We recently announced our investment in InquisitHealth, a Dreamit HealthTech company focused on improving health outcomes via peer mentorship and coaching programs. The new round of funding brings InquisitHealth’s total funding, including non-dilutive grants from the National Institutes of Health, to $4.2M.
Read MoreBlockchain applications have grown in popularity with the rise of technologies like Bitcoin and Ethereum. But, whether blockchain can transform or disrupt healthcare for the better remains unclear. In this article, we evaluate several potential use cases for blockchain in healthcare and showcase some of the startups that are bringing this technology to the industry.
Read MoreAt the Future of Real Estate Tech Summit in Miami, three investors joined a panel to discuss trends in proptech. Michael Beckerman (Founder, CEO of CREtech), Jeff Berman (Partner at Camber Creek), and Andrew Ackerman (Managing Director at UrbanTech Dreamit) are thought leaders in the space and discuss the biggest changes in the market. As the industry grows increasingly aware of the cost and time-saving benefits of real estate technology spurring adoption and boosting sales, investor interest has skyrocketed. In 2017, venture investors deployed over $5 billion in real estate technology, more than 150 times the $33 million invested in 2010.
Read MoreDreamit portfolio company LevelUp was acquired by Grubhub in a “spectacular outcome” for the accelerator and venture fund. Founder and CEO Matt Maloney told TechCrunch that while previous Grubhub acquisitions like Eat24 were designed to give the company’s delivery business more scale, “This is kind of a different acquisition. It’s a product and strategic positioning acquisition.”
Read MorePhotoniCare's new hand-held device uses advanced light-based technology to see through the eardrum to the middle ear. Otitis media, commonly known as middle-ear infection, is an inflammation in the middle ear, the area behind the eardrum. It's usually associated with the buildup of fluid.
Read MoreHow big is proptech market? Venture investors sank $18.6 billion into real estate property technology — known as proptech — firms from 2015 to 2017, and more than 25 percent of that came in the fourth quarter of last year alone, according to a report from real estate tech research and marketing agency Re:Tech. In 2017, VCs put $12.6B into the real estate tech sector, with WeWork and Compass leading in terms of funds raised. Softbank invested $4.4 billion in WeWork and $450 million in Compass. United Stated-based real estate tech firms comprised nearly $6.5 billion, or 52 percent, of the venture capital funding raised in 2017.
Read MoreReal estate giants like JLL, CBRE, Newmark, and others are adapting to a new environment in which they are no longer the primary arbiters of market data in the commercial real estate sector. Tech companies with large transaction volume and innovative data collection methods are offering an alternative. In response, large CRE brokerages have diversified their businesses, rolling out advisory services for their clients and moving into areas like property management that are less cyclical than the data-dependent brokerage side of the business.
Read MoreLooking to raise the next round of funding for your healthcare startup? To speed up the process of finding investors for your company, check out our database of 130+ healthcare-focused venture firms.
Read MoreAccording to a new report published by commercial real estate giant JLL, VCs invested $1.05 billion in global construction technology startups in the first half of 2018, a record high. The investment volume in 2018 is already up nearly 30 percent over the 2017 total. These construction tech startups are helping to deliver projects more quickly, to reduce wasted resources and materials, to make worksites safer, to increase coordination among stakeholders on project sites, and to provide new data sources for project leaders.
Read MoreAccording to a new report published by commercial real estate giant JLL, VCs invested $1.05 billion in global construction technology startups in the first half of 2018, a record high. 2018’s investment volume is already up nearly 30 percent over the 2017 total. These startups are helping to deliver projects more quickly, to reduce the amount of resources being consumed, to make worksites safer, to increase coordination among stakeholders in the projects, and to provide new data sources for project leaders.
Read MoreWhile there’s no doubt that technology has made real estate transactions faster, more streamlined and more user-friendly for today’s real estate buyers, sellers and professionals, it has also made these same audiences more vulnerable to cybercriminals who are looking to cash-in. Earlier this year, the FBI reported that nearly $1 billion had been stolen from buyers in real estate transactions in 2017 and a 480 percent increase in inbound complaints—establishing the real estate industry as one of the fastest-growing targets for cyber attacks.
Read MoreResidential real estate has proven to be a strong driver of economic growth and individual wealth, representing more than 15% of our nation’s GDP. The combined value of housing in the United States reached a record-high $31.8 trillion in 2017, according to Zillow.
Read MoreDreamit UrbanTech alum Traxyl is raising $3 million in seed financing with a mission to make optical fiber-quality data connectivity accessible and affordable to everyone. The team will use the funding to develop its machines that build optical fiber networks, to hire employees and find a new warehouse space. The company previously received a Small Business Innovation Research grant totaling nearly $225,000, for third-party lab testing.
Read MoreTechnically Philly covers the launch of Dreamit’s new SecureTech vertical.
Read MoreCommercial real estate firms are investing heavily in technology startups and established companies that help manage data. The acquisition of FacilitySource comes after the company established itself as the go-to data solution for the facilities management industry and built advanced analytics capabilities that tap into performance data gathered since its founding in 2005.
Read MoreToday we announced the launch of Dreamit SecureTech and our plans to invest in and accelerate game-changing securetech startups. Dreamit SecureTech has three focus areas: Logical will focus on hardware and software-based cybersecurity products; Physical will focus on mitigating threats to people and property; and Social will focus on the dimension of human communication such as fraud, social media/fake news, and information warfare.
Read MoreOn June 8th, 2018, executives, investors, founders, and other leaders from the Philadelphia healthcare community came together for Dreamit HealthTech’s Spring 2018 Demo Day. 7 innovative healthcare startups pitched at the event and attendees listened to Adam Dakin, Roy Rosin, and Brian Lobley discuss the future of healthcare innovation.
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