Quantum Medical Concepts

Quantum Medical Concepts is a partnership of the Michigan State Medical Society and Common Wealth Enterprises. Through this partnership Quantum provides early-stage investment funding to Michigan companies in the medical sector. Their business model is unique—in addition to investing between $50,000 and $150,000 in startup funding, They provide access to more than 15,000 medical professionals and active management support for Their portfolio companies. This allows us to quickly identify and support products and companies that have a high likelihood of success. Through Their proven startup management process and commitment to being forward-thinking, energetic, and dedicated, Quantum portfolio companies have a clear advantage.

Alexander Shaevitz

President

6 past transactions

The Patient Company

Seed Round in 2021
The Patient Company, LLC, founded in 2019 by Andrew Heuerman and based in Grand Rapids, Michigan, specializes in the development and production of SimPull, an automated lateral patient transfer device. This innovative product aims to enhance the efficiency and safety of patient transfers by protecting clinicians from potential injuries, significantly reducing the time required for transfers, and eliminating waste associated with disposable components used by alternative devices. Through its focus on improving healthcare processes, The Patient Company addresses key concerns in clinical settings, contributing to better patient care and operational efficiency.

Alerje

Seed Round in 2020
Alerje, Inc. is a healthcare technology company based in Detroit, Michigan, that focuses on enhancing the quality of life for individuals with food allergies. Founded in 2015, the company has developed an innovative epinephrine auto-injector designed to fit into a smartphone case. This device is complemented by a mobile application that provides location and information alerts to a user’s designated CareCircle, which can include emergency services, family, friends, caregivers, and medical professionals. By integrating Internet of Medical Things (IoMT) with a digital health approach, Alerje aims to improve the management of food allergies through accessible and immediate support.

SteriDev

Pre Seed Round in 2019
SteriDev offers an advanced solution that will allow surgeons to safely use mobile devices in the surgical field. It develops sterile covers for mobile devices designed to keep surgical environments protected from mobile device contaminants. Its cases developed from established operating room techniques and novel technologies use a single-use sleeve through which the device is passed, enabling doctors to use their mobile phones to capture media during various medical procedures which can then be used for education without the risk of contaminating the operation theatre and infecting the patients. The company was founded in 2015 and is based in Lansing, Michigan.

Brio Device

Pre Seed Round in 2015
Brio Device, LLC, a medical device company, develops and sells airway management devices for endotracheal tube placement. The company manufactures INT Navigator, a device which assist users in maneuvering the endotracheal tube through the mouth, throat, and airway during intubation to improve patient outcomes and elevate the success rates for clinicians who conduct the life-saving procedure of intubation. It has strategic partnership with Summit Medical Products, Inc. The company was founded in 2011 and is based in Ann Arbor, Michigan.

TheraB Medical

Pre Seed Round in 2015
TheraB Medical Products, Inc. is focused on developing innovative solutions for the treatment of infant jaundice. The company offers SnugLit, a portable phototherapy blanket that combines blue light therapy with a wearable swaddle design, allowing for effective treatment while promoting maternal-infant bonding and facilitating breastfeeding. This battery-powered garment can be used in both hospital and home settings, providing flexibility and reducing the stress often associated with jaundice treatment for mothers and their infants. Founded in 2014 and based in East Lansing, Michigan, TheraB Medical aims to enhance the care experience for families dealing with this common neonatal condition.