Dreamit Health - Spring 2017
Bluedrop Medical: Developing a smart, home based remote monitoring system capable of the early detection and prevention of diabetic foot ulcers. Advanced algorithms monitor daily foot scans to detect diabetic foot ulcers before they develop, providing actionable alerts to both patient and provider.
Tine Health: Mobile platform augmenting medical devices with Just-In-Time training and compliance tracking for front-line healthcare providers. Pilot studies have demonstrated over 50% reduction in error rates, generating additional revenue for hospitals.
Cylera: Cybersecurity company focused on protecting healthcare organizations and their patients from cyber-based threats by providing machine learning-powered solutions to defend medical devices from cyber attacks, including zero day exploits, data breaches, and ransomware.
Marmo Health: 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.
Biorealize: Makes low-cost, easy-to-use, portable tools for designing and growing organisms for novel biotech applications. Their first product, “Microbial Design Studio,” dubbed the Personal Computer version of a biolab, allows anyone to design, test, and monetize biology at the bench and in the field.
Group K Diagnostics: Low-cost, rapid, paper-based diagnostic system, providing multiple results from one patient sample within 30 minutes or less at the point of care. The modular system can currently combine up to 3 different tests and can be read via a smartphone app, desktop app, or comparison paper guide, allowing the test to be conducted in any setting.
Citus Health: Offers a suite of workflow automation and remote patient support software solutions that makes home healthcare less cumbersome and stressful for patients, while enabling providers to more cost-effectively deliver superior patient support and better patient outcomes.
Kaizen Health: Patient transportation platform enhancing healthcare efficiency and population health by leveraging logistics technology and data to improve patient outcomes.
Eko creates non-invasive sensors and software to enable precision cardiac care. Their products are used in over 400 hospitals, health systems, and other providers across the US. They've engineered a product called the Eko Core, which goes into the tubing of a stethoscope. Using Bluetooth technology, the Core sends digital recordings of heartbeats to Eko's app and web portal. Doctors can chart the heartbeat or send the recording to a specialist for further review (rather than patients having to wait to see a specialist for the results).
GraftWorx is bridging the communication gap between patients and clinicians, by developing "smart" wearables and implantables for dialysis and peripheral arterial disease patients. GraftWorx seamlessly integrates a sensor package into the bypass graft or stent and interrogates the device daily via a smartphone app. Their products transfer clinically actionable data from the device directly into the clinician's EHR system and are currently demonstrating strong traction with consumers, clinicians and hospital systems.
Yosi eliminates patient intake from waiting rooms and provides an end to end patient on-boarding solution making the office paperless. The company's innovative mobile app was developed out of the need for an improved patient experience and front office productivity, reducing paperwork. Patients can easily create and securely complete their check-in from the convenience of a mobile app with a few clicks - before they’ve arrived at the doctor’s office. Medical practices receive their own intake forms pre-filled with patients’ information. That means patients won’t have to waste time filling out paperwork at the waiting room or at point of service while the front office receive their intake forms ahead of a patients visit.
Voiceitt’s groundbreaking software application, Talkitt, translates unintelligible sounds voice into clear speech in real time, enabling those with motor, speech or cognitive disabilities to communicate with caregivers, family members, health care professionals and society as a whole. By giving them back their voice, Voiceitt fosters independence, empowerment and social inclusion among the disabled populations who currently depend on bulky, slow, expensive solutions for this vital human need: communication, as shown in this video.
PadInMotion provides customized tablets for engagement and empowerment while patients are in the medical facility and an advanced software platform for care management outside of the medical facility. PadInMotion's product is integrated with the patient care protocols of the medical facility enabling medical facilities to improve key quality of care metrics.
BrainCheck tests are mobile, rapid, and easy-to-use, and our customers love them. They have 40 paying customers (athletic organizations) and two hospital pilots collectively comprising over 10,000 test-takers, and they are rapidly expanding both within the concussion market and into the dementia market.
PhotoniCare are fundamentally changing the way middle ear disease is managed by enabling physicians to look through the eardrum without cutting it open. Several clinical studies and feedback from physicians have shown that our device can give them information that will save months of treatment time per patient.
Synotrac is an implantable medical device that is changing the way doctors look at infection after joint replacement surgery by actively monitoring the joint health via smartphone app. The patent pending technology has been extensively tested with in vitro models and the company is preparing to obtain FDA approval and launch in vivo studies.
Reliant Immune Diagnostics are developing innovative diagnostic tests for detection of certain allergies, infections and diseases. The team at Reliant is creating a consumer facing rapid diagnostic device that can function as a rapid diagnostic for flu, cold, and certain types of allergies.
Lilu are developing a pumping accessory that automatically massages and compresses the breasts of pumping moms. Compression increases milk output by up to 50%, so with Lilu, moms will be able to pump more milk in less time. So far, Lilu have over 700 moms signed up on our waitlist to try the product, including 7 lactation consultants; Lilu have LOI's from 2 popular maternity stores; over 25 moms have tried their product and they love it!
Dreamit EdTech - Fall 2016
Chalk.com gives admins the tools to author and vertically integrate curriculum directly into the teachers’ planners allowing a direct feedback loop. Ex. as teachers use the curriculum and their own planning on a daily basis, Chalk.com can surface to the admins and teachers how the curriculum is used. 180K teachers, 60 customers, 0 to 60K MRR in 16 months.
Learnmetrics is a powerful dashboard that turns learning data in a GPS for organizational goals, operations, and outcomes, providing business intelligence for schools and districts. It's a data analytics platform and interactive dashboard that can be used by stakeholders to see how students and classes are performing in real time. An educator inputs any information that they have, either from other technology, edtech, or outside sources, and then Learnmetrics automatically pulls from those sources to continue to update metrics.
MPOWER provides crowdsourced loans for student lending and uses a non-FICO based system to lend to international students at 150+ universities. They have established a way to assess creditworthiness based on things like which school you’re at, what major you’re studying, what degree you’re in, how close you are to graduating, what your grades are, what your scores are, and what internship experience you have. MPOWER is on pace to do $20M of volume by EOY 2016.
PenPal Schools connects over 100,000 students in more than 170 countries to learn together. PenPals ages 9 and up collaborate through high-quality online courses to discover cultures and learn about global challenges while practicing essential language and technology skills. Teachers create a class and share a class code for students to join. Students sign in to website to complete classes on language, culture, and global issues. Students then share what they've learned with penpals.
PikMyKid is a comprehensive school dismissal and parent communication system that simplifies dismissal process, reduces chaos, and eases traffic in the school neighborhoods, and enhances student safety. The product gives teachers a real-time tracking interface and allows parents to manage the dismissal of children from their phone. Apart from making things safer, this saves schools an average of 2,250 teacher hours per year, amounting to around $54,000 in salary.
t3 developed PresentR to fill the gap in training and practice for communication skills. PresentR is a dynamic practice and feedback tool that provides stand-alone learning or supports other training programs to create sustainability of learning and metrics to measure ROI. They launched PresentR in 2014 and have sold into more than a dozen companies over the past two years, generating over $500K in revenue.
Wrainbo is the world's first learning platform that combines mobile gaming and big data assessment. Fantasy mobile game play is seamlessly blended with practical business learning in bite sized levels. The product is built on a customizable platform involving a targeted problem, dynamic info, game stats, and a personalized avatar. More than 70 learning professionals have signed up for beta testing and 85% of the alpha testers have converted to beta phase.
Spring 2016 Cohort
Addicaid is an affordable, individualized addiction treatment model that includes peer/professional support, interactive worksheets, meeting directories, and resources that help members improve their chances of a lasting recovery. The service is not meant to replace existing support options available to patients and families but to work in conjunction with these services, making traditional methods more effective
Admetsys was formed to explore the next generation of metabolic regulation technology: patient-adaptive learning algorithms, coupled with counterbalancing treatment. The union of these with automated blood glucose measurement and state-of-the-art visualization has created a transformative product, specifically tailored to the hospital and surgical care market. With strong clinical trial results, the company is preparing for commercialization.
Cellepathy leverages artificial intelligence and mobile sensor data to solve connected-car problems. Its first solution is a distracted driving risk management platform that lets employers define the way their employees can use smartphones behind the wheel. The company’s second product is an algorithmic engine that fixes the UX of navigation systems by personalizing turn-by-turn instructions based on each driver’s history and preferences.
CircleLink Health helps doctors earn up to $10B+ of preventative Medicare payments by engaging their patients between office visits, enabling proactive care vs. traditional reactive care. Their care coaches help patients follow their providers’ care plans leading to improved patient outcomes. They use an outsourced sales force of nearly 400 reps who are paid after we are. For clinical services, CircleLink Health have aggregated a network of remote registered nurses who act as care coaches. They use the CircleLink Health secure software and scripted engagement techniques to work from home when their schedule allows.
DNAsimple allows patients or anyone to contribute to scientific studies and provides a much-needed service for genomics labs — the opportunity to order DNA samples from any demographic. Donors sign up on our database and we collect their health history; researchers bring their population requirements to us and we make the match and deliver the DNA samples, all for half the cost of creating and managing an in-house genomic sample bank.
Inquisithealth facilitates and scales one-to-one phone conversations between patients with serious medical conditions. They are taking a different approach to populating our exchange by bringing online and inter-connecting the patient communities that already exist in the offline world. Patient support foundations and hospitals pay Inquisithealth an annual subscription and licensing fee for our white label solution.
Kermit saves hospital systems millions of dollars annually on orthopedic, spine and cardiovascular Physician Preference Items by performing audit and compliance of vendor-submitted invoices. Kermit reveals cost saving opportunities by turning case-level data into actionable analytics. With hospitals averaging an annual 30% over-spend in this category, Kermit delivers immediate savings through automation and the expertise of medical device reps.
Keriton is a HIPAA-compliant + FHIR-ready Pumped Breast Milk Management system for Neonatal ICUs (NICUs) with following features: 1. Automated inventory management 2. Emulation of natural stimuli for lactating mothers 3. Workflow notifications & alerts 4. Production analytics dashboard for lactation experts 5. Chat platform for NICU nurses, lactation experts and mothers.
MedAware utilizes big data analytics and advanced machine learning to transform large-scale medical data into actionable clinical knowledge. The first application of this technology identifies and alerts on prescription errors in real time, dramatically reducing healthcare costs while improving patient safety, outcomes, and experience. Additionally, based on its unique approach, MedAware is now introducing a suite of patient-centered decision support solutions capable of identifying outliers in treatment, evaluating personal risk and predicting treatment outcomes for patients, physicians, healthcare providers, and insurance companies.
MedStack enables the creation of powerful, integrated, compliant patient-centric healthcare apps at 1/3 the typical cost and development time. We reduce the burden of achieving data integration, security and compliance via a healthcare-targeted cloud service, database and workflow building blocks, accessed via monthly subscription. MedStack is in closed Beta, and supported by a network of compliance, integration and development partners.
Neofluidics offers simplified microfluidic tools for drug discovery and research. Their flagship product, the NeoPlate™, has dramatically transformed the well plate — a device that is common in every laboratory and that has not changed in over 50 years. Neofluidics’ ground-breaking microfluidics platform converts the well plate into a smart device that automatically controls fluid dispensing, dilutions, and single cell capture, while easily integrating with current liquid handling sytems used in the industry.
Prevnos is a cancer diagnostics company that uses simple “colored dots” to characterize cancer genes in cells. They operate in 4 segments: consumables, capital equipment, software, and clinical trials. Their tests are highly reimbursable, and our end-users include CLIA-certified testing labs, big pharma companies, high-complexity genetics labs, cytogenetics facilities, and clinical research organizations.
Suggestic helps individuals revert type 2 diabetes through epigenetic lifestyle interventions. What Can I Eat? Where Can I Eat? Desire to be healthy comes naturally. Choosing the right meal is hard. Our self-learning chatbot provides healthy meal recommendations for cooking at home or eating out at nearby restaurants taking into account user’s context which leads to better adherence and outcomes — a million recipes and evidence-based diets. Users subscribe to one or more diet plans in the app to see recommendations that meet plan/goals.
Wellth helps insurers and risk-bearing healthcare providers better understand their populations, improve customer health and retention, and lower costs, through a mobile first, financial incentive focused platform. Our healthcare system is undergoing a paradigm shift to value based care. However, it will not be successful if patients themselves do not get the adequate incentives to buy-in. Wellth provides financial incentives to the most costly chronic disease patients for establishing evidence based healthy habits and meeting quantifiable health goals.
101 is a mobile-first platform with revolutionary interactive design that makes it more effective for college-level students to learn critical problem solving skills in STEM subjects such as chemistry, physics, and calculus. 101's vision is to be the learning platform for these students whether they’re in class learning the concepts or they’re at home doing problems or preparing for an exam.
CampusESP is a strategic parent and family engagement platform enabling institutions to keep the most important influencers of their students informed — parents. From impacting enrollment, to student success, to annual giving — keeping parents effectively engaged has proven to be critical for institutions looking to better support their institutional goals. Deployed at schools like Penn State, CampusESP gives helicopter parents a place to land.
PeopleGrove is a SaaS platform for companies and schools to foster professional networks in their communities, enhance career outcomes and create a culture of giving back. School such as Stanford and USC pay PeopleGrove to match students with alumni mentors. Meanwhile, companies like Intuit license PeopleGrove software to drive powerful connections and mentorship to catalyze collaboration and inclusion in their organizations, particularly among Millennial hires.
Lessoncast is a teacher learning platform. Schools spend over $8 billion every year on teacher training, but they have little evidence to show it’s making a difference for teachers and students. Unlike current professional development that is one-size-fits-all and irrelevant for most teachers, Lessoncast more effectively leverages the $8 billion spent annually on teacher education and development. Lessoncast is used by over 10K teachers; school districts in MD, NY, NJ, and FL; and teachers colleges like Towson University and Rider University, major teacher producers for their region.
Prompt makes people better writers through personalized feedback. We do this in two ways: (1) writing feedback, grading, and analytics tools used by universities and K-12 that are 40% faster than Word or Google Docs plus provide educators with detailed writing analytics, and (2) a 24/7 Virtual Writing Center where students can access affordable feedback on the content and structure of their writing from Prompt’s global network of specialists.
Ruvna allows schools to locate and account for their students in real-time during an emergency. When there is an emergency in a school, it’s incredibly difficult and time-consuming to identify which students are safe and which students need attention. Ruvna solves this problem in an amazingly simple way. By simply having teachers indicate which students they have, Ruvna shows administrators and law enforcement immediately which students need attention.
Study Abroad Apartments is a marketplace that helps thousands of students, interns, and young professionals from around the world get apartments abroad. The platform enables landlords and agencies to rent apartments to the mid to long term market, in a secure, transparent, and convenient way. The company streamlines the process from end-end by offering verified payment methods, roommate payment splitting, and recurring rent transactions.
StudyTree is the first business model is a mobile platform that connects students for peer tutoring. StudyTree takes 10% of what tutors charge students. The 3rd party payment system enables parents and organizations to sponsor students by putting funds on the app. The second model enables universities to put their certified tutors on the app, streamlining the traditional tutoring center — This uses a sliding scale, monthly subscription fee based model.
Tassl creates centralized software and mobile solutions to inform, connect, and engage alumni networks with the purpose of strengthening University communities and identify alumni engagement trends. Tassl is the most comprehensive technology solution for alumni engagement, which is achieved through a focus on non-traditional engagement to encourage a culture of appreciation and connection earlier in the alumni life-cycle.
University Beyond is a recruitment and management platform for on-campus internships and brand ambassador programs. University Beyond helps big brands like Amazon, Starbucks, DirecTV, and over 150 more recruit and manage their college brand ambassadors. Additionally, they provide employers an all-inclusive dashboard for task management, communication, and payment processing.