DreamIt Health

DreamIt Health is an accelerator program based in Philadelphia, focused on fostering growth in digital health, medical device, and diagnostics startups. Established in 2008, it aims to assist companies that have already entered the market and have achieved revenue or pilot status. The program connects founders with key stakeholders, including payers, providers, and pharmaceutical companies, facilitating opportunities for partnerships and customer engagement. Participants benefit from a structured 3-6 month program that includes seed funding, mentorship, office space, and access to a wide network of investors and industry experts. DreamIt Health is part of DreamIt Ventures, which has successfully accelerated over 320 startups since its inception, helping them secure more than $800 million in follow-on funding.

Andrew Ackerman

Venture Partner

Larry Brownstein

Investor

Karen Griffith Gryga

Co-Founder

Larry Hollander

Partner

Drew Hunt

Associate

Elliot Levy

Senior Associate

Elliot Menschik

Co-Founder

Joseph Novogrodsky

Senior Associate

Darren Sandberg

Managing Partner

Mehlam Shakir

Partner - Securetech

Ray Walheim

Investor

Steven D. Welch

Investor

Past deals in Infants

Mahmee

Non Equity Assistance in 2017
Mahmee is a care management platform focused on enhancing maternal and child healthcare. The company aims to bridge critical gaps in maternal health by connecting patients with healthcare providers through a comprehensive system that integrates health records for mothers and infants. This platform identifies clinical risks and facilitates collaboration among maternity and infant care practitioners, ensuring that physicians and specialists can share care plans effectively. Founded on the principle that every woman deserves compassionate and respectful support during new motherhood, Mahmee strives to provide ongoing professional assistance to mothers, enabling them to thrive in their parenting journey while promoting the healthy development of their infants in the first year of life.

Keriton

Seed Round in 2017
Keriton LLC specializes in a pumped breast milk management system tailored for neonatal intensive care units (NICUs). Founded in 2016 and based in Philadelphia, Pennsylvania, the company addresses the challenges of breast milk management, which is often manual and error-prone. Its platform allows for real-time tracking of milk inventory, feeding orders, and provides notifications for expiry dates and misfeeds. Additionally, it enables nurses to share media with mothers and offers insights into lactating mothers' milk production patterns. By automating and validating the breast milk management process, Keriton significantly reduces the time nurses spend on these tasks, lowers the risk of errors, and creates an audit trail for compliance. The system aims to enhance the pumping experience for mothers, which is linked to better clinical outcomes for infants. Keriton's approach aligns with the goals of improving patient outcomes, reducing costs, and fostering better family engagement, presenting a potential return on investment for hospitals.

Lilu

Venture Round in 2016
Lilu Inc. is a women's health company based in New York, founded in 2016. The company specializes in developing innovative devices to support new mothers, with a focus on making breastfeeding more efficient and manageable. Its flagship product, the Lilu massage bra, is an FDA Class I device that utilizes patented pneumatic massage technology to replicate a baby's natural sucking motions, thereby increasing milk output and reducing discomfort during the pumping process. This automated compression bra not only addresses common challenges faced by breastfeeding mothers but also integrates seamlessly into modern lifestyles, allowing users to pump, track, and manage their milk supply more effectively. Lilu sells its products online, receiving positive feedback from customers who describe the bra as a lifesaver for breastfeeding.

Keriton

Venture Round in 2016
Keriton LLC specializes in a pumped breast milk management system tailored for neonatal intensive care units (NICUs). Founded in 2016 and based in Philadelphia, Pennsylvania, the company addresses the challenges of breast milk management, which is often manual and error-prone. Its platform allows for real-time tracking of milk inventory, feeding orders, and provides notifications for expiry dates and misfeeds. Additionally, it enables nurses to share media with mothers and offers insights into lactating mothers' milk production patterns. By automating and validating the breast milk management process, Keriton significantly reduces the time nurses spend on these tasks, lowers the risk of errors, and creates an audit trail for compliance. The system aims to enhance the pumping experience for mothers, which is linked to better clinical outcomes for infants. Keriton's approach aligns with the goals of improving patient outcomes, reducing costs, and fostering better family engagement, presenting a potential return on investment for hospitals.
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