Monthly Archives: March 2023

How Scan.com Is Using Their Recent Series A Funding to Break into the US Market



On this week’s StartUp Health NOW podcast episode, we sat down with Charlie Bullock, the CEO and Co-founder of Scan.com, which is, to oversimplify, an online marketplace for diagnostic imaging services. We wanted to dial Charlie up for two reasons. The first is that this StartUp Health company has officially grown from their UK roots to developing a significant beachhead in the United States. We wanted to get a play by play about that process and distill some useful cross-border growth strategies for our listeners. The second reason for the call was that Scan.com just – this week – announced a major fundraise, which is going to put this US expansion into high gear.

In our conversation Charlie shares a bit of his personal journey as an entrepreneur, gets into all the details about their recent raise, and outlines some do’s and don’ts for breaking into the US market.


Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Entrepreneurs
: How to get investment from StartUp Health 
startuphealth.com

InvestorsContact us to learn how to invest in Health Moonshots
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

Cybersecurity: How Startups Can Stay Secure as Healthcare Ransomware Attacks Skyrocket



According to multiple news sources, cyber attacks surged in 2022. That doesn’t necessarily surprise anyone, but what may be a surprise is learning that healthcare is the most targeted sector.

Turns out, patient records have a high resale value, and ransomware attacks on hospitals can be profitable.

This increase in cyber threats coincides with waves of new companies making data more accessible to patients. So on one hand we’ve got a groundswell of startups fighting the good fight of leveraging patient data and new technology to improve lives. On the other hand we have an increasingly aggressive and sophisticated network of cyber criminals who are a constant threat to our healthcare system and, ultimately, patients’ lives.

Bridging these two worlds is our guest, Steve Cagle, CEO at Clearwater. In this episode, Steve helps us understand the magnitude of the cybersecurity threat in healthcare and, more importantly, gives us practical strategies that founders can employ in order to keep patient data safe and keep their company compliant with current regulations. Steve also explains how, by making a few smart moves, a startup can turn cybersecurity from a business threat to a competitive advantage, particularly as they pitch to wary health systems and payers.


Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Entrepreneurs
: How to get investment from StartUp Health 
startuphealth.com

InvestorsContact us to learn how to invest in Health Moonshots
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

Expanding Globally: How This African Startup Is Building a Roadmap for the US Market



Welcome to StartUp Health NOW, the podcast where we celebrate the entrepreneurs and innovators who are transforming health.

One of our favorite things about the StartUp Health community of nearly 500 companies and upwards of a 1000 entrepreneurs is how global it is. It is so easy to get caught up in your local challenges and your standard ways of doing business and forget that there is this global village of entrepreneurs, many of whom are thinking in wonderfully different and creative ways about the same challenges you’re facing. We need each other, and we need to build strong lines of communication.

One way that we see cross-border innovation is when a startup attempts to break into a new global market. On this podcast episode, we’re bringing you one such story, a snapshot of a startup working to expand from South Africa to the United States. The conversation is with Herman Lintvelt
and Michael (Fox) van der Linde, the founders of Augmental Technologies, a StartUp Health portfolio company providing digital coaching and content that supports families with children who have ADHD, autism, Tourette syndrome, and other neurodivergent conditions.

We wanted to learn some of the practical ways they’re adapting to a new market environment. Like, are they setting up a physical office in the United States or going all virtual? How are they handling marketing and branding? How did they locate collaboration partners?

And we also wanted to hear what they’re bringing with them that’s unique to South African entrepreneurs. We need a diversity of perspectives – different styles of ingenuity – in order to break out of the intractable problems we experience in health. Entrepreneurs from resource-constrained environments have to solve business challenges with their own blend of creativity and pragmatism. As Augmental Tech brings their platform from South Africa to the United States, they’re bringing that ingenuity with them, and using it to build a market advantage.

In our chat they offered us a slice of life of a startup in the midst of international expansion and share a number of helpful nuggets of wisdom that’ll be useful to entrepreneurs at any stage of growth. Enjoy!


Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Entrepreneurs
: How to get investment from StartUp Health 
startuphealth.com

InvestorsContact us to learn how to invest in Health Moonshots
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.

 


Prioritizing Health Equity Through Sustained Action and Equitable Innovation



Last year StartUp Health launched a Health Equity Moonshot with the goal of creating a guiding equity framework for how we support health startups. That work has been led by our Chief Impact Officer Kaakpema “KP” Yelpaala. One of the first things KP did was to build a cross-disciplinary impact board who could help us guide our policies, and one of the first people he turned to for that task was today’s guest, Aletha Maybank, MD, MPH.

Dr. Maybank is the Chief Health Equity Officer & Senior VP at the American Medical Association. In the world of health equity, that’s a big deal because she guides critical policy decisions for an organization that numbers more than a quarter of a million healthcare professionals.

We wanted to have Dr. Maybank in for a Fireside Chat to get a candid look at the work she’s been doing at the AMA and hear her vision for the future. In the conversation, which was hosted by KP Yelpaala and held in front of a virtual audience of Health Transformers from our portfolio, Dr. Maybank draws a line between intention and outcomes and explains why more institutions need to do the hard internal work of examining inequitable structures.


Looking to break down health barriers? If you’re an entrepreneur or investor, contact us to learn how you can join our Health Equity Moonshot.

Entrepreneurs
: How to get investment from StartUp Health 
startuphealth.com

InvestorsContact us to learn how to invest in Health Moonshots
Want more content like this? You can subscribe to the podcast as well as other health innovation updates at startuphealth.com/content.
Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Passionate about Type 1 diabetes? If you’re an entrepreneur or investor, contact us to learn how you can join our T1D Moonshot.