Health Wildcatters, a Dallas-based mentorship-driven healthcare seed accelerator, announced cumulative fundraising results from its two startup classes today, reporting that the 22 companies collectively raised more than $10 million in the two years since the program began.
The announcement comes just ahead of the June 15 deadline for startups to apply to the 2015 accelerator program and become a part of Health Wildcatters’ third startup class. Last month Health Wildcatters announced results from its 2014 class of startups, which raised a total of $4.5 million within five months of the program. The funding amount from both classes is constantly growing, as a number of companies are currently in the middle of funding rounds.
Companies do not disclose funding until they close their rounds; however, many Health Wildcatters alumni have already done so and announced those milestones. From the 2014 class, these include: Lantern Pharma, which raised nearly $1 million in less than three months after the program; Silicone Arts Labs, which raised $1.5 million in the four months following the program; and Orb Health, which raised $650,000 in the same time period.
“We’d like to think this fundraising success indicates that the model we’ve created at Health Wildcatters is working,” says Hubert Zajicek, Health Wildcatters CEO. “The program focuses on providing these startups with the tools they need to grow their businesses and contribute to healthcare innovation—and their ability to secure interest, support and capital from investors is a sign that we’re succeeding.”
For more information on Health Wildcatters visit healthwildcatters.com. The program is currently accepting applications for the 2015 class, which will be selected in July. The application deadline is Monday, June 15, 2015. Applications can be submitted online at f6s.com/healthwildcatters2015.
