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We’ve got some big news to share!

Today we announced that 16 new companies were selected to join the StartUp Health Academy! Our newest group of “Healthcare Transformers” hail from all over the U.S. and across the globe, including from India, Ireland and Canada. There are now 63 companies in the StartUp Health family, spanning seven countries and more than 30 cities.

Learn about the 16 new companies below...

Also, we’re delighted to announce 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.” We are thrilled that he will be an active startup coach and global innovation scout.

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With 16 New Companies, StartUp Health Spans
7 Countries and More Than 30 Cities

 

BASIS Science Founder Nadeem Kassam Joins StartUp Health 
as First ‘Healthcare Transformer in Residence’

New York, NY - April 8, 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: Rare diseases
    Founders: Greg Cohen, Manu Kodiyan, Sanjay Raghu
    Location: San Francisco, CA
    www.altheahealth.com

  • CarePredict - Wearable sensor for senior care
    Subsector: Sensors
    Founders: Satish Movva, Krishnatej Vedala, PhD
    Location: Fort Lauderdale, FL
    www.carepredict.com

  • Health123 - Salesforce for wellness management
    Subsector: Wellness platform
    Founders: Rachel Lanham, Rebecca Norlander
    Location: Seattle, WA
    www.health123.com

  • Hindsait - Cognitive analytics for patient risk assessment
    Subsector: Big data analytics
    Founders: Pinaki Dasgupta, Adrish Sannyasi
    Location: Englewood, NJ
    www.hindsait.com

  • Inbox Health - Patient billing, payments and analytics
    Subsector: Navigating the healthcare system
    Founders: Blake Walker, Spencer Ewald, Simon Kaluza
    Location: Bridgeport, CT
    www.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
    www.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
    www.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
    www.phm-health.com

  • Pocket Anatomy - Visual patient education software
    Subsector: Ed tech  
    Founders: Mark Campbell, Thomas King
    Location: Galway, Ireland
    www.pocketanatomy.com

  • Punctil - Punctuality solutions for healthcare
    Subsector: Care management
    Founders: Ben Picard, Denis Abrams, PhD
    Location: New York, NY
    www.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
    www.rxrevu.com

  • Shift Health - Bringing the patient voice into clinical care
    Subsector: Low literacy healthcare communication
    Founders: Sandy Whitehouse, MD, Daniel Penn
    Location: Toronto, Canada
    www.shifthealth.ca

  • SmartRx - Healthcare CRM platform
    Subsector: Patient Engagement, Patient Relationship Management
    Founders: Anil Kumar, Vishesh Rohatgi, MD, Vijayakumar Kannan
    Location: Bangalore, India
    www.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
    www.tutegenomics.com

  • Vheda Health - Personalized mobile disease management & analytics
    Subsector: Care management
    Founders: Shameet Luhar, Philip Rub
    Location: Columbia, MD
    www.vheda.com

  • Wellthie - Product marketing platform for health plans
    Subsector: Navigating the healthcare system
    Founders:  Sally Poblete
    Location: New York, NY
    www.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.
Copyright © 2014 StartUp Health, All rights reserved.


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