Winners were selected in the DCtoVC Challenge at the recent Health 2.0 Conference in San Francisco following presentations from the 12 finalists who were grouped into two categories: companies seeking Series A venture funding ($2-5mm) or seed funding.
Seed stage candidates were submitted by the event's accelerator partners Rock Health, Startup Health, Healthbox, and Blueprint Health.
Beyond Lucid Technologies (@jonathonfeit) took home the judges top prize in the Series A category following their presentation of the prehospital care management platform they have developed and gained significant traction distributing to private ambulance companies and public EMS departments across the country.
The company is also a member of the second and recently announced class of Startup Health Transformers.
Winner of the Seed Stage category was Aidin (@myaidin), which leverages Medicare data and patient experiences to match patients with quality acute care providers. By guiding patients through the process of choosing better providers, Aidin enables hospitals to reduce re-admissions and collaborate more meaningfully with post-acute providers. Aidin was also a member of the inaugural class of digital health startups at the other prominent New York City-based digital health accelerator Blueprint Health, and in the same week as winning this highly competitive honor at DCtoVC was also unveiled as an inaugural member of the New York Digital Health Accelerator earlier this month.
“We’re very proud of the entire class of competitors. These are the very best ventures from across the country, and each one is raising the bar in the Health IT industry,” said Rebecca Lynn, Partner at Morgenthaler Ventures and head of the firm's health IT investing team. “The finalists are the future of our industry. In particular, for the Series A category, Beyond Lucid Technologies stood out by presenting a comprehensive emergency-response solution that addresses a real pain point and proving traction with paying clients.”
“In the Seed Stage category, Aidin was selected for being ‘the Yelp for post acute care providers’ that integrates directly into the discharge planning workflow,” said Anne DeGheest, Managing Director & Founder, Health Tech Capital and a Seed Stage judge for the contest. Aidin also won the People’s Choice award through an audience vote for the Seed Stage.
“With over 200 applications for the DC to VC Startup Showcase, the pipeline for health IT startups has never been more impressive. This year we saw a lot of interesting themes emerge in the application pool, like companies that are focusing on Big Data and Care Coordination. We also saw companies that were more mature in revenue and customers,” said Missy Krasner, Executive in Residence (EIR) at Morgenthaler Ventures, and former Google Health founding member.
The competition judges were Rebecca Lynn (Morgenthaler Ventures), Michael Yang (Comcast Ventures), Andy Donner (Physic Ventures), Nina Kjellson (Interwest Partners), Lisa Suennen (Psilos) and Marty Felsenthal (HLM Partners).
The first video below shows a demo of the Beyond Lucid tablet-based prehospital care management and data capture technology.