Esplanade focuses on early stage, high-growth companies within digital health and primarily invest in Seed and Series A companies, with a geographic focus on North America, Israel and Europe. Our team is composed of healthcare practitioners, operators and founders. Esplanade empowers innovative digital health companies by supplementing capital with active strategic direction, business development and distribution channel support.
Cerula Care is a behavioral health company dedicated to supporting individuals with advanced chronic conditions. The organization offers virtual care services that include care management, coaching, and psychiatry. Its focus lies in addressing mental health issues such as anxiety, depression, substance use disorders, and post-traumatic stress disorder. By providing these tailored services, Cerula Care aims to enhance the behavioral health outcomes of its patients, ensuring they receive the necessary support to manage their conditions effectively.
Rad AI
Series B in 2024
Rad AI, Inc. is a company based in Berkeley, California, that specializes in developing an artificial intelligence platform designed to automate report generation for radiologists. Founded in 2018, Rad AI's solution streamlines the radiology workflow by automating repetitive tasks, thereby enhancing efficiency and accuracy while addressing issues of clinician burnout. The platform utilizes AI to generate report impressions, allowing radiologists to dictate findings using voice recognition technology, identify errors, and customize recommendations. By integrating smoothly with existing workflows, Rad AI aims to improve patient care and support radiologists in delivering accurate and timely reports.
Bone Health Technologies
Venture Round in 2024
Bone Health Technologies, Inc. is a health-tech company based in Redwood City, California, focused on developing innovative solutions for individuals with low bone density. The company's flagship product, OsteoBoost, is a wearable medical device that has received FDA clearance and is clinically proven to significantly slow bone density loss and improve bone strength, particularly in postmenopausal women with osteopenia. Utilizing patented precision vibration therapy inspired by NASA-funded research, OsteoBoost provides a non-invasive, non-pharmacological treatment option that mimics the effects of weight-bearing exercise through mechanical stimulation. This device aims to offer a convenient, pain-free solution to the nearly 64 million Americans at risk of osteoporotic fractures, positioning itself as a potential new standard of care in bone health management.
Tali AI
Seed Round in 2023
Tali AI is a company focused on enhancing the efficiency of healthcare professionals through its voice-enabled virtual assistant, which integrates seamlessly with electronic health records (EHR). This technology allows physicians to dictate notes directly into the EHR, streamlining the documentation process for patient and drug information. Additionally, Tali AI offers a platform that consolidates a vast library of evidence-based resources, enabling front-line healthcare workers to quickly access answers to frequently asked questions without the need to navigate multiple resources. This innovative approach aims to reduce administrative burdens on healthcare providers, ultimately improving patient care.
Babbly
Seed Round in 2022
Babbly is building the world's largest data platform to help parents monitor and support their child's development. Our first product is a mobile app that lets parents track their baby's speech development using a video recording of their child.
BrainBox AI
Series A in 2021
BrainBox AI Inc. is a Montreal-based company founded in 2017 that specializes in developing artificial intelligence solutions for building energy management. The company focuses on optimizing heating, ventilation, and air conditioning (HVAC) systems through its autonomous technology, which employs cloud-based computing and deep learning algorithms. By analyzing data generated from building operations, BrainBox AI provides predictive maintenance modules and fault detection diagnostics, helping building operators enhance energy efficiency and reduce operational costs. The technology allows buildings to operate autonomously, contributing to significant energy savings and lower carbon emissions.
KixCare
Seed Round in 2021
KixCare is a Canadian pediatric virtual healthcare platform. The platform connects families and their children with pediatric telehealth services and aims to enable equitable access to quality care for all Canadian children.
Wellth
Series A in 2020
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.
Binah.ai
Series B in 2020
Binah.ai Ltd. is a digital healthcare company based in Ramat Gan, Israel, founded in 2016. The company specializes in video-based monitoring solutions that allow users to track vital signs using any camera-equipped device, such as smartphones, tablets, or laptops. By employing advanced signal processing and artificial intelligence technologies, Binah.ai delivers medical-grade accuracy in vital signs measurements without the need for wearables. Its offerings include a Software Development Kit for various operating systems, a Back to Work app for monitoring vital signs, and BVue, a contactless application for general health and wellness monitoring. This innovative approach positions Binah.ai as a significant player in the evolution of digital healthcare and wellness solutions.
Wellth
Series A in 2020
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.
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