Morgenthaler Ventures has announced the finalists for the DCtoVC (@DCtoVC) challenge with the 13 company founders to present in front of leading venture capitalists, angel investors, government officials and entrepreneurs on the last day of the annual Health 2.0 conference on October 10th in San Francisco.
Attendees will also hear from Jeff Tangney, CEO of Doximity and founder of Epocrates, as well as Congressman Patrick J. Murphy on the implementation of health reform.
“What’s in it for the companies is exposure,” says Missy Krasner, an entrepreneur-in-residence at Morgenthaler who organized this year’s competition. “It’s a point of validation for them. Last year, two of the finalists got funding right away, so it’s a great mantelpiece for companies that are up-and-coming.”
She added “It’s a great chance for us to stress-test our theses in areas like care coordination and predictive risk modeling,” she says. “Rebecca Lynn and I pride ourselves on being extremely comprehensive and meeting a lot of companies, but we were really surprised when we got 140 applications for the competition and I had only heard of about 15 of them. It’s a pretty good exercise for the pipeline. And it confirms trends.”
Companies presenting in the Series A round of the competition were chosen from an open application process, while the Seed stage companies were nominated by digital health accelerators Blueprint Health, Healthbox, Startup Health, and Rock Health.
Competition judges include:
- Rebecca Lynn, Partner, Morgenthaler Ventures
- Missy Krasner, Executive in Residence, (EIR), Morgenthaler Ventures
- Matthew Holt, Co-Chairman, Health 2.0
- Michelle Snyder, Executive in Residence (EIR), Interwest Partners
- Christina LaMontagne, Principal, Physic Ventures
- Adam Dole, Business Planning Manager, Mayo Clinic
- Sanjay Shah, Program Officer, Innovations for the Underserved, California Healthcare Foundation
- Adam Schlifke, M.D. at Kaiser Permanente & Investor, Health Tech Capital
- JC Simbana, Director, Accelerator Program, Silicon Valley Bank (SVB)
Series A Finalists
GSI Health (Philadelphia, PA; founded 2003 by Leroy Jones and Lori Evans-Bernstein) delivers workflow, care coordination apps and health information exchange (HIE) solutions for hospitals that manage patients across the care continuum and outside the enterprise.
Beyond Lucid Technologies (Walnut Creek, CA; founded 2009 by Jonathan Feit and Christian Witt) offers a pre-hospital records or electronic health record-type (EHR) solution for ambulance providers, medics and first responders.
CarePlanners (New York, NY; founded 2011 by Alan Blaustein and Dr. Nancy Snyderman) is a platform that enables a nationwide network of careplanners to help patients and caregivers better navigate their individual and ongoing experiences with the healthcare system using a combination of personal services and online tools.
Starling Health (New York, NY; founded 2011 by Brian Yarnell) offers an intuitive, touchscreen bedside communication system for hospitals to improve patient interaction at the point of care and help streamline the nurse triage and communication process.
AgeTak (Hopkins, MN; founded 2004 by Pratik Verma and Rakesh Verma) unleashes big data in healthcare from dispersed data silos in real-time based on consent from the true owner of the data. It offers privacy-protecting big-data solutions for analytics in healthcare.
HeathLoop (San Francisco, CA; founded 2009 by Jordan Shlain and Mike Kaplan) offers an automated patient follow-up solution that tracks patient recovery and improves outcomes by engaging patients with their doctor between visits. HealthLoop connects patients directly with their physician throughout their healthcare journey—before a procedure and after they go home. HealthLoop’s SaaS platform and library of clinical protocols provide an intelligent and simple follow up system—“the electronic housecall”. A physician prescribes a ‘loop’ which consists of reminders, questions and care instructions that feed back to their office. At each online check-in, the patient is oriented to timely ‘action items’ and answers clinical questions based on where he should be in the recovery process. Physicians and staff are informed if a patient appears at risk of a complication, treatment failure or hospital readmission.
Comprisma (Washington, D.C.; founded 2010 by Chris Dugan and Adam Pelavin) makes health insurance markets healthier by providing risk markets for health insurers to share risk with one another, reducing the uncertainty and volatility in aggregate policy experience.
NudgeRX (Seattle, WA; founded 2010 by David Schuster, John Schuster, Robert Parker, and Maureen Meyer) reduces unplanned hospital admissions by providing daily, web-based recovery monitoring and guidance for patients and caregiver.
Seed Stage Finalists
Nephosity (San Francisco, CA; founded 2010 by Michael Pan and Zaich Chang) is building an iPad viewer app and cloud server that enables collaborative access to medical images, anywhere, anytime.
Force Therapeutics (New York, NY; founded 2010 by Bronwyn Spira and Mark Lieberman) is a physical therapy platform for both consumers and physical therapists that leverages telehealth to help deliver mobile care in real time.
United Preference (Chicago, IL; founded 2011 by Mark Hall and Pamela Hall) offers flexible payment architectures on an easy-to-administer card platform for the delivery of employee and health plan incentives that help drive healthy behavior (Chicago, IL). Their programs are responsible for 200,000 lives nationally.
Aidin (Nashville, TN; founded 2011 by Russ Graney, Mike Galbo, and Janan Rajeevikaran) offers a hospital discharge solution for social workers and case managers to refer patients to post-acute care providers or to receive care in the home. Aidin integrates into the discharge planning workflow to free social workers from administrative tasks and re-center their time around patients. By automatically generating listings of available providers, Aidin eliminates phone calls and faxes and empowers patients with quality of care ratings and reviews to make decision-making quick, easy, and informed. Aidin works with hospitals to track patient experiences and outcomes to help case managers gain insight into which post-acute providers best serve specific health conditions.
Capture Proof (Los Angeles, CA; founded 2012 by Meghan Conroy) captures, shares and compares patient images for easy analysis by doctors who want to monitor their patient’s health and physical healing over time.
Genomera (San Francisco, CA; founded 2010 by Greg Biggers) is a crowdsourcing health discovery service that helps any consumer create group health studies or clinical trials using social networking.
Cara Health (Chicago, IL; founded by Enda Madden, Carl Vogel, and Dr. Carmel Martin) uses language analytics and machine learning algorithms to calculate risk of unplanned adverse events based on live conversations with patients who are reporting their health status with care managers at call centers.