Tag Archives: Health Transformers

How Lifestores Is Using Their $3M Raise to Upgrade Drug Procurement in West Africa



Our guest this week is Andrew Garza, co-founder of Lifestores Healthcare, a company that joined StartUp Health in 2019.

When Andrew and his co-founder Bryan Mezue were launching their business in Lagos, Nigeria, their focus was on creating a chain of tech-enabled pharmacies – and by doing so, they’d create an accessible avenue for primary care in one of the fastest-growing cities in the world.

Fast forward a few years and they’ve done a couple key things, which we’ll cover in the interview. They’ve layered on top of the pharmacy business a platform for drug procurement and logistics that saves hospitals money while raising the bar on quality. And, they’ve raised a $3M pre-Series A, which will allow them to expand in exciting ways. We’ll get into all of that in the conversation, plus hear a bit about Andrew’s journey from the East Coast of the US to the West Coast of Africa.

We hope you enjoy.


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


ChatGPT Was Just the Beginning: Victor Wang on the Future of AI in Healthcare



Victor Wang, CEO & Founder of StartUp Health company care.coach, is at the tip of the spear of the AI-in-health revolution. He’s got an insider’s understanding of how technology like ChatGPT will shape healthcare. An MIT-trained roboticist who worked for NASA, Victor has created a conversational avatar that cares for seniors and people with disabilities. Currently there’s a human in the loop, but as you’ll hear in the interview, Victor has no trouble imagining a future where conversational AI is able to care for people in a more autonomous, scaleable way.

Perhaps most telling, and timely, about this interview, is hearing Victor’s words of caution about the future of artificial intelligence in healthcare and the burden that rests on companies doing this work to get it right, so that we don’t have an AI backlash and lose out on all the ways this technology can help humanity.

Victor is a brilliant founder and always a pleasure to sit down with, even on the noisy floor of a healthcare conference like ViVE. We hope you enjoy.


Funders: Become a Health Moonshot Champion
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.

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


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 
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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.

 


New Hubs for Health Innovation: Why These Health Transformers Are Building Their Startups in Columbus, Pittsburgh & Baltimore



Every quarter we publish a little thing called the StartUp Health Insights report. It’s all about health innovation funding, and one of the data points we track is where in the world health innovation funding is landing. We call these health innovation hubs, and the same three or four cities always dominate the list. Companies in San Francisco, New York, Boston, and London account for the vast majority of dollars raised in healthcare.

However, at StartUp Health, we know it takes a global village to transform health and there is so much inspiring work happening outside of these cities. Steve Case, former CEO of AOL and an early investor in StartUp Health, famously launched the “Rise of the Rest” campaign which was aimed at showcasing the innovation happening in so-called “flyover cities” like St. Louis, Detroit, and Omaha.

We agree with Case that it’s imperative that we back entrepreneurs in more places in order to benefit from a diversity of thought and experience. At StartUp Health we’ve invested in companies from 29 countries, so we wanted to take an episode of the podcast and dedicate it to a few of these stories. Great startups being built in, let’s call them, “less conspicuous” cities.

In this StartUp Health NOW episode, you’ll hear interviews with Health Transformers from our portfolio who have chosen to build their companies near Columbus, Baltimore, and Pittsburgh. And not because they couldn’t pay the San Francisco rent, but because these environments held hidden gems and opportunities for their businesses, from local talent to affordable workspaces to engaged professional networks.


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.
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.

Raising My First Million: The Health Moonshot Mindsets & Tactics That Helped Perceiv AI Close $1.5M During a Down Market



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

It’s no secret that 2022 was a down year for health innovation funding. Earlier this month we published our Year-End Insights Report, which showed a 50% drop-off in digital health funding compared with 2021. Of course, you have to take those numbers in context. For one, 2021 was a crazy, exuberant year for funding, fueled by a COVID-induced rush to virtual healthcare. Second, when you look at health innovation funding over 10 years, we’re still on a dramatic upward growth curve.

That said, 2022 was a scary year for startups that needed to raise funds, so we called up a founder in the StartUp Health portfolio who’d made it happen. Christian Dansereau, PhD, CEO and Co-founder of Perceiv AI, closed his first round, $1.5M, in November 2022, while many other companies were experiencing down rounds, acquisitions, and or even closing their doors.

So, how’d they raise their first million plus in spite of rocky market conditions? What strategies and mindsets did they use that other founders can learn from? In this podcast episode, we get tactical about lead gen, decks, and nailing your first meeting, and also talk about the importance of aligning with partners at a health moonshot level.


Learn more and connect with Health Transformers like Perceiv AI.

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.
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.

AI-Powered Health: Naheed Kurji of Cyclica Takes a Deep Dive into Artificial Intelligence for the Healthcare Industry



Our guest this week is Naheed Kurji, the CEO and Co-founder of Cyclica, which joined StartUp Health way back in 2014. He’s going to get us up to speed on the world of AI-powered drug discovery. We’ll learn how artificial intelligence and machine learning are speeding up our ability to identify molecules and find new uses for market-tested drugs. Naheed will give us an inside look at how Cyclica is specifically trying to reshape this market, then he’ll zoom way out. As the chair of the Alliance for Artificial Intelligence in Health, Naheed can help us understand where the AI for health industry is going.

Join us at the StartUp Health Festival @ HLTH, Nov 13-16, 2022, in Las Vegas to meet Naheed Kurji in person.


Learn more and connect with the team at Cyclica.

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

Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
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.
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.

 


Health Innovation Implementation: Dr. Robert Wilson on How Partnering with PreventScripts Enhanced His Medical Practice



Typically on this show we talk to the health tech founders – who we call Health Transformers – that are creating the tools and platforms that will modernize our health system. This week we have a different kind of guest who will help round out the picture of how healthcare innovation goes from idea to real-world implementation.

Our guest is Robert Wilson, MD, a family physician who runs CovenantCare Family Practice, a multi-site medical practice in Tennessee. Dr. Wilson popped up on our radar because he was an early partner for PreventScripts, a startup that’s part of the StartUp Health portfolio. PreventScripts, led by Brandi Harless and Natalie Davis, MD, has created a platform that helps family doctors like Dr. Wilson identify patients who would benefit from chronic care management. Think about a patient who is pre-diabetic and all signs point towards a long battle with Type 2 diabetes. While Dr. Wilson might be too overextended to identify and coach this patient before the disease sets in, PreventScripts can identify the risk and put the patient on a clinically-proven program. Patients with chronic diseases, or the risk of disease, get heightened care between visits, and Dr. Wilson gets added reimbursement.

We wanted to talk to Dr. Wilson to understand why he was interested in partnering with a health startup, as this is one of the key hurdles for any health innovator. How do you find the right clinical partner, a place to prove out your brilliant idea in the real world, and then iterate based on user feedback?

In the conversation, we’ll get into the real-world challenges that Dr. Wilson faces, his motivation for evolving his practice, and how PreventScripts has helped him fill gaps in patient care.


Learn more and connect with the team at PreventScripts.

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

Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
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.
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.

Affectifi’s ThinkHuman Platform Uses Streaming TV to Make Emotional Regulation Easy, Fun, and Accessible



Emotional regulation. It’s a fancy term for something very simple, and something we often take for granted. Emotional regulation is a person’s ability to effectively manage and respond to an emotional experience. We do this work unconsciously all day long, deciding how to respond when we’re cut off in traffic or when we see something we disagree with on social media.

How we respond to emotional situations can have massive ramifications for our lives, yet we don’t typically spend much time thinking about it or trying to improve.

Our guests this week, Melissa Cesarano and Ilya Lyashevsky, got their PhDs at Columbia University studying the science of this field, called social-emotional learning. Now, they’ve poured their academic work into a startup called Affectifi, which StartUp Health backed last year.

In this conversation, we’ll hear from Mel and Ilya about their unique methodology for teaching emotional regulation to young people. It’s a platform called ThinkHuman and it actually piggy-backs training modules on top of popular content on streaming platforms like Netflix and Disney+.

Listen in to hear how it works.


Learn more and connect with the team at Affectifi.

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

Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
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.

At Trusty.care, Joseph Schneier Is Building a Better Infrastructure for Medicaid and Medicare Benefits



This week on StartUp Health NOW we’re talking to Joseph Schneier, the CEO and Co-founder of Trusty.care, a company that joined StartUp Health in 2018. Joseph holds a special place here at StartUp Health because not only is he a four-time serial entrepreneur, but he’s heading up his second StartUp Health-backed company.

Joseph’s latest endeavor, Trusty.care, is a platform that makes sense out of the byzantine world of Medicaid and Medicare benefits. It’s not flashy work – which Joseph is the first to admit – but therein lies the opportunity for impact. The chance to build a better infrastructure for health, the pipes and roads that make health insurance a more palatable, patient-centric experience.

Trusty.care is making waves in the Medicaid/Medicare benefits market, and in this interview we pull back the curtain on that success and get a glimpse of what Joseph is planning next.


Learn more and connect with the team at Trusty-care.
Entrepreneurs: How to get investment from StartUp Health startuphealth.com

Investors: How to invest in StartUp Health Moonshots healthmoonshots.com
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.