Healthcare in politics, week 11Read more...
Congratulations to our runner up: Blumio!
The ballots are in! They have all been counted and recounted, and we have a winner for this year's Vator Splash Health, Wellness & Wearables 2017.
Hubert Zajicek of Health Wildcatters, and one of the sponsors and judges of the competition, announced the winner late Thursday. Upon opening the envelope, he said, "And the winner is... La La Land!!!!"
Good one Hubert!
Err... Sorry, we mean Iris Plans!
Iris Plans delivers Advance Care Planning (ACP) services via telehealth to people facing serious illness. Our ACP solution significantly reduces unnecessary care, a $210B problem that creates waste and human suffering. The Iris Plans platform allows our healthcare professionals to meet by video/phone with patients and their families. The platform also customizes the ACP process to the patient’s medical conditions and unique circumstances, ultimately producing official healthcare directives and a plan to guide major healthcare decisions.
It is reaching 110 physicians who oversee 200000 patients. The company has already served 500 patients. It has raised $1 million from Better Ventures and angels.
We also want to say congratulations to our People's Choice winner: Blumio!
Blumio is targeting people who are hypertensive or who are at risk of developing hypertension. Benefits abound when continuous blood pressure monitoring is employed in the management of hypertension, as it gives insights into how blood pressure is responding to medication, exercise, and diet. Blumio will empower patients with the feedback they need to understand what works for them as an individual and implement change.
And a big thank you to all of our other finalists who presented today
Multisensor Diagnostics’ rapid medical assessment (RMA) and AI- powered triage system is a powerful, convenient, cost- effective solution that helps improve access, increase adherence, avoid readmissions, detect early symptoms, and ultimately empower consumers.
Its RMA device, MouthLab, rapidly measures respiratory-rate, pulse-rate, electrocardiogram, SpO2, temperature, blood pressure, and lung functions, through the mouth, in less than a minute. The company's software supports seamless connectivity with providers, payers, patients, and caregivers, and unifies all aspects of patients’ health in a single place.
Catalia Health is a patient care management company that provides an effective, scalable, AI-powered patient engagement platform for individuals managing chronic disease or taking medications on an ongoing basis. The company combines the efficacy of conversations tailored to individual patients with the cost efficiency of scalable technology. By combining proprietary artificial intelligence algorithms for generating conversations with the patented advantage of social robots,
The company has raised $1.35 million from Khosla Ventures.
Amicomed is the first fully digital platform for Blood Pressure (BP) management combining innovative remote monitoring and lifestyle intervention. Amicomed leverages proprietary algorithms to provide tangible outcomes through innovative management of chronic diseases. The platform supports physicians with remote monitoring tools enhanced by vitals pattern analysis, and actionable, consumer-grade designed, personalized lifestyle intervention for their patients. The platform has been designed to manage all main cardiovascular conditions; BP is the first.
Through the platform, Care providers pay $33 per month, or $150 for three months. In three months, Amicomed believes it can reduce blood pressure.
Orphidia is a healthcare startup reinventing the laboratory blood diagnostics landscape by developing a marketplace platform for on- demand lab tests. It is developing a portable, blood diagnostic platform which performs lab-quality blood tests providing results for 40 different biomarkers in 20 minutes anywhere.
Invivox solves a global healthcare challenge: Continuous Training of Physicians. Invivox is a global medical platform that connects medical experts and practitioners in view of offering on-site (inside the operating room), one-to-one practical training sessions alongside experts. Invivox reinvents medical mentoring, which is the basis of the transmission of knowledge between physicians. Practically speaking, medical experts open their OR to other surgeons from around the world who travel to attend live training on-site.
Launched in September 2016, it has generated $300,000 in revenue to-date. It is approaching 1,000 trainers, and has connected 300 students. The company also raised $1.3 million.
GYANT is a health assistant that leads patients from their symptoms to the likely condition and the next steps by asking questions and learning from the answers, like a doctor would do - but through AI. Its first product is a checker for the Zika virus that had close to 300k users since its launch end of August.
The company is seeing 60,000 to 70,000 users a month and is adding 30,000 a month.
The winning company, and the runner up, gets about $25,000 of in-kind prizes, a video of their presentation; a bottle of Bread and Butter wine, more TBD; plus sit-down meetings with at least 10 health tech VCs, including Maveron, Canaan Partners, Subtraction Capital, XFund, Kleiner Perkins, Efficient Capacity and more. They also get a round-trip flight on Surf Air.
Since Vator began its startup competitions more than 5 years ago, it has put 165 startups on stage. Since then, they've collectively raised nearly $400 million in follow-on capital.Past Vator winners have gone on to raise $100 million in follow-on capital. Among them are RelayRides, Udemy, Thumbtack, Getable, PokitDok, DogVacay, and Traxo, to name a few. We look forward to watching the progress of the next 10 we put on stage.
Our judges include: Ryan Howard (Founder, iBeat and Practice Fusion; Angel investor); Risa Stack (General Manager, GE Ventures); Emily Melton (Partner, DFJ Venture); Paul Willard (Partner, Subtraction Capital); Hubert Zajicek (CEO, Health Wildcatters); Lyon Wong (Co-Founder & General Partner, Spectrum 28); Lynne Chou (Partner, Kleiner Perkins); Erin Flynn (Managing Director, Vator Investment Club); Nico Arcino (Digital Health Strategies, Kaiser Permanente); David Wu (General Partner, Maveron)
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