Digital Health CT, powered by Startupbootcamp, hosted its inaugural Demo Day themed “VeloCITY” at the Bushnell Performing Arts Center in Hartford. The event attracted more than 500 attendees and 200 viewers on the livestream. Demo Day is the culmination and celebration of the startups’ three-month participation in the accelerator program.
The 10 startups showcased how applying their technology improves healthcare access, quality and safety, and the patient/customer experience, with value propositions ranging from increasing customer engagement to automating physician scribe tools and more.
This past November, the program officially kicked off the three-month accelerator program. Nine of the startups came from the United States (two founded and based in Connecticut); and the tenth was founded in Tel Aviv, Israel. Collectively since inception, the startups have raised $14.5 million.
The startups have been working with doctors, surgeons, and medical teams at Hartford HealthCare and with students, faculty, and staff at the University of Connecticut School of Business and Trinity College. The startups have also enjoyed local restaurants and entertainment activities in the capital city and throughout Connecticut.
“We are partnering with industry like never before—and bringing in partners who value Hartford HealthCare’s Innovation ecosystem,” said Barry Stein, a physician and Chief of Clinical Innovation at Hartford HealthCare. “Our talented colleagues have become honey to bees. Entrepreneurs are incredibly eager to have such invested mentors. We are working diligently, training our physicians to better work with startup businesses, looking at development the way entrepreneurs do. Together, we are helping to move health care forward, bringing incredible ideas and technologies to life.”
Todd OBrien, CEO of Rainmaking North America (Startupbootcamp’s parent company) said, “We are seeing an increased velocity in new technology and ideas in healthcare globally. The digital health market size is expected to reach USD $509.2 billion by 2025. Innovation is accelerating and our program partners understand the importance of integrating innovation methods into their business models. The startups have had the opportunity to engage with our strong healthcare ecosystem that includes a deep investor network, broad mentor group, and robust program content. Two years ago, we launched Hartford InsurTech Hub in collaboration with the Hartford community and now we are building a digital health ecosystem with our partners: Hartford Healthcare, Trinity College, UConn School of Business, and Launc[H]artford The journey has been truly amazing.”
The 10 innovative teams showcased during Demo Day:
- Aiva (Los Angeles, CA) uses voice assistance to increase efficiencies and improve satisfaction for patients and caregivers alike.
- Braincheck (Houston, TX) provides clinicians with the ability to quickly, easily, and comprehensively assess patients’ brain function and behavioral health comorbidities and with clinical decision support.
- Clearstep (Chicago, IL) matches symptom descriptions to the right points of care using the most accurate content available, provides recommendations that encompass price, network status, outcome ratings, and wait times and makes it easy for patients to choose and schedule needed care.
- CompanionMx (Boston, MA) uses AI algorithms to quantify clinically validated mental health symptoms.
- DeepScribe (San Francisco, CA) uses AI and natural language processing to listen to physicians’ conversations with patients and complete documentation.
- Ellipsis Health (San Francisco, CA) uses AI to improve behavioral health through the analysis of natural conversation.
- Encapsulate (Farmington, CT) provides automated microfluidic systems for determining the most effective anticancer treatments based on a patient’s specific genome and type of cancer.
- Lineus Medical (Fayetteville, AR) produces medical devices designed to eliminate harm associated with IV lines.
- MDI Health (Tel Aviv, Israel) provides quick and intuitive access to up-to-date information regarding each patient and suggests a personalized medication treatment, while taking into consideration how a medication cocktail is going to affect a specific patient.
- QRfertile (Farmington, CT) offers a mobile-enabled, at-home diagnostic platform as a reproductive health and wellness solution for high-risk and subfertile men in their reproductive age.
Michelle Cote, Managing Director for Connecticut Center for Entrepreneurship & Innovation and Director of Launc[H]artford said, “It has been gratifying to continue to work with Startupbootcamp to provide new opportunities to entrepreneurs in Hartford over the past two years. Digital Health CT, has once again, brought incredible technology companies from around to our community to learn how to use their capabilities to transform healthcare. And, the program’s partners, including Hartford HealthCare, Trinity, and UConn, have brought incredible value to the startups in the program. Hartford’s reputation as a center of innovation is certainly growing quickly, and programs like Digital Health CT help provide us with even more velocity toward our goal of becoming the best place to launch or grow a business on the east coast.”
Joanne Berger-Sweeney, President of Trinity College said, “Demo Day was an inspiring day for Hartford and our digital health team, which includes Hartford Healthcare where I am a proud member of the Board of Directors. This effort was the product of a committed effort by representatives from amazing anchor institutions, including Trinity, who set a strategic vision for an innovation ecosystem that would attract talent and cultivate high-energy startups. I look forward to our ongoing partnership and expanded opportunities for our students and faculty to contribute to Hartford’s growth as a national hub for innovation and entrepreneurship.”