Category Archives: Business

Health Tech Trends: AI, Private Markets, and 2025 Predictions from Bessemer Venture Partners

December 20, 2024Business, Health, Innovation, StartupsAI, artificial intelligence, Bessemer Venture Partners, Digital Health, Health, Health Tech, Healthcare, Logan Plaster, Sofia Guerra, Steve Kraus, trendsNicole Kinsey

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On this week’s podcast episode, Steve Kraus and Sofia Guerra of Bessemer Venture Partners joined us to discuss the trends and predictions outlined in their second annual State of Health Tech report.

Key takeaways include:

AI: Health tech dollars invested in AI-focused companies have increased 1.5x in just two years, reaching 38% in 2024 to date.
Private market recovery: Mega rounds of $50M+ for later-stage companies with strong fundamentals, alongside a surge of seed and Series A companies scaling to $1M-$10M ARR within three years.
2025 predictions: Adoption of in-house services-as-software, AI enhancing doctors’ capabilities, AI streamlining value-based care, and more companies blending cutting-edge technology with deep healthcare expertise.

About Steve Kraus:
Steve Kraus is a partner at Bessemer in the Cambridge office and a world-renowned healthcare investor. He is the author of Bessemer’s 10 Laws of Healthcare, Benchmarks for Growing Health Tech Businesses, and co-host of the podcast Heart of Healthcare. Kraus currently sits on the boards of Bright Health Group, Headspace Health, Groups, Qventus, AspenRx, HouseRx, Oshi Health, Folx Health, Mural Health, and Alcresta.

About Sofia Guerra:
Sofia Guerra is a vice president at Bessemer Venture Partners, where she invests in seed to growth healthcare and life sciences companies. She is the co-author of State of Health Tech report, Benchmarks for Growing Health Tech Business, and How to Scale Health Tech Businesses to $100M and Beyond, a study of 100+ best-in-class companies to understand key metrics relevant for scalability in healthcare software and tech-enabled services.

Listen in for the complete chat with Steve Kraus and Sofia Guerra and learn about the key trends shaping the future of health tech.

Are you ready to tell YOUR story? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. Exposure in StartUp Health Media to our global audience of investors and partners – including our podcast, newsletters, magazine, and YouTube channel – is a benefit of our Health Moonshot Community Showcase Membership. To schedule a call and see if you qualify to join and increase brand awareness through our multi-media storytelling efforts, submit our three-minute application. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Diagnostikare Brings Leapfrog Innovation to Life for Indigenous Communities

December 12, 2024Business, Health, Innovation, StartupsAccess to care, Access to Care Moonshot, Diagnostikare, Health Moonshot, Health Transformer, Health Transformers, Logan Plaster, Mexico, Rafael Lopez, telemedicineNicole Kinsey

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Diagnostikare, founded by brothers Rafael López and Rodrigo López, MD, is revolutionizing healthcare access in Mexico, reaching deep into remote areas.

In this episode of StartUp Health NOW, hear how this innovative telemedicine company in the StartUp Health community:

Started in Mexico City to bring high quality virtual care to people
Partnered with large insurers and major employers like McDonald’s to provide quality telemedicine
Provides care to those who may have had very hard time seeing a doctor under the standard system

And now, Diagnostikare is:

Expanding access to healthcare in underserved rural communities
Collaborating with Bayer and the World Bank to reach remote areas
Leveraging technology like Starlink internet for telemedicine delivery

This episode explores:

The challenges and opportunities of expanding telemedicine globally
The power of partnerships in healthcare
The impact of technology on improving access to care

This is a must-listen for anyone interested in global health, telemedicine, and social impact.

Tune in now to learn how Diagnostikare is making a difference!

Are you ready to tell YOUR story? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. Exposure in StartUp Health Media to our global audience of investors and partners – including our podcast, newsletters, magazine, and YouTube channel – is a benefit of our VIP Health Moonshot Community PRO Membership. To schedule a call and see if you qualify to join and increase brand awareness through our multi-media storytelling efforts, submit our three-minute application. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Unlocking the Power of Storytelling to Grow Your Company

December 6, 2024Business, Health, Innovation, StartupsBranding, Health Moonshot, Health Moonshot Communities, Logan Plaster, StartUp Health, Storytelling, Unity StoakesNicole Kinsey

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Join host Logan Plaster as he sits down with Unity Stoakes, President & Co-founder of StartUp Health, to discuss the power of branding and storytelling.

In this insightful conversation, you’ll learn:

The importance of a strong brand identity for startups
Lessons learned from building StartUp Health’s brand that has become synonymous with health innovation
How to leverage media and storytelling to amplify your message
The benefits of StartUp Health’s new Health Moonshot Community PRO Membership program

This episode is a must-listen for any founder looking to build a successful and impactful healthcare company.

Tune in now and gain valuable insights from a seasoned entrepreneur and storyteller!

Are you ready to tell YOUR story? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. Exposure in StartUp Health Media to our global audience of investors and partners – including our podcast, newsletters, magazine, and YouTube channel – is a benefit of our Health Moonshot Community PRO Membership. To schedule a call and see if you qualify to join and increase brand awareness through our multi-media storytelling efforts, submit our three-minute application. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Financial Incentives to Close the Gap in Healthcare Utilization: Reciprocity Health’s TheraPay

November 22, 2024Business, Health, Innovation, StartupsAccess to care, Access to Care Moonshot, Cost to Zero, Health Moonshot, Health Transformer, Logan Plaster, Matt Swanson, Reciprocity Health, TheraPayNicole Kinsey

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Many patients have access to healthcare programs but don’t participate, leading to poorer health outcomes and higher costs.

This episode explores a novel solution:

Reciprocity Health – a member of the StartUp Health community since 2023 – has developed their platform TheraPay to use financial incentives to encourage healthy behavior.
Hear Matt Swanson, CEO & Co-founder, discuss how to design programs that benefit both patients and the healthcare system.
Learn:
- How TheraPay improves patient engagement for better health outcomes
- The cost-saving potential of proactive care
- Strategies for closing the healthcare utilization gap

This episode is a must-listen for anyone interested in improving healthcare access, financial incentives in health, and building a more cost-effective healthcare system.

Listen now and unlock the power of positive reinforcement for better health!

Are you ready to tell your story? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. Exposure in StartUp Health Media to our global audience of investors and partners – including our podcast, newsletters, magazine, and YouTube channel – is a benefit of StartUp Health’s PRO Membership. To schedule a call and see if you qualify to join and increase brand awareness through our multi-media storytelling efforts, submit our three-minute application. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Insulin Delivery Innovation: These Founders Offer Solutions for Better T1D Management

November 15, 2024Business, Health, Innovation, StartupsBill Ervin, Bulsai, Cardiometabolic Health, Cardiometabolic Moonshot, diabetes, Diabetes Moonshot, GO-Pen, Health Moonshot, Health Moonshot Communities, Health Moonshot Update, Logan Plaster, Ole Kjerkegaard Nielsen, Ole Nielsen, T1D, T1D Moonshot, Type 1 Diabetes, Type 1 Diabetes MoonshotNicole Kinsey

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Hope and Progress in Type 1 Diabetes Management

In honor of World Diabetes Day earlier this week, this podcast episode celebrates the strength of our T1D Moonshot Community and explores innovative solutions for better insulin delivery management.

This episode features inspiring conversations with:

Ole Kjerkegaard Nielsen, PhD, CEO & Co-founder of GO-Pen: Making insulin pens more affordable and accessible
Bill Ervin, CEO & Founder of Bulsai: Revolutionizing injection techniques for optimized results

Discover how these groundbreaking ventures are:

Empowering patients with better tools and technology
Addressing key frustrations in current diabetes management

Plus, learn about StartUp Health’s Health Moonshot Communities, like the T1D Moonshot Community, and how they connect founders tackling the biggest health challenges, such as Type 1 diabetes.

This episode is a must-listen for anyone impacted by Type 1 diabetes, healthcare professionals, and innovators passionate about improving patient lives.

Listen now and join the movement for a brighter future!

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Master the Art of Storytelling: Chrissy Farr’s Guide for Health Tech Founders

October 25, 2024Business, Health, Innovation, StartupsChrissy Farr, Digital Health, Health Tech, Logan Plaster, Manatt, Masterclass, StorytellingNicole Kinsey

Podcast: Play in new window | Download (52.0MB)

Elevate your startup’s narrative with Chrissy Farr, a renowned health tech journalist and investor.

In this Masterclass, members of StartUp Health’s Health Moonshot Communities had a chance to interact directly with Farr, Managing Director at Manatt Health, and health tech investor, advisor, and author of Second Opinion. Farr has impressive communications savvy and a deep understanding of the health industry and emerging trends, with an emphasis on the intersection of health and venture capital. She provides a range of go-to-market, fundraising / investor relations, social media strategy, content development and communications counsel to both emerging and established companies as well as the investors behind them.

In this insightful episode, you’ll learn:

The power of storytelling in shaping your company’s future
How to craft compelling narratives that resonate with investors and the media
Leveraging AI tools like ChatGPT for effective communication
Balancing founder time between operations and communications
Quantifying the impact of your communications efforts
The role of social media in your strategy

This episode is a must-listen for any health tech founder looking to refine their messaging and build a stronger brand.

Tune in now to unlock the secrets of effective storytelling!

Do you want to attend Masterclasses live and ask your questions of experts? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Robert Garber of 7wireVentures: I’m Afraid of Incrementalism

October 17, 2024Business, Health, Innovation, Startups7Wire Ventures, 7wireVentures, fundraising, Health Moonshot Communities, Health Moonshots, HealthTech Investor, impact investing, Logan Plaster, Robert GarberNicole Kinsey

Podcast: Play in new window | Download (51.9MB)

Struggling to secure funding for your healthcare startup? A top health tech investor from 7wire says: Let’s stop “nibbling at the edges” and collaborate on true Health Moonshots.

Join StartUp Health as we unlock the fundraising secrets from a top health tech investor, Robert Garber.

In this Masterclass held live for members of StartUp Health’s Health Moonshot Communities, Garber, a partner at 7wireVentures, shares his 30 years of investing, advising, and operating experience in a discussion on negotiating term sheets that not only close deals but also create long-term value for startup founders.

Hear him discuss:

Why “incrementalism” is a fundraising killer
The importance of intellectual honesty for founders
Striking gold with contract-market fit instead of just product-market fit
Red flags investors see in early-stage companies

Plus, get tactical insights from live audience Q&A with founders!

This episode is a must-listen for any entrepreneur in healthcare seeking funding to take their innovation to the next level.

Listen now and gain a competitive edge!

Are you ready to join a Health Moonshot Community and attend Masterclasses live? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Canopie’s Successful Seed Round Fundraise Provides Personalized Mental Health Support for New Moms

October 10, 2024Business, Health, Innovation, StartupsAnne Wanlund, Canopie, Health Moonshot, Health Transformer, Innovation, Logan Plaster, mental health, womens healthNicole Kinsey

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Meet Anne Wanlund, the Health Transformer taking on maternal mental health with her groundbreaking platform: Canopie. Canopie joined StartUp Health in 2021, shortly after launching. Now, a couple years in and Canopie appears to be resonating. They’ve just closed a $3.7M raise, a huge feat for a new startup led by first-time founders.

Hear her story:

From policy advocate to passionate entrepreneur
Building a solution fueled by a powerful personal experience
Canopie’s innovative approach to accessible mental health support
Strategies for securing funding in a challenging climate
Unlocking honesty with digital resources

Plus, discover:

Canopie’s comprehensive platform for preventing and treating maternal health conditions
How Canopie identifies and connects at-risk mothers with evidence-based care
The range of services offered to both mothers and care partners
Canopie’s impact on reaching thousands of moms across the United States and United Kingdom

This episode is a must-listen for anyone passionate about women’s health, innovation, and the power of entrepreneurship in making a difference.

Are you ready to join a Health Moonshot Community? Members of our Health Moonshot Communities are leading startups with breakthrough technology-driven solutions for the world’s biggest health challenges. If you’re mission-driven, collaborative, and ready to contribute as much as you gain, you might be the perfect fit. Learn more and apply today.

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Former CEO of Cleveland Clinic Talks Leadership and the Economics of Hospital Innovation

October 2, 2024Business, Health, Innovationcleveland clinic, Hospitals, Innovation, Leadership, Logan Plaster, Masterclass, Toby CosgroveNicole Kinsey

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A Masterclass with Healthcare Heavyweight Dr. Toby Cosgrove

Join StartUp Health for a Masterclass with a healthcare visionary: Dr. Toby Cosgrove, former CEO of the #2 ranked hospital in America, Cleveland Clinic, and a member of StartUp Health’s Board of Directors.

In this exclusive episode, you’ll hear Dr. Cosgrove discuss:

Hospital economics and the state of healthcare delivery
Leadership insights gleaned from his 13-year tenure
Building a legacy of excellence at Cleveland Clinic
Q&A with members of the StartUp Health community on navigating the healthcare landscape

This episode is a must-listen for anyone passionate about healthcare innovation, leadership strategies, and the future of American hospitals.

Listen now and gain Dr. Cosgrove’s invaluable insights!

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

Are You Ready to Join a Health Moonshot Community?

September 19, 2024Business, Health, Innovation, StartupsAlzheimer's Moonshot, community, Health Moonshot Communities, Health Moonshots, Innovation, Logan Plaster, StartUp Health, Steven Krein, T1D Moonshot, Unity StoakesNicole Kinsey

Podcast: Play in new window | Download (35.3MB)

Want to be part of the StartUp Health community? This special episode of StartUp Health NOW goes behind the scenes here at StartUp Health as we unveil new health moonshot community offerings!

Join host Logan Plaster as he talks with the co-founders of StartUp Health, Steven Krein and Unity Stoakes, on the evolution of StartUp Health’s global community.

Discover:

An exciting new offering for the StartUp Health community
Exclusive events and a new member app fostering deeper connections
The unifying idea that fuels community success
How YOU can qualify for a health moonshot community and apply

This episode is a must-listen for anyone interested in the future of healthcare innovation and the power of community in driving change.

Listen now and learn how you can get involved!

Want more content like this? Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.