DreamIt Health

DreamIt Health, established in 2008, is a Philadelphia-based venture capital firm and accelerator focused on early-stage healthcare and technology startups. It invests in digital health, medical devices, and diagnostics, with a preference for companies that have revenue or are ready to scale. DreamIt Health provides selected startups with seed funding, mentorship, office space, and access to potential investors and partners through its intense 3-6 month program. Since its inception, DreamIt Health has supported over 120 companies, including several successful exits and acquisitions.

Andrew Ackerman

Venture Partner

Drew Hunt

Director - Securetech

Elliot Levy

Senior Associate, Healthtech

Mehlam Shakir

Partner - Securetech

Mel Shakir

Partner - Securetech

Steven Welch

Co-Founder and Board Member

Past deals in Health Diagnostics

Keriton

Convertible Note in 2024
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.

RaySecur

Series A in 2024
RaySecur Inc., based in Cambridge, Massachusetts, develops advanced 3D package scanning and imaging devices designed to detect concealed threats, including powders, solids, liquids, and chemical, biological, radiological, and explosive materials. Founded in 2018, the company offers the MailSecur system, which utilizes innovative millimeter-wave technology to provide real-time imaging and threat detection that surpasses traditional X-ray systems. RaySecur’s portable and easy-to-use devices require minimal training for mail screening and can fit in small mailrooms without the need for secure screening areas. Their technology is capable of identifying tiny quantities of substances, making it suitable for use by Fortune 500 companies and government organizations worldwide, ensuring the safety of personnel and critical assets.

Keriton

Convertible Note in 2024
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.

RaySecur

Series A in 2021
RaySecur Inc., based in Cambridge, Massachusetts, develops advanced 3D package scanning and imaging devices designed to detect concealed threats, including powders, solids, liquids, and chemical, biological, radiological, and explosive materials. Founded in 2018, the company offers the MailSecur system, which utilizes innovative millimeter-wave technology to provide real-time imaging and threat detection that surpasses traditional X-ray systems. RaySecur’s portable and easy-to-use devices require minimal training for mail screening and can fit in small mailrooms without the need for secure screening areas. Their technology is capable of identifying tiny quantities of substances, making it suitable for use by Fortune 500 companies and government organizations worldwide, ensuring the safety of personnel and critical assets.

Stel Life

Pre Seed Round in 2021
Stel Life, Inc. is a healthcare technology company based in Philadelphia, Pennsylvania, founded in 2016. The company specializes in creating a gateway that seamlessly connects to various wireless vitals devices, particularly those approved by the FDA. Stel's innovative approach allows patients to connect with their care teams without the need for Wi-Fi, smartphones, or technical experience. By utilizing a Stel Node, patient data from health devices is passively and securely transmitted to the care team’s Electronic Health Records (EHR) or preferred platforms. This process ensures that Protected Health Information (PHI) remains secure while simplifying the workflow for healthcare providers. Stel Life aims to bridge the digital divide in healthcare by facilitating efficient communication and monitoring, ultimately enhancing patient care.

NeuroFlow

Series B in 2021
NeuroFlow, Inc. is a digital health company that develops a cloud-based platform designed to enhance access to behavioral health and engage patients throughout the continuum of mental healthcare. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides healthcare providers with tools for remote patient monitoring and integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform employs evidence-based practices to track, assess, and engage patients, promoting overall wellness and improving compliance with treatment. By utilizing patient-generated questionnaires and journaling, NeuroFlow enables individuals to monitor their mental health outcomes and achieve tangible progress. The company has established strategic partnerships with organizations like Smart Health Innovation Lab and Mental Health America to further its mission of improving mental health support and outcomes.

Care Advisors

Seed Round in 2020
CareAdvisors is a minority-owned technology company dedicated to enhancing healthcare equity in the United States. The company automates the manual enrollment process for healthcare and social service benefits, thereby facilitating rapid access for millions of individuals. By streamlining this process, CareAdvisors aids healthcare organizations in reducing uncompensated care costs and addressing delays in treatment and payments. The founding team, with over a decade of experience in building community resource directories, emphasizes a personalized approach to patient care, providing one-on-one assistance through trained health navigators. These navigators work to dismantle barriers to quality healthcare and are integral to the coverage-to-care model established by the Affordable Care Act. CareAdvisors also offers training programs designed to prepare future health professionals, focusing on cultural competencies and real-world applications of health informatics. Their innovative platform connects healthcare providers with patients while enhancing the capacity of care coordinators and social workers, ultimately aiming to improve community health outcomes.

Infermedica

Series A in 2020
Infermedica, a digital health company, specializes in AI-powered preliminary diagnosis and triage solutions for insurance companies, hospitals, and health systems. Using artificial intelligence and machine learning, the company assesses symptoms, identifies patterns, and provides safe, reliable recommendations verified by a team of physicians. With over 6 million users worldwide and partnerships with over 50 companies, Infermedica aims to improve customer performance, increase healthcare accessibility, and reduce costs. Their products are available in 17 languages, including in countries like China and the United Arab Emirates. The company, with a team of over 100 people, is expanding its market presence in the United States and Europe, driven by a recent $10.25M investment.

EnsoData

Series A in 2020
EnsoData is a healthcare technology startup that leverages artificial intelligence to enhance the diagnosis and treatment of sleep disorders. Its software employs advanced machine learning algorithms to analyze sleep data, enabling clinicians to efficiently score and diagnose conditions such as sleep apnea. By integrating best practices in scoring with innovative algorithms, EnsoData's platform automates the interpretation of complex sleep study data, significantly reducing review times for neurology labs. This efficiency not only streamlines the scoring process but also enhances patient outcomes and increases revenue for healthcare providers.

Asparia

Non Equity Assistance in 2020
Asparia, Inc. is a company that develops an embedded personalized patient engagement platform designed to enhance communication between electronic health records and patients. The platform automates two-way communication, enabling healthcare delivery organizations, such as health systems and physician practices, to interact effectively with patients. It provides appointment reminders and preventive care notifications by identifying patients who require screenings, tests, vaccinations, or follow-up care. Communication is facilitated through multilingual text messaging and interactive voice calls, improving patient adherence to appointments and preventive measures. Originally known as SimplifiMed, Inc., the company rebranded to Asparia, Inc. in September 2019 and was incorporated in the same year. Headquartered in Saratoga, California, Asparia aims to streamline patient engagement and enhance healthcare delivery.

Intellihealth

Non Equity Assistance in 2020
Intellihealth develops medical technology software to diagnose obesity-related diseases. The company's flagship product, Evolve, enables medical providers to offer effective medical obesity treatment to new and existing patients, both via telehealth and in person.

Stel Life

Non Equity Assistance in 2020
Stel Life, Inc. is a healthcare technology company based in Philadelphia, Pennsylvania, founded in 2016. The company specializes in creating a gateway that seamlessly connects to various wireless vitals devices, particularly those approved by the FDA. Stel's innovative approach allows patients to connect with their care teams without the need for Wi-Fi, smartphones, or technical experience. By utilizing a Stel Node, patient data from health devices is passively and securely transmitted to the care team’s Electronic Health Records (EHR) or preferred platforms. This process ensures that Protected Health Information (PHI) remains secure while simplifying the workflow for healthcare providers. Stel Life aims to bridge the digital divide in healthcare by facilitating efficient communication and monitoring, ultimately enhancing patient care.

NeuroFlow

Series A in 2019
NeuroFlow, Inc. is a digital health company that develops a cloud-based platform designed to enhance access to behavioral health and engage patients throughout the continuum of mental healthcare. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides healthcare providers with tools for remote patient monitoring and integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform employs evidence-based practices to track, assess, and engage patients, promoting overall wellness and improving compliance with treatment. By utilizing patient-generated questionnaires and journaling, NeuroFlow enables individuals to monitor their mental health outcomes and achieve tangible progress. The company has established strategic partnerships with organizations like Smart Health Innovation Lab and Mental Health America to further its mission of improving mental health support and outcomes.

RaySecur

Seed Round in 2019
RaySecur Inc., based in Cambridge, Massachusetts, develops advanced 3D package scanning and imaging devices designed to detect concealed threats, including powders, solids, liquids, and chemical, biological, radiological, and explosive materials. Founded in 2018, the company offers the MailSecur system, which utilizes innovative millimeter-wave technology to provide real-time imaging and threat detection that surpasses traditional X-ray systems. RaySecur’s portable and easy-to-use devices require minimal training for mail screening and can fit in small mailrooms without the need for secure screening areas. Their technology is capable of identifying tiny quantities of substances, making it suitable for use by Fortune 500 companies and government organizations worldwide, ensuring the safety of personnel and critical assets.

Curbside Health

Convertible Note in 2019
Curbside Health develops clinical decision support software that aligns health systems and clinicians to more efficiently deliver optimal care. The company was founded by physicians and technologists to combine the best of clinical evidence with the realities of healthcare delivery and with opportunities of modern web technology. We support health systems and hospitals to expand their clinical content library (e.g. clinical pathways, protocols, guidelines, A3s, checklists, etc) and enhance the utilization of these resources at the point-of-care. Together, the components of Curbside's platform enable a hospital to improve clinical outcomes and operational efficiencies. Product development is informed by working closely with patients, clinicians, engineers, physicians, healthcare administrators, and payors. Our mission is hiding in plain sight within our name, and those in healthcare will understand: every medical decision is informed in real-time by the world's expert of that particular situation, while simultaneously accounting for hospital policy and all relevant patient-specific data. Essentially, Curbside is on a never-ending quest to perfect medical decision making.

Infermedica

Seed Round in 2019
Infermedica, a digital health company, specializes in AI-powered preliminary diagnosis and triage solutions for insurance companies, hospitals, and health systems. Using artificial intelligence and machine learning, the company assesses symptoms, identifies patterns, and provides safe, reliable recommendations verified by a team of physicians. With over 6 million users worldwide and partnerships with over 50 companies, Infermedica aims to improve customer performance, increase healthcare accessibility, and reduce costs. Their products are available in 17 languages, including in countries like China and the United Arab Emirates. The company, with a team of over 100 people, is expanding its market presence in the United States and Europe, driven by a recent $10.25M investment.

SimpleTherapy

Non Equity Assistance in 2019
SimpleTherapy is a digital healthcare platform that provides an innovative approach to physical therapy through a combination of video-based exercise programs and artificial intelligence. Designed for individuals and employers alike, the platform offers convenient, physician-driven exercises aimed at alleviating musculoskeletal pain from the comfort of home, significantly reducing the associated costs. SimpleTherapy's services are accessible 24/7 without copays and do not require expensive equipment, making it an economical alternative to traditional physical therapy. The platform has garnered over 10,000 users globally, with a reported 72% experiencing significant pain reduction. Additionally, SimpleTherapy partners with major insurance payers and large corporations to help manage employee musculoskeletal health, ultimately contributing to substantial savings for businesses by keeping employees out of the healthcare system.

Karuna Labs

Seed Round in 2018
Karuna Labs Inc. specializes in developing digital therapeutics programs aimed at managing chronic pain. The company employs a unique approach that combines physical and cognitive retraining to address the complexities of pain. Its platform leverages targeted sensorimotor incongruences to deliver an integrated suite of services, including physical therapy, pain psychology, cognitive neuroscience, and functional restoration. This innovative method allows clinics, individuals, and research institutions to utilize virtual embodiment training as a means to treat chronic pain effectively. Through its offerings, Karuna Labs seeks to enhance pain management and rehabilitation outcomes for those suffering from persistent pain conditions.

Mymee

Non Equity Assistance in 2018
Mymee, Inc. is a New York-based company that specializes in remote care and support services for individuals with chronic rheumatic and neurological autoimmune diseases. Founded in 2011, Mymee has developed a software-as-a-service health coaching platform that identifies non-obvious triggers for symptoms through personalized analysis of users' daily lives. The platform focuses on dietary and environmental factors that may contribute to disease flares and creates tailored care plans to address these triggers. By combining expert health coaching with behavioral change strategies, Mymee aims to enhance the quality of life for its users. Clinical trials have shown that participants experience significant improvements in various health-related quality of life domains, including fatigue and pain. Through the support of certified health coaches, Mymee empowers individuals to take control of their health and adopt habits that may help reverse their symptoms.

Care Advisors

Non Equity Assistance in 2018
CareAdvisors is a minority-owned technology company dedicated to enhancing healthcare equity in the United States. The company automates the manual enrollment process for healthcare and social service benefits, thereby facilitating rapid access for millions of individuals. By streamlining this process, CareAdvisors aids healthcare organizations in reducing uncompensated care costs and addressing delays in treatment and payments. The founding team, with over a decade of experience in building community resource directories, emphasizes a personalized approach to patient care, providing one-on-one assistance through trained health navigators. These navigators work to dismantle barriers to quality healthcare and are integral to the coverage-to-care model established by the Affordable Care Act. CareAdvisors also offers training programs designed to prepare future health professionals, focusing on cultural competencies and real-world applications of health informatics. Their innovative platform connects healthcare providers with patients while enhancing the capacity of care coordinators and social workers, ultimately aiming to improve community health outcomes.

ImageMoverMD

Non Equity Assistance in 2018
ImageMoverMD is a medical imaging software company that integrates enterprise imaging and electronic health record systems. The company's innovative solutions employ an exclusive approach to securely connect photos, video, and outside medical images with the EHR, simplifying communication, and enhancing patient care. It transforms enterprise imaging to improve the quality and cost of care while optimizing patient and provider experience. ImagerMoverMD using web-native automation applications that integrate with both the EMR and the VNA/PACs systems, the ImageMover platform measurably improves efficiency, increases revenue capture, and drives HIPAA compliance across the entire care continuum. It also provides end-to-end imaging optimization for health systems.

iQuartic

Non Equity Assistance in 2018
iQuartic, Inc. develops cloud-based platforms aimed at enhancing data management within the healthcare industry. The company's technology facilitates electronic health record (EHR) and claims auditing, quality benchmarking, population health management, and risk profiling. Key offerings include the iQ EHR Network, which integrates disparate electronic medical record (EMR) systems; iQ EHR Auditing, which employs advanced analytics to identify inconsistencies in EHR and claims data; and iQ ACO Software, designed for accountable care organizations to gain insights into patient networks. Additional products include the EHR Data Auditor, which models patient behavior to identify under-reported cases, and the Diabetes Management Scorecard for assessing diabetes management across various EMRs. iQuartic also provides tools for chronic disease management, predicting hospital readmissions, and profiling clinicians. Established in 2012, the company operates from Boston, Massachusetts.

Infermedica

Non Equity Assistance in 2018
Infermedica, a digital health company, specializes in AI-powered preliminary diagnosis and triage solutions for insurance companies, hospitals, and health systems. Using artificial intelligence and machine learning, the company assesses symptoms, identifies patterns, and provides safe, reliable recommendations verified by a team of physicians. With over 6 million users worldwide and partnerships with over 50 companies, Infermedica aims to improve customer performance, increase healthcare accessibility, and reduce costs. Their products are available in 17 languages, including in countries like China and the United Arab Emirates. The company, with a team of over 100 people, is expanding its market presence in the United States and Europe, driven by a recent $10.25M investment.

Vitls

Non Equity Assistance in 2018
Vitls Inc., established in 2016 and headquartered in Houston, Texas, specializes in manufacturing innovative healthcare equipment. The company's flagship product, Vitls, is a wearable medical device designed to continuously monitor a patient's vital signs, including body temperature, pulse, heart rate variability, respiration rate, blood oxygen levels, and sleep patterns. The device seamlessly integrates with electronic health records (EHR) systems or the Vitls dashboard, providing real-time data, instant notifications, and trend analysis. Vitls' wearables are designed to be thin, flexible, waterproof, and disposable, resembling a smart band-aid worn on the chest. The platform aims to enable earlier detection of patient deterioration, reduce length of stay, lower treatment costs, and improve patient outcomes in hospitals.

Praos Health

Non Equity Assistance in 2018
Praos Health Inc. is a company that specializes in developing a cloud-based application aimed at enhancing healthcare staffing processes. Founded in 2016 and based in Austin, Texas, the platform allows healthcare organizations to efficiently hire nursing staff according to their specific needs. It features comprehensive management tools for license verification, credentialing, attendance tracking, performance reporting, and regulatory documentation. By streamlining the recruitment and credentialing process, Praos Health enables hospitals and medical institutions to optimize personnel costs and improve patient satisfaction. The application also supports a mobile-first approach, facilitating job searches for clinicians and improving communication between healthcare organizations and healthcare professionals.

Eko Health

Series A in 2018
Eko Health is a leading digital health company advancing how healthcare professionals detect and monitor heart and lung disease with its portfolio of digital stethoscopes, patient and provider software, and AI-powered analysis. Its FDA-cleared platform is used by hundreds of thousands of healthcare professionals worldwide, allowing them to detect earlier and with higher accuracy, diagnose with more confidence, manage treatment effectively, and ultimately give their patients the best care possible. Eko Health is headquartered in Emeryville, California, with over $125 million in funding from Highland Capital Partners, Questa Capital, Artis Ventures, DigiTx Partners, NTTVC, Morningside Technology Ventures Limited, Mayo Clinic, Sutter Health, and others. For more information visit www.ekohealth.com.

Tissue Analytics

Series A in 2018
Tissue Analytics, Inc. is a company that develops a mobile application designed to facilitate the measurement and analysis of chronic wounds, burns, and skin conditions. This innovative solution allows home health agencies, nursing homes, and medical practices to send patient photographs and perform wound analysis. The application automatically generates formatted patient reports and enables tracking of patient progress regarding their treatments. Additionally, it provides tools for remote patient evaluation and management, utilizing skin and wound analysis algorithms to measure, segment, and classify images. The platform ensures secure transport of protected health information from the patient's bedside to the provider's desktop. Established in 2014 and based in Baltimore, Maryland, Tissue Analytics operates as a subsidiary of Net Health Systems, Inc. The company has formed a strategic alliance with MolecuLight Inc. to further enhance its offerings.

Karuna Labs

Non Equity Assistance in 2017
Karuna Labs Inc. specializes in developing digital therapeutics programs aimed at managing chronic pain. The company employs a unique approach that combines physical and cognitive retraining to address the complexities of pain. Its platform leverages targeted sensorimotor incongruences to deliver an integrated suite of services, including physical therapy, pain psychology, cognitive neuroscience, and functional restoration. This innovative method allows clinics, individuals, and research institutions to utilize virtual embodiment training as a means to treat chronic pain effectively. Through its offerings, Karuna Labs seeks to enhance pain management and rehabilitation outcomes for those suffering from persistent pain conditions.

Mahmee

Non Equity Assistance in 2017
Mahmee is an integrated care delivery platform focused on improving maternal and infant health. The company aims to address the critical gaps in the U.S. healthcare system, which faces high maternity costs and mortality rates, particularly among Black mothers and infants. By building a digital infrastructure that connects patients, independent health professionals, and healthcare organizations, Mahmee enhances access to comprehensive prenatal and postpartum care. Its platform includes a care management system that links health records for mothers and babies, flags clinical risks, and facilitates collaboration among maternity and infant care practitioners. Additionally, Mahmee’s marketplace allows new and expecting parents to discover care providers and access services both in-person and virtually, thereby supporting better health outcomes for families.

Prescription Advisory Systems & Technology

Non Equity Assistance in 2017
Prescription Advisory Systems & Technology, Inc. is dedicated to enhancing the management of chronic pain and mitigating the risks associated with the abuse of controlled substances through its innovative software, PASTRx. Established in 2013 and based in Jenkintown, Pennsylvania, the company addresses the critical issue of prescription medication overdoses, which have become the leading cause of accidental death in the United States. PASTRx is designed to assist healthcare providers in identifying patients who can safely receive controlled substances while flagging those who may need more complex treatment options. The software integrates data from multiple sources, offering features such as patient risk assessment, auditability, and institutional oversight, all within a user-friendly interface. This comprehensive approach aims to protect both patients and healthcare providers, ensuring safer prescribing practices.

Haystack Informatics

Venture Round in 2017
Haystack Informatics, Inc. is a digital health company based in Philadelphia, Pennsylvania, focused on developing software that monitors patient privacy and insider threats for healthcare organizations. Founded in 2014 and spun out from the Children's Hospital of Philadelphia, the company offers solutions that can be deployed in the cloud or on premises. Its software leverages activity log data from electronic health record (EHR) systems to analyze interactions between healthcare staff and patients, identifying anomalous behavior that may indicate privacy breaches. By utilizing multiple detection engines, Haystack Informatics enables healthcare organizations to gain insights into staff conduct and optimize both EHR usage and operational efficiency. As of early 2019, Haystack operates as a subsidiary of Iatric Systems, Inc.

MedStack

Angel Round in 2017
MedStack, Inc. is a Canadian company based in Toronto that operates an end-to-end cloud developer platform specifically designed for healthcare applications. Founded in 2015, the platform provides developers with tools to address critical challenges in data privacy, security, and interoperability. MedStack offers a comprehensive solution that combines automated cloud data security with pre-written compliance policies aligned with industry standards such as HIPAA and ISO 27001. This approach reduces the time and cost of developing integrated, patient-centric healthcare applications by 60%. The platform has gained recognition for its effectiveness, being integrated by numerous digital health companies and endorsed by prestigious healthcare institutions like Cedars-Sinai and the NHS. Its capabilities include a standards-oriented cloud database and healthcare workflow building blocks that facilitate compliance and streamline system integration, enabling developers to build, launch, and scale compliant applications efficiently.

HueDx

Non Equity Assistance in 2017
HueDx is a developer of point-of-care diagnostic tests aimed at enhancing patient care. The company utilizes innovative paper- or wax-based microfluidics technology to deliver rapid, quantitative assay-based tests that provide quick results across a range of applications. By eliminating the need for physical devices and software, HueDx's platform streamlines the test development and launch process, making diagnostics more accessible and cost-effective. This approach not only improves transparency for clinicians but also facilitates immediate patient results, ultimately contributing to a more efficient healthcare delivery system.

Keriton

Seed Round in 2017
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.

SimpleTherapy

Angel Round in 2016
SimpleTherapy is a digital healthcare platform that provides an innovative approach to physical therapy through a combination of video-based exercise programs and artificial intelligence. Designed for individuals and employers alike, the platform offers convenient, physician-driven exercises aimed at alleviating musculoskeletal pain from the comfort of home, significantly reducing the associated costs. SimpleTherapy's services are accessible 24/7 without copays and do not require expensive equipment, making it an economical alternative to traditional physical therapy. The platform has garnered over 10,000 users globally, with a reported 72% experiencing significant pain reduction. Additionally, SimpleTherapy partners with major insurance payers and large corporations to help manage employee musculoskeletal health, ultimately contributing to substantial savings for businesses by keeping employees out of the healthcare system.

PhotoniCare

Seed Round in 2016
PhotoniCare, Inc. is a medical device company based in Champaign, Illinois, founded in 2013. The company specializes in developing innovative diagnostic tools for middle ear infections, notably the TOMi Scope. This handheld device employs advanced light-based technology, specifically near-infrared light waves, to create 3D images of the middle ear by seeing through the eardrum. This capability allows physicians to visualize the middle ear directly and safely, enabling them to assess its condition quickly and accurately. By determining the contents of the middle ear, clinicians can make informed decisions regarding the need for antibiotics or surgical interventions. PhotoniCare's technology not only addresses otology but also presents potential for growth in other medical fields.

Eko Health

Non Equity Assistance in 2016
Eko Health is a leading digital health company advancing how healthcare professionals detect and monitor heart and lung disease with its portfolio of digital stethoscopes, patient and provider software, and AI-powered analysis. Its FDA-cleared platform is used by hundreds of thousands of healthcare professionals worldwide, allowing them to detect earlier and with higher accuracy, diagnose with more confidence, manage treatment effectively, and ultimately give their patients the best care possible. Eko Health is headquartered in Emeryville, California, with over $125 million in funding from Highland Capital Partners, Questa Capital, Artis Ventures, DigiTx Partners, NTTVC, Morningside Technology Ventures Limited, Mayo Clinic, Sutter Health, and others. For more information visit www.ekohealth.com.

Wellth

Seed Round in 2016
Wellth is a digital health company based in New York that aims to enhance treatment adherence among individuals with chronic conditions. By leveraging behavioral economics, Wellth addresses the barriers that hinder patients from forming healthy habits and effectively managing their diseases. The company operates a mobile application that provides targeted incentive plans, reminders, and information to motivate users to engage in preventive health behaviors. Its platform not only empowers consumers to improve their adherence to medication and care plans but also helps reduce preventable hospitalizations and healthcare costs. Wellth's approach includes proven outcomes demonstrated through randomized controlled trials, making it a valuable solution for insurers and healthcare providers seeking to improve population health. Through its user-friendly application, Wellth supports members in establishing sustainable healthy habits while generating cost savings for payors.

Keriton

Venture Round in 2016
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.

Admetsys

Seed Round in 2016
Admetsys is a company focused on advancing diabetes management through its innovative artificial pancreas system designed for hospital and surgical environments. This system utilizes adaptive learning algorithms to balance insulin and glucose treatment effectively. It features a real-time diagnostic platform that employs a standard IV line to draw small blood samples at regular intervals for electrochemical glucose measurement, allowing for continuous monitoring and adjustment of blood glucose levels. The artificial pancreas has successfully completed three FDA-approved clinical trials, achieving a remarkable 97% control of glucose levels between 80–125 mg/dl while maintaining a zero incident rate of hypoglycemia. Admetsys aims to enhance metabolic control and reduce the challenges associated with diabetic care in clinical settings.

Neofluidics

Seed Round in 2016
Neofluidics, established in 2014 and based in Carlsbad, California, specializes in developing and commercializing innovative microfluidics tools and technology. The company's flagship product, NeoPlate, is a well plate that significantly reduces testing costs by utilizing nanoliter sample volumes, catering to high throughput screening, point of care testing, and research and development applications. Additionally, Neofluidics offers NeoVisc, a smartphone-based microfluidic viscometer for real-time measurement of physical properties in various industries. The company serves clients in North America and internationally, with a portfolio of two proprietary patents and five product lines, including applications in the petroleum and military sectors. Since its launch in 2015, Neofluidics has fulfilled orders for numerous clients, demonstrating its commitment to enhancing testing efficiency and quality.

CircleLink Health

Seed Round in 2016
CircleLink Health LLC specializes in patient engagement solutions, primarily focusing on chronic care management. The company offers its CarePlanManager, which aids patients with chronic conditions such as diabetes, HIV, and irritable bowel syndrome in adhering to their personalized care plans. This is achieved through a variety of communication channels, including mobile applications, messaging, and web portals. Additionally, CircleLink Health provides services like telephone nursing for chronic care management and behavioral health integration, allowing healthcare providers to enhance patient monitoring and earn Medicare reimbursements. The platform facilitates patient targeting and enrollment while integrating seamlessly with electronic health records, ensuring that healthcare professionals can maintain continuity in their systems. Founded in 2009 and headquartered in Stamford, Connecticut, CircleLink Health employs a team of registered nurses to deliver meaningful remote patient engagement on behalf of physicians.

MDBox

Seed Round in 2016
Reliant Immune Diagnostics is building a complete consumer-driven health platform that provides testing, diagnosing, and monitoring solutions. We accomplish this with a suite of diagnostic tests, AI / Machine Learning-driven diagnostic tools, and personal health data tracking. We are a team of experts specializing in scientific research, computer vision, and artificial intelligence. We are leveraging the latest innovations in biomedical engineering and machine learning to develop cutting-edge techniques and algorithms for in-home rapid tests, medical AI systems, and big data analytics. We are giving control and convenience to the consumer; every user with a mobile phone will be empowered to take charge of his or her own health care anywhere, anytime.

Suggestic

Seed Round in 2016
Suggestic, Inc. is a San Francisco-based company founded in 2014 that specializes in automated and personalized lifestyle and nutrition coaching. Its platform leverages proprietary artificial intelligence to create tailored diet plans that cater to users' individual goals, dietary preferences, and restrictions. The application facilitates precision eating by offering personalized meal plans, smart shopping lists, recipe suggestions, and restaurant recommendations. By encoding dietary programs as rulesets, Suggestic enables health-related organizations to efficiently build and deliver customized nutrition programs through white label solutions or direct API integration. The platform also supports data acquisition from users through assessments and lab tests, allowing it to provide relevant food recommendations that assist individuals in weight management, enhancing vitality, and preventing or reversing chronic diseases.

DNA Simple

Seed Round in 2016
DNAsimple allows patients or anyone to contribute to scientific studies and provides a much-needed service for genomics labs — the opportunity to order DNA samples from any demographic. Donors sign up on our database and we collect their health history; researchers bring their population requirements to us and we make the match and deliver the DNA samples, all for half the cost of creating and managing an in-house genomic sample bank.

Prevnos

Seed Round in 2016
Prevnos Inc. is a biotechnology company based in Union, New Jersey, specializing in preventive diagnostics, particularly in the cancer genetics and cytogenetics fields. Established in 2016, Prevnos develops innovative fluorescence in situ hybridization (FISH) assays for both clinical and research applications, providing over 90% efficiency in FISH testing and helping to lower the economic burden associated with these tests. The company also offers preventive cancer screening through its Hybrid Fusion FISH tests and has created the Prevnos Retina, an automated fluorescence microscope designed for optimal use in FISH dark rooms. Additionally, Prevnos is engaged in the development of digital pathology solutions, translational diagnostics, targeted therapeutics, and biomarkers, further advancing its contributions to the in vitro diagnostics sector.

Allevi

Seed Round in 2015
Allevi develops innovative tools for designing and engineering 3D tissues, focusing on bioprinting technology. The company offers desktop 3D bioprinters that allow users to create functional three-dimensional living tissues using various biomaterials and cell lines. Additionally, Allevi provides bioinks made from collagen and hyaluronic acid, which are available for purchase online. Their cloud-based platform, Bioprint Online, enables users to design complex structures, define materials, and monitor the printing process. Allevi's products serve a diverse clientele, including researchers in tissue engineering, regenerative medicine, and cell biology, as well as industrial and pharmaceutical companies for drug testing and development, and educators. Established in 2014 and based in Philadelphia, Pennsylvania, Allevi was formerly known as BioBots, Inc.

Dbaza Health

Seed Round in 2015
Dbaza Health operates a cloud-based, mobile-first digital medicine engagement platform designed to assist healthcare professionals and patients in managing chronic diseases, such as diabetes. The platform allows healthcare teams to create personalized experiences without the need for coding or IT expertise, facilitating the launch of engaging mobile applications with ease. By integrating chronic disease management with behavioral and learning sciences, Dbaza Health's platform provides digital therapies that help patients remain motivated and adhere to their treatment plans. This approach aims to reduce the costs associated with chronic disease management while promoting better health outcomes for patients.

GraphWear

Seed Round in 2015
GraphWear Technologies Inc. is a Philadelphia-based company that specializes in advanced nanotechnology for non-invasive health monitoring. Established in 2015, GraphWear develops a sensing platform that measures vital health indicators, such as glucose and lactic acid levels, from sweat and other bodily fluids. Its innovative patch sensors are designed for real-time monitoring and are particularly beneficial for athletes, enabling them to prevent dehydration and enhance performance. The company is pioneering a no-needle, no-blood approach to health monitoring, which aims to improve the management of chronic diseases like diabetes while also exploring potential applications for heart disease and cancer. Currently, GraphWear is conducting clinical trials to validate its glucose monitoring technology, emphasizing its commitment to providing accessible and accurate health information.

Tissue Analytics

Seed Round in 2015
Tissue Analytics, Inc. is a company that develops a mobile application designed to facilitate the measurement and analysis of chronic wounds, burns, and skin conditions. This innovative solution allows home health agencies, nursing homes, and medical practices to send patient photographs and perform wound analysis. The application automatically generates formatted patient reports and enables tracking of patient progress regarding their treatments. Additionally, it provides tools for remote patient evaluation and management, utilizing skin and wound analysis algorithms to measure, segment, and classify images. The platform ensures secure transport of protected health information from the patient's bedside to the provider's desktop. Established in 2014 and based in Baltimore, Maryland, Tissue Analytics operates as a subsidiary of Net Health Systems, Inc. The company has formed a strategic alliance with MolecuLight Inc. to further enhance its offerings.

Grand Round Table

Seed Round in 2015
Grand Round Table Inc. is a developer of clinical decision support tools aimed at enhancing diagnostic accuracy for healthcare providers. The company's flagship system, Grand Round Table, integrates with electronic health records to assist doctors in diagnosing patients by comparing their cases against a comprehensive database of deidentified health records, case reports, and evidence-based medical literature, including resources from the University of Pennsylvania. This technology enables physicians to access insights from previous cases, facilitating quicker and more informed treatment decisions for complex patients. By streamlining the decision-making process, Grand Round Table helps hospitals and clinics reduce unnecessary tests, ineffective treatments, and consultations, ultimately saving time and costs in patient care. Established in 2011, the company is headquartered in Philadelphia, Pennsylvania.

Lia

Pre Seed Round in 2015
LIA Diagnostics Inc. is a company based in Philadelphia, Pennsylvania, that specializes in developing innovative pregnancy test kits. Founded in 2015, the company focuses on addressing key issues associated with traditional pregnancy tests, specifically privacy, usability, and sustainability. LIA's test kits are made from eco-friendly materials, containing no plastic, and are designed to be foldable, flushable, and easy to carry. This design allows users to conduct tests discreetly and conveniently, while also minimizing confusion in test interpretation. By prioritizing sustainability and user experience, LIA Diagnostics aims to redefine the pregnancy testing process for women.

Avhana Health

Seed Round in 2014
Avhana Health Inc. is a provider of a clinical decision support platform designed to enhance healthcare provider workflows. Founded in 2014 and headquartered in Baltimore, Maryland, the company offers a software application that integrates directly with electronic health records (EHR). This platform simplifies the healthcare process by delivering the latest clinical guidelines, actionable recommendations, and performance metrics. It includes features such as a dashboard for pre-visit planning, patient-specific care recommendations, order suggestions that can be submitted directly to the EHR, and tools for tracking provider activity and performance. By focusing on value-based care enablement, Avhana Health aims to deliver impactful support to healthcare teams, ultimately improving quality of care and reducing healthcare costs.

Tissue Analytics

Pre Seed Round in 2014
Tissue Analytics, Inc. is a company that develops a mobile application designed to facilitate the measurement and analysis of chronic wounds, burns, and skin conditions. This innovative solution allows home health agencies, nursing homes, and medical practices to send patient photographs and perform wound analysis. The application automatically generates formatted patient reports and enables tracking of patient progress regarding their treatments. Additionally, it provides tools for remote patient evaluation and management, utilizing skin and wound analysis algorithms to measure, segment, and classify images. The platform ensures secure transport of protected health information from the patient's bedside to the provider's desktop. Established in 2014 and based in Baltimore, Maryland, Tissue Analytics operates as a subsidiary of Net Health Systems, Inc. The company has formed a strategic alliance with MolecuLight Inc. to further enhance its offerings.

TrueClaim

Pre Seed Round in 2014
TrueClaim is an online solution that enables patients to see their healthcare providers and also offer feedback regarding their medical consultations. The solution processes medical bills and uses patients’ answers to check for errors in them. TrueClaim is operated from Philadelphia, Pennsylvania.

Allevi

Pre Seed Round in 2014
Allevi develops innovative tools for designing and engineering 3D tissues, focusing on bioprinting technology. The company offers desktop 3D bioprinters that allow users to create functional three-dimensional living tissues using various biomaterials and cell lines. Additionally, Allevi provides bioinks made from collagen and hyaluronic acid, which are available for purchase online. Their cloud-based platform, Bioprint Online, enables users to design complex structures, define materials, and monitor the printing process. Allevi's products serve a diverse clientele, including researchers in tissue engineering, regenerative medicine, and cell biology, as well as industrial and pharmaceutical companies for drug testing and development, and educators. Established in 2014 and based in Philadelphia, Pennsylvania, Allevi was formerly known as BioBots, Inc.

Respi

Seed Round in 2014
Respi, Inc. is a company based in Baltimore, Maryland, focused on developing innovative health solutions for respiratory care. Incorporated in 2013, Respi offers a portable digital spirometer that connects to a mobile application, enabling users to monitor their respiratory health effectively. The device is designed for both healthcare professionals and individual users, providing support for medical decisions related to respiratory diseases and encouraging healthy lifestyle choices. Priced under $150, Respi's products aim to facilitate self-monitoring of respiratory conditions and optimize medication protocols for airway diseases. Through its technology, Respi promotes continuous engagement in health management, making respiratory data more accessible to users.

Avhana Health

Seed Round in 2014
Avhana Health Inc. is a provider of a clinical decision support platform designed to enhance healthcare provider workflows. Founded in 2014 and headquartered in Baltimore, Maryland, the company offers a software application that integrates directly with electronic health records (EHR). This platform simplifies the healthcare process by delivering the latest clinical guidelines, actionable recommendations, and performance metrics. It includes features such as a dashboard for pre-visit planning, patient-specific care recommendations, order suggestions that can be submitted directly to the EHR, and tools for tracking provider activity and performance. By focusing on value-based care enablement, Avhana Health aims to deliver impactful support to healthcare teams, ultimately improving quality of care and reducing healthcare costs.

Fitly

Seed Round in 2013
Fitly, Inc. develops a mobile web application and countertop device aimed at helping families and children plan, purchase, and prepare healthy meals. The SmartPlate App features food recognition technology, allowing users to choose from specific health goals or create custom plans. When paired with a countertop device, it offers precise image recognition, nutrient analysis, and meal tracking capabilities. The app also provides access to a comprehensive database of packaged and restaurant foods for convenient tracking, along with personalized tips and feedback. Additionally, the SmartPlate TopView device analyzes entire meals and offers guidance on healthy eating habits. Fitly's solutions address various health-related needs, including weight management, endurance, hydration, and portion control. Established in 2011 and headquartered in Philadelphia, Pennsylvania, Fitly is committed to enhancing human health and longevity through innovative nutritional technology.

Biomeme

Seed Round in 2013
Biomeme Inc., founded in 2012 and based in Philadelphia, Pennsylvania, offers an innovative platform for molecular DNA diagnostics and on-site disease tracking through a smartphone. The company's technology includes a real-time PCR thermocycler that connects to an iPhone, alongside a docking station and a mobile app for controlling the system and analyzing results. Biomeme provides targeted test kits that allow users to prepare samples and identify pathogens or diseases based on their specific DNA or RNA signatures. This end-to-end DNA testing solution enables mobile testing at the point-of-need across various sectors, including healthcare, agriculture, veterinary medicine, environmental monitoring, and education. By facilitating lab-grade molecular processes, Biomeme enhances real-time disease surveillance and diagnostics.

Grand Round Table

Seed Round in 2013
Grand Round Table Inc. is a developer of clinical decision support tools aimed at enhancing diagnostic accuracy for healthcare providers. The company's flagship system, Grand Round Table, integrates with electronic health records to assist doctors in diagnosing patients by comparing their cases against a comprehensive database of deidentified health records, case reports, and evidence-based medical literature, including resources from the University of Pennsylvania. This technology enables physicians to access insights from previous cases, facilitating quicker and more informed treatment decisions for complex patients. By streamlining the decision-making process, Grand Round Table helps hospitals and clinics reduce unnecessary tests, ineffective treatments, and consultations, ultimately saving time and costs in patient care. Established in 2011, the company is headquartered in Philadelphia, Pennsylvania.

Fitly

Seed Round in 2013
Fitly, Inc. develops a mobile web application and countertop device aimed at helping families and children plan, purchase, and prepare healthy meals. The SmartPlate App features food recognition technology, allowing users to choose from specific health goals or create custom plans. When paired with a countertop device, it offers precise image recognition, nutrient analysis, and meal tracking capabilities. The app also provides access to a comprehensive database of packaged and restaurant foods for convenient tracking, along with personalized tips and feedback. Additionally, the SmartPlate TopView device analyzes entire meals and offers guidance on healthy eating habits. Fitly's solutions address various health-related needs, including weight management, endurance, hydration, and portion control. Established in 2011 and headquartered in Philadelphia, Pennsylvania, Fitly is committed to enhancing human health and longevity through innovative nutritional technology.

SpeSo Health

Seed Round in 2013
SpeSo Health LLC is a Philadelphia-based company that operates an online analytics platform designed to connect patients with medical experts specializing in rare and complex diseases. The platform utilizes data and statistics to accurately measure expertise in these conditions, facilitating access to the best possible medical care. By linking patients to qualified experts and care centers, SpeSo Health helps individuals find appropriate treatments, clinical trials, and support for their specific health challenges. With over 25 million patients affected by rare and complex conditions in the United States, the company aims to streamline the process of accessing critical healthcare resources.
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