population health
Subsector: Patient relationship management
Founder: West Shell III, Phil Marshall, MD, MPH
Location: San Francisco, CA and Portland, OR
Cyclica - Optimizing pharma R&D with integrated big data
Subsector: Big data & analytics, biotech
Founder: Jason Mitakidis
Location: Toronto, Canada
LifeAssist - Wearable “On Star for Seniors”
Subsector: Sensors, 50Plus
Founders: Jean Anne Booth, Jon Guy, Brian Kircher
Location: Austin, TX
LuminaCare Solutions - Point-of-care solutions for antibiotics treatments
Subsector: Care navigation, pharmaceuticals
Founders: Stephen Chiricosta, David Howe, PhD
Location: Boston, MA
Medisprout - Secure, medically tailored video communication for healthcare providers
Founders: Randy Findley, Samant Virk, MD
Location: New York, NY
SnapDx - Clinical decision support and patient education tools
Subsector: Patient care management
Founders: Hisham Al-Shurafa, Rahul Mehta, MD, Aravind Ganesh, MD
Location: Calgary, Canada
StartUp Health Stats as of June 2014
Total Companies: 71
Total Raised to Date: $144 Million
Countries Represented: 7 (Brazil, Canada, India, Ireland, Israel, Spain, United States)
Physician/Practitioner Founders: 47%
Serial Entrepreneurs: 35%
Women Founders: 23%
Seed Accelerator Grads: 23%
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 over the next decade. 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/apply and follow @startuphealth.