Startupbootcamp, Europe’s leading business accelerator, today announced the ten teams that will join its inaugural Miami-based digital health program, which focuses on supporting and scaling startup companies working to transform healthcare and eradicate healthcare disparities from Miami.
Teams were chosen from among hundreds of applicants from over 40 countries. A diverse range of solutions – from pre-natal remote monitoring to Latin America’s largest telehealth provider – were selected. The program will begin September 6 and culminate with a Demo Day December 1.
The chosen companies are matched with an international network of healthcare customers to accelerate sales and given access to a network of top-tier venture investors to raise seed and Series A financing to scale their business. Each company is provided with mentoring from more than 100 healthcare entrepreneurs, providers, insurers, influencers and investors and receives six months of free co-working office space, seed funding, in-kind services from partners such as Google, PayPal and Amazon Web Services and access to Startupbootcamp’s global network and alumni growth program.
“We are proud that our inaugural class includes a diversity of founders, product category, stage and geography. We focused our selection on later stage companies with real revenue and traction poised to scale across our network of healthcare customers. We are hopeful that Miami will soon become recognized as a global hub for healthcare innovation,” said Christian Seale, Founder and Managing Director, Startupbootcamp in Miami.
Six of the companies that were chosen have completed seed funding rounds, raising significant venture investments, and four include early stage startups that have completed an initial round of fundraising. They include:
Post-seed:
Babyscripts (US) – The first mobile, clinical solution to seamlessly provide remote monitoring of an OB’s patient population in-between visits.
CareAngel (US) – Care Angel has developed ANGEL, the world’s first Artificially Intelligent Caregiver providing device-free care management and telemonitoring via telephone.
MediConecta (Venezuela) – The largest telehealth provider in Latin America. Currently operating in Mexico, Peru, Ecuador, Venezuela, Chile and expanding to the US.
QoC Health (Canada) – QoC Health helps health organizations take their digital health ideas to scale / commercialization with its patient-centered technology platform.
TruClinic (US) – A modular cloud-based telemedicine platform that combines video collaboration with clinical workflow management solutions to help healthcare providers better serve their patients.
VoiceITT (Israel) – A voice-translation technology platform for people with speech disability; compiling a proprietary sound bank of unintelligible speech for research purposes.
Pre-seed:
Aces Health (US) – The first end-to-end clinical trial management app for patients and researchers.
Overl.ai (US) – A healthcare automation intelligence company that makes it easy for providers to control the apps and web services they use to deliver care and communicate with patients.
Keep Livin (US) – A patient engagement platform with a mission to eradicate health disparities that adversely impact racial/ethnic communities.
LineHealth (Portugal) – A hardware company helping you to take the right pill at the right time, leading to a longer and healthier life.
The ten companies have raised $13.85 million and are valued at over $48 million collectively.
In addition to the ten startups of this year’s cohort, Startupbootcamp is also welcoming two Entrepreneurs-in-Residence (EIR) to build their business alongside the inaugural cohort. The EIRs are featured below.
Carevoyance (US) – A data analytics platform that helps medical device companies expand their market.
Personomics (US) – A healthcare company founded by Jordan Kavana to revolutionize consumer driven wellness by providing health, diet, beauty and lifestyle solutions based on your DNA.
Teams were invited to attend Startupbootcamp’s Selection Days, where 15 finalists were evaluated by executives from the Nicklaus Children’s Hospital, University of Miami Health System, Jackson Health System, Memorial Healthcare System, Aetna, Abbvie, Univision, Microsoft, GE Healthcare and top-tier healthcare investors. Following an intense, two-day selection process, the ten teams were invited to join the 2016 cohort.
Startupbootcamp Miami launched its operations in late 2015 with the support of the John S. and James L. Knight Foundation and diverse group of founding partners including Microsoft’s BizSpark Program; Miro Ventures LLC; Nicklaus Children’s Hospital; and Univision; as well as, Maurice R. Ferré (M.D.), executive chairman of Insightec and co-founder of MAKO Surgical; and Michael Simkins, president and CEO of Innovate Development Group, which is leading the Miami Innovation District project.
“Startupbootcamp has really brought to life the technology startup scene in Miami. By focusing on health it is really building out the ecosystem for innovation. We hope to see the next major healthcare players originate in Miami,” said Dr. Narendra Kini, CEO at Nicklaus Children’s Hospital
“With the selection of the teams, the work of Startupbootcamp in Miami can begin. We look forward to seeing how the program’s model, previously successful in Europe, will bring new energy and talent to Miami’s innovation ecosystem and provide a fresh avenue for startups to grow and thrive in our city,” said Matt Haggman, Knight Foundation program director for Miami.
