XLerateHealth, a Louisville-based accelerator for early-stage, health-related companies, announced it has selected 8 companies to participate as part of its second class. The accelerator’s 13-week intensive immersion program will begin August 4, 2014 and run until “Demo Day” on October 30, 2014. Selected companies include:
Blue Sky Case Management (Louisville, KY) is a conflict-free social service agency for Medicaid waiver participants living with Intellectual and Developmental Disabilities (IDD). Blue Sky’s mobile, SaaS-based tools help case managers produce plans of care that deliver better home and community-based services for consumers with IDD.
Count It (New York, NY) pioneers highly social, inter-company challenges, and automates the connection between corporate charitable giving and employee wellness. Powered by a push-button reward platform and utilizing mobile activity sensors (e.g.: FitBit, Jawbone, Shine, etc.), the service dramatically lowers the cost and administrative complexity of conventional wellness programs.
Gyroskope Family Network (Louisville, KY) is an online content, gaming, and social platform built for the aging population. The technology streams classic TV shows, movies, radio and other programming on-demand. The platform also offers video and audio experiences and activities that enhance memory and cognition, as well as other features designed to connect aging individuals to their family and friends and keep them engaged and mentally active.
Lift3D (Columbus, OH) (pronounced “lifted”) empowers athletes, patients, trainers and wellness providers with real time movement data and analysis, in order to effect better outcomes and lower costs. Lift3D provides individuals using equipment in fitness facilities with real time actionable data and tracking of their activities. LIFT3D utilizes 3D laser based imaging technology, which provides fitness facility owners with a low cost way to attract and retain the growing segment of data oriented members.
Medbiomarkers (London, England) is a web platform seeking to accelerate the discovery, validation and utility of biomarkers for health monitoring, diagnostic and therapeutic applications. Via its biomarker database and social network, Medbiomarkers strives to be the leading destination online for lifescience companies’ biomarker related data requirements and partnership building needs.
Myliance (Louisville, KY) has developed the nation’s first Resident Care at Home Concierge Model (RCaHC). Myliance works outside the walls of traditional brick and mortar facilities by providing end-to-end personalized services for the aging in place and disabled populations. Concierge services include both medical and non-medical services.
NeuroAtlas (Louisville, KY) is developing medical software that utilizes 3D non-contrast MR imaging (MRI) to detect and develop comprehensive analyses of several neurological disorders (including an initial focus on early diagnosis of Autism).
Personal Medicine Plus (Paducah, KY) is a mobile health platform addressing underserved Medicaid and rural populations. The software app is designed to help people with chronic conditions such as pre-diabetes and pre-hypertension engage and better manage their health. The technology uses connected health device data and gamified behavior tracking presented in an easy to use and visually appealing screen.
“Out of a large pool of highly-qualified applicants, we have identified an outstanding second group of early-stage companies with technologies that are solving real problems within the healthcare delivery and wellness continuum,” said Bob Saunders, XLerateHealth’s chairman and co-founder. “We are excited to begin helping these companies gain valuable customer 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.”
In addition to Saunders, a seasoned venture capitalist who has worked with more than 100 startup companies over the past two decades and has mentored several healthcare startup enterprises, fellow XLerateHealth co-founders include Ted Smith, a successful healthcare entrepreneur, former Senior Advisor for Innovation in the Office of the National Coordinator in the U.S. Department of Health and Human Services in Washington D.C., and who now serves as the Chief of Civic Innovation for Louisville Metro Government, and Jackie Willmot, who has over three decades in the healthcare innovation and startup space, and spent more than 15 years as an executive with Humana.
Supporting XLerateHealth is a world-class group of mentors. The mentors will provide guidance and counsel to XLerateHealth’s portfolio companies, drawing from their depth of experience in healthcare and business creation. Mentorship can range from providing a single phone call for advice to a much more intensive interaction depending on the needs of the company and the time commitment of the individual mentor. Startup companies will typically have two to five mentors with whom they engage on various aspects of their business. Mentors in the accelerator have extensive experience in various aspects of the healthcare ecosystem and/or various aspects of early stage new venture creation.
XLerateHealth receives sponsorship support from the Kentucky Cabinet for Economic Development – Office of Commercialization & Innovation, Louisville Metro Government, Mount Joy Chilton Medley, and ID&A Office and Interior Design. Supporting venture capital sponsors include Kentucky Enterprise Fund/KSTC (Lexington), Triathlon Ventures (Cincinnati), TriStar Ventures (Nashville), OCA Ventures (Chicago), and Chrysalis Ventures (Louisville). In kind sponsors include Frost Brown Todd and OPM Financial. XLerateHealth’s partners include Louisville’s Cardiovascular Innovation Institute; Johns Hopkins Health for America; Innovate LTC; The National Space Biomedical Research Institute; and The Nucleus Innovation Center. For more information, please visit www.XLerateHealth.com.
