Startupbootcamp Digital Health announces inaugural Miami cohort
Startupbootcamp, Europe’s largest family of innovation programs, on Monday announced the 10 teams that will join its Miami-based digital health accelerator. A diverse range of solutions – from pre-natal remote monitoring to Latin America’s largest telehealth provider – were selected.
“We are proud that our inaugural class includes a diversity of founders, product category, stage and geography. We focused our selection on later stage companies with real revenue and traction poised to scale across our network of healthcare customers. We are hopeful that Miami will soon become recognized as a global hub for healthcare innovation," said Christian Seale, founder and managing director of Startupbootcamp in Miami.
After reviewing close to 300 applications from over 40 countries, Startupbootcamp invited 15 digital health companies to attend Startupbootcamp’s Selection Days this past weekend. Over two days, the companies were evaluated by executives from the Nicklaus Children’s Hospital, University of Miami Health System, Jackson Health System, Memorial Healthcare System, Aetna, Abbvie, Univision, Microsoft, GE Healthcare and top-tier healthcare investors.
After the two-day selection process, the following program finalists were invited to form part of the 2016 cohort.
Post-seed:
Babyscripts (US) - The first mobile, clinical solution to seamlessly provide remote monitoring of an OB’s patient population in-between visits.
CareAngel (US) - Care Angel has developed ANGEL, the world's first Artificially Intelligent Caregiver providing device-free care management and telemonitoring via telephone.
Mediconecta (Venezuela/Miami) - The largest telehealth provider in Latin America. Currently operating in Mexico, Peru, Ecuador, Venezuela, Chile and expanding to the US. [Read more here.]
QoC Health (Canada) - QoC Health helps health organizations take their digital health ideas to scale / commercialization with its patient-centered technology platform.
TruClinic (US) - A modular cloud-based telemedicine platform that combines video collaboration with clinical workflow management solutions to help healthcare providers better serve their patients.
VoiceITT (Israel) - A voice-translation technology platform for people with speech disability; compiling a propriertary sound bank of unintelligible speech for research purposes.
Pre-seed:
Aces Health (US) - The first end-to-end clinical trial management app for patients and researchers.
Overl.ai (US) - A healthcare automation intelligence company that makes it easy for providers to control the apps and web services they use to deliver care and communicate with patients.
Keep Livin (US) - A patient engagement platform with a mission to eradicate health disparities that adversely impact racial/ethnic communities.
LineHealth (Portugal) - A hardware company helping you to take the right pill at the right time, leading to a longer and healthier life.
The 10 companies have raised $13.85 million and are valued at over $48 million collectively.
Startupbootcamp is also welcoming two Entrepreneurs-in-Residence: Carevoyance of Miami, a data analytics platform that helps medical device companies expand their market, and Personomics, a healthcare company founded by Jordan Kavana to revolutionize consumer-driven wellness by providing health, diet, beauty and lifestyle solutions based on your DNA.
The selected companies are provided with seed funding, matched with an international network of healthcare customers to accelerate sales and given access to a network of top-tier venture investors to raise seed-Series A financing to scale their business. The accelerator program will begin Sept. 6 and culminate with a Demo Day on Dec. 1.
Startupbootcamp launched in Miami late 2015 with $2 million in Knight Foundation support and a diverse group of founding partners including Microsoft’s BizSpark Program; Miro Ventures LLC; Nicklaus Children’s Hospital; Univision; Maurice R. Ferré, executive chairman of Insightec and co-founder of MAKO Surgical; Jaret Davis, co-managing shareholder of Greenberg Traurig; and Michael Simkins, president and CEO of Innovate Development Group leading the Miami Innovation District project.
“By focusing on health, [Startupbootcamp] is really building out the ecosystem for innovation," said Dr. Narendra Kini, CEO at Nicklaus Children’s Hospital. "We hope to see the next major healthcare players originate in Miami.”
The program offers startups access a mentor and alumni network from across the globe and partnerships with leading hospital systems, insurers and investors to accelerate and scale their businesses. The program also aims to focus its companies on the eradication of healthcare disparities.
"We look forward to seeing how the program’s model, previously successful in Europe, will bring new energy and talent to Miami’s innovation ecosystem and provide a fresh avenue for startups to grow and thrive in our city,” said Matt Haggman, program director for Miami at the John S. and James L. Knight Foundation.
Startupbootcamp programs are currently active in 13 other cities across the US, Europe and Asia, with other cities and vertical programs to soon be announced.