Louisville, Kentucky-based XLerateHealth has announced its latest class of seven digital health startups, which will go through the accelerator’s 13-week course, starting from August 3rd.
“We are extremely excited to begin helping these companies gain valuable insight through customer discovery and customer pilots which allow them to refine their business models based on intimate knowledge of customer pain points and market needs in order to ultimately accelerate their speed to market,” said Bob Saunders, XLerate Health’s chairman and co-founder.
As part of the “XLerate deal,” startups receive an optional $20,000 stipend (in exchange for a 6% stake), office space in Louisville, along with access to a mentor network that includes executives from health tech startups, insurers, hospitals and pharmaceutical companies. Should a startup chooses to forgo the stipend, the accelerator will take a 2 percent stake. instead. Also, XLerate can help companies with “introductions and meetings with pilot customers, potential funders and potential acquirers.”
Should a startup chooses to forgo the stipend, the accelerator will take a 2 percent stake (instead of 6%).The seven startups included in XLerate’s newest class are:
- iClinical – this San Francisco-based company is developing a mobile platform for data aggregation and data analytics in clinical trials. The software delivers data insights to researchers in near-real time and includes collaboration tools to make trials more efficient and bring drugs to market more quickly.
- iPillBox – based in Louisville, the company is working on a mobile pill organizer that helps patients with complicated medication schedules manage their compliance. On the other hand, it allows caregivers to monitor whether a person is taking their pills, via a web-based interface.
- Inscope Medical Solutions – another local to Louisville, it has developed a “WiFi-enabled multi-purpose, disposable laryngoscope that optimizes airway intubation by integrating several devices into one easy-to-use device.”
- MedUX – coming out of Toronto, this startup is working on creating a tactile interface for surgeons operating in a sterile field. The technology allows surgeons access to their digital case data without having to scrub out.
- NormaLyte – Louisville-based company is creating a sugar-free treatment for dehydration for patients and athletes based on a World Health Organization recommended formula.
- SYSGenomics – which is developing molecular diagnostic tests to help oncologists and cancer patients choose the most effective treatment strategy for their specific diagnosis. The company is based in Granger, Indiana.
- Trajectory Healthcare – stemming from Loveland, Ohio, Trajectory offers population health analytics solution focused on evaluating, improving and designing population health management programs. Its user-friendly software is made for provider and payer customers to help them make more informed clinical and financial decisions.
[Via: mobihealthnews]