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Life365
Location: 80 E Rio Salado Pkwy, Tempe, Arizona, United States United States
Founded in: 2015
Stage: Pre-launch
Number of employees: 6-15
Funding history:
- Date: 09/2016, Seed: $1.5 M (post valuation: undisclosed amount).
Short URL: vator.co/life365
Followers (8)
Awards and mentions
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IEEE Phoenix recently awarded Life365 the 2017 Startup of the Year award.
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The state’s top science and technology innovators are honored each year at the Arizona Governor’s Celebration of Innovation Awards. The Arizona Technology Council, Arizona Commerce Authority and Avnet Inc. collaborated to award large and small companies, educators, students and legislators who champion technology.
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Life365

Connected. Engaged, Everyday.
Startup/business
Tempe, Arizona, United States United States
http://life365inc.com/
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Company description

Life365 is a Digital Health as a Service (DHaaS) platform. The solution integrates devices, systems, applications, education and incentives to align with specific user needs, utilizing Life365’s proprietary Personalyze™ Engagement Analytics Engine. Life365’s highly scaleable platform approach unites disparate solutions to align the right technology and engagement with the right user to cost-effectively reach more patients.



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Team
  • Randolph Strength
    Randolph Strength | Founder
    An experienced Creative Director with 20+ years developing successful visual design and communication experiences for global brands to start-ups. Award winning. Proven creative strategist.
  • Eric Vandewater
    Eric Vandewater | Founder
    Eric Vandewater has 20 years of experience in software management, including 13+ years as a very hands-on CTO for various startup to mid-size companies.
  • Kent Dicks
    Kent Dicks | Founder
    Kent Dicks is a successful serial entrepreneur and healthcare executive with 30 years of experience providing dynamic and strategic leadership in new and emerging markets.
  • Kendall Hill
    Kendall Hill | Team member
    I have worked in MarComm the past 5 years. I have worked for healthtech companies in remote patient monitoring as well as clinical decision support tools and now the first digital health as a service platform, Life365.
Business model

Per member per month model to connect patients from their home to their professional care providers. Fee from hardware sales, fee for services including customer support, logistic handling, use of our solution alignment software that aligns digital health devices and solutions to patient populations, and engagement analytic reports. 

 

Competitive advantage

1. Team

 

The Life365 team previously sold their remote patient monitoring company, MedApps, for 30x revenue to a 3bn rapid diagnostic company in 2012. They know the industry well are subject matter experts in mHealth & remote patient monitoring. 

http://www.mobihealthnews.com/18236/alere-acquires-medapps-for-home-health-monitoring 

 

2. Process

 

Life365 utilizes Intelligence to stratify patients, Aligns technology to patients to maximize ROI and increase program retention, and handles logistics to offer a more complete and flexible way to deliver and consume healthcare that does not exist on the market today.

 

3. Partnerships

 

Currently has a strategic partnership with Inova Healthcare - a large healthcare system, in client discussions with large payer and population health company.

 

4. Intellectual Property

 

Patent pending platform & device firmware.