500 Startups, a San Francisco-based accelerator and investor, has announced its 18th cohort, a group of 46 companies total which includes, for the first time, a digital health track of eight startups.
Despite the name, 500 startups has more than 1,500 startups in its network that have either been through the accelerator or received Series A funding from the group. This does include some digital health companies already: BetterDoctor, uBiome, Fitocracy, and Neutun to name a few.
The acclerator gives $100,000, office space, and access to mentors and experts in a 4-month session in exchange for 5 percent equity. Here's the eight digital health companies joining the ranks of 500 Startups.
Avicennas is an online tool to help patients find internationally accredited healthcare providers around the world. They can compare different clinics on price and quality and even book travel right through the website.
Leapcure is a patient engagement platform for accelerating clinical research participation. The company offers a platform to help with recruitment, engagement and retention of clinical trial patients.
Level is a "virtual mental health clinic", an app that connects behavioral health professionals with individuals in need of their assistance through video, voice, and text modalities.
Nonnatech is a remote patient monitoring platform that aims to reduce avoidable emergency room visits and hospitalizations through early detection of physiologic changes. The platform contains a number of different Bluetooth enabled sensors deployed throughout the patient's home.
Paubox hopes to make it easier for providers to send and receive secure, HIPAA compliant email. Using email encryption, encrypted forms, branded storage, and email API, Paubox helps users be HIPAA compliant "without the hassle of portals or extra steps".
Pillsy makes a smart pill container and connected mobile app. The product, PillsyCap, automatically tracks when a user takes their pills and reminds them when they forget a dose. Users can also securely share data with friends and family for accountability.
SimplifiMed helps ACOs manage medications for patients, even if the different physicians in the ACO use different EHRs. According to the company, medication management impacts 17 out of 33 criteria to calculate ACO payments.
Siren Care was omitted from 500 Startup's announcement, but MedCityNews reports they are the eighth digital health startup in the cohort. The company is making smart, app-connected socks for people with diabetes.