Startups

These 5 health startups just entered M-1 Ventures’ first cohort

The accelerator, which is based at Johns Hopkins' FastForward East, runs for 16 weeks. Startups are taking on fitness, health data and rides to the clinic.

Hopkins officials mingle at the opening of FastForward East, February 2015. (Photo by Stephen Babcock)

The first sessions of an accelerator focused on health and fitness startups are being held this week at Johns HopkinsFastForward East space.
M-1 Ventures  kicked off Tuesday with a cohort of five companies. The following companies were selected to participate, according to the accelerator:

  • BurnAlong An Owings Mills–based startup developing a video platform allowing people to remotely link to fitness classes and work out together. (Read our profile here.)
  • b.Well A Betamore-incubated health platform that seeks to offer access to health data such as medical records, insurance info and health history. (Read our profile here.)
  • EduMD A startup founded by surgeons at Johns Hopkins University and the University of Maryland that makes Milemarker, a web-based platform which assists with medical training.
  • MotionVibe An app that connects users to a community of fitness consumers and professionals.
  • RoundTrip A Philly-based startup that makes a platform to provide on-demand, non-emergency medical transportation.

The orgs behind M-1 Ventures are putting their own spin on the accelerator model. Along with honing in on a specific vertical, the program is designed to help companies who are past the idea phase and building on initial traction, investor Paul Singh, who is co-directing the program with entrepreneur Tony D’Agostino, told us earlier this summer. For instance, BurnAlong has already raised $1 million and is looking to scale.
Companies who are participating receive $25,000. Using a peer review model established by program supporter Village Capital, two companies will be selected by members of the cohort for additional investment at the end of the four-month program.
Along with programming, participants also get time with one-on-one mentors from Johns Hopkins, Plank Industries and the University of Maryland. Brown Advisory and the Abell Foundation are also supporting the program.

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