Accelerators / Health tech

These are the 8 startups in Dreamit Health 2017

In keeping with the two changes to its model, the cohort features mostly companies from outside of Philly with a more mature profile.

The first DreamIt Health cohort was in Philadelphia from April through August 2013. (File photo)

Parallel to taking its early-stage lessons “to the masses,” Philly-based accelerator Dreamit is giving the eight companies on its 2017 Dreamit Health cohort some more advanced mentorship.

In keeping with the two changes to its model (choosing more mature companies, companies being able to apply from anywhere and not having to relocate to Philadelphia), the fifth iteration of the program features mostly companies from outside of Philadelphia with a more “mature” profile.

The eight selected startups, according to a company press release, were chosen from a global applicant pool and judged on metrics like team strength, uniqueness and capacity to “operate successfully in an industry that is typically slow-to-change and has long, complex sales cycles.”

Here are the companies:

  • Biorealize (Philadelphia): Makes low-cost, easy-to-use, portable tools for designing and growing organisms for novel biotech applications.
  • Bluedrop Medical (Ireland): Reducing the burden of diabetic foot ulcers by 70 percent via a smart home-based device which sends a daily scan of the patient’s feet to the cloud.
  • Citus Health (New York): Offers a suite of workflow automation and remote patient support software solutions that makes home healthcare “less cumbersome and stressful” for patients.
  • Cylera (New York): Smart cybersecurity hardware which analyzes network traffic and behavior to identify and mitigate threats coming to and from all connected medical devices.
  • Group K Diagnostics (Philadelphia): Low-cost, rapid, paper-based diagnostic system, providing multiple results from one patient sample within 30 minutes or less at the point of care.
  • Kaizen Health (Chicago): Patient transportation platform enhancing healthcare efficiency and population health by leveraging logistics technology and data to improve patient outcomes.
  • Marmo Health (London): Patient support and behavior change service delivered through ultra-personalized peer groups in a mobile phone messaging app with coach-led education programs and natural language processing.
  • Tine Health (San Francisco): Mobile platform augmenting medical devices with Just-In-Time training and compliance tracking for front-line healthcare providers. Pilot studies have demonstrated over 50 percent% reduction in error rates, generating additional revenue for hospitals.4

“Our team has engineered an accelerator to serve the needs of healthcare startups selling to enterprise customers.” said Dreamit CEO Avi Savar in a press release. “The Dreamit program shortens the sales cycle for startups and creates momentum that leads to more customers.”

Companies: DreamIt Ventures

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