MassChallenge

MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.

Cait Brumme

Acting CEO

Cait Brumme

Managing Partner

Siobhan Dullea

CEO

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Philadelphia, PA

Ostiio

Non Equity Assistance in 2021
Ostiio develops a novel approach to correct skeletal deformities and deficiencies. It is developing a novel distractor that can be fully buried under the patient's skin, and expanded wirelessly and with precision. It is utilizing a fully implantable, magnetically driven, bony distraction device. Ostiio is a Penn Center for Innovation company.

Strados Labs

Non Equity Assistance in 2021
Strados Labs, LLC is a medical technology company based in Philadelphia, Pennsylvania, that focuses on innovating respiratory health management through advanced biosensors and artificial intelligence. Founded in 2016, Strados Labs develops a wearable device that provides real-time insights into respiratory metrics such as breathing speed, sounds, and patterns. This device is equipped with a continuous breathing sensor that enables remote monitoring of patients with respiratory conditions like asthma and chronic obstructive pulmonary disease. By connecting the device to a mobile application, patients and healthcare providers can access critical respiratory data, facilitating informed decision-making and improved management of respiratory health.

TREND Community

Non Equity Assistance in 2020
Developer of a healthcare networking community platform designed to improve the quality of life for those living with rare and chronic diseases. The company's platform specializes in using an analytics engine that extracts meaningful information from patient and caregiver stories, journals, discussions, polls, and surveys to create health initiatives using those insights gained from participant-contributed real-world data to collectively evaluate the effectiveness of specific therapies, diets, enabling patients suffering from chronic diseases to share their stories and received medical advice.

Strados Labs

Non Equity Assistance in 2020
Strados Labs, LLC is a medical technology company based in Philadelphia, Pennsylvania, that focuses on innovating respiratory health management through advanced biosensors and artificial intelligence. Founded in 2016, Strados Labs develops a wearable device that provides real-time insights into respiratory metrics such as breathing speed, sounds, and patterns. This device is equipped with a continuous breathing sensor that enables remote monitoring of patients with respiratory conditions like asthma and chronic obstructive pulmonary disease. By connecting the device to a mobile application, patients and healthcare providers can access critical respiratory data, facilitating informed decision-making and improved management of respiratory health.

Virtual Internships

Non Equity Assistance in 2020
Virtual Internship Partners provide remote internships that develop 21st Century professional skills, including the use of digital technology and online platforms, that make students more employable and career-ready.

MD Ally

Non Equity Assistance in 2019
MD Ally, Inc. is a telemedicine platform focused on enhancing emergency medical services (EMS) through innovative triage solutions. Established in 2020 and headquartered in Philadelphia, Pennsylvania, the company aims to bridge non-emergency care gaps by integrating telemedicine into emergency dispatch processes. This allows EMS personnel to effectively triage patients with non-life-threatening conditions, directing them to virtual medical and behavioral healthcare professionals, as well as follow-up care and social services. MD Ally's platform is designed collaboratively by EMS and emergency room practitioners, making it user-friendly for public safety entities. By providing this technology, MD Ally seeks to improve patient outcomes, reduce response times, and optimize the use of emergency resources, ultimately contributing to better overall healthcare delivery.

Fitly

Grant in 2018
Fitly, Inc. is a Philadelphia-based company that develops a mobile web application and a countertop device aimed at helping families and children plan, purchase, and prepare healthy meals. The core product, SmartPlate, utilizes advanced food recognition technology to provide users with personalized meal plans based on specific health goals. By pairing the SmartPlate app with a countertop device, users can achieve precise image recognition and nutrient tracking, accessing a comprehensive database of food items for easy tracking. SmartPlate offers personalized guidance on various health aspects, including weight management, energy levels, portion control, and dietary needs. The device is designed to improve the efficiency of meal tracking significantly, aiming to enhance accountability for users managing their diets, whether for weight loss, athletic performance, or chronic illness management. Incorporating advanced object recognition and load sensors, SmartPlate delivers accurate meal analysis, positioning itself as an innovative alternative to traditional calorie-counting methods.

TREND Community

Non Equity Assistance in 2018
Developer of a healthcare networking community platform designed to improve the quality of life for those living with rare and chronic diseases. The company's platform specializes in using an analytics engine that extracts meaningful information from patient and caregiver stories, journals, discussions, polls, and surveys to create health initiatives using those insights gained from participant-contributed real-world data to collectively evaluate the effectiveness of specific therapies, diets, enabling patients suffering from chronic diseases to share their stories and received medical advice.

Orai

Grant in 2017
Orai is a company based in Philadelphia, Pennsylvania, founded in 2016, that specializes in a public speaking application utilizing artificial intelligence. The application offers users instant feedback on their speech, along with guided lessons to enhance public speaking skills. Orai serves enterprises by providing a scalable and cost-effective solution for communication and soft skill training. With over 300,000 users on its iOS and Android platforms, the app has delivered AI-driven feedback on more than 2 million recordings, helping individuals become more effective and confident communicators.

RistCall

Grant in 2017
RistCall is a developer of wearable technology aimed at enhancing patient safety and satisfaction in hospitals and senior care communities. By updating traditional call bell systems, RistCall's smartwatch devices facilitate improved communication between patients and nursing staff. This innovation not only helps to reduce the incidence of patient falls but also aims to enhance patient satisfaction scores, such as HCAHPS. Through its focus on wearable technology, RistCall addresses critical needs in healthcare settings, ultimately striving to create a safer and more responsive environment for patients.

NeedsList

Grant in 2017
NeedsList PBC operates a digital platform designed to connect individual and corporate donors with non-governmental organizations (NGOs) to facilitate humanitarian aid. Established in 2016 and based in Philadelphia, Pennsylvania, the platform focuses on assisting refugees, supporting local economies, and promoting grassroots innovations. It partners with local aid organizations to identify urgent needs and utilizes local suppliers for quick and sustainable delivery of food, transportation, and essential supplies. Users can engage with the platform by donating cash, purchasing products, or volunteering. NeedsList emphasizes transparency and efficiency in its operations, providing real-time impact metrics to help partner organizations monitor their activities and outcomes. The company generates revenue through commissions from affiliate suppliers and enterprise users of its platform.

Parkloco

Grant in 2016
Parkloco Inc. develops and operates a cloud-based analytics software that provides real-time analytic-based data for the parking industry. Its platform shares the data with existing parking applications and navigation systems to establish a communication channel between parking lots and drivers. The company’s solution is available in Boston, Providence, and Philadelphia cities. Parkloco Inc. was incorporated in 2014 and is based in Boston, Massachusetts.

Citybot

Seed Round in 2012
Citybot Inc. is a San Diego-based company that offers a mobile application designed for both tourists and locals to create self-guided tours and itineraries. Since its incorporation in 2011, the company has expanded its services to major cities across the United States, including Austin, Boston, Chicago, Dallas, Houston, Los Angeles, Miami, New York, New Orleans, Philadelphia, Portland, San Diego, San Francisco, Seattle, and Washington. The app aims to enhance the exploration experience by allowing users to customize their travel plans according to their interests and preferences.
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