Health investor and entrepreneur Dave Chase says 98 percent of health tech startups are zombies right now—but the Quadruple aim could help some rise from the ashes to begin anew.Billions in venture capital (VC) funding may have poured into digital health over the last few years (more than $4.5 billion in 2015 alone), but it looks like many startups may have bitten off more than they can chew, and as a result, imminently face biting the dust before reaching profitability. At least, that’s the
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OurCrowd Launches Israel’s First $50M Digital Health Fund
OurCrowd, an Jerusalem-based global equity crowdfunding platform for accredited investors has launched Israel's first $50 million fund to invest in digital health startups. The new fund called OurCrowd Qure will focus on digital health startups at seed and series A stages in Israel, the US and the Asia Pacific region. Allen Kamer and Dr. Yossi Bahagon has been appointed to lead the fund.OurCrowd Qure has established a collaboration with Johns Hopkins University to provide validation of value,
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Rock Health Graduates its First Boston Class of Startups
Digital Health accelerator Rock Health graduates its first class of Boston startups presenting at their third “Demo Day” In Mountain View, CA to showcase their businesses
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Report: Business Models in Digital Health: B2B & B2C
Besides clearly defining your problem and solution for your digital health startup, entrepreneurs must be able to clearly define and articulate how they are going to make money. Rock Health, digital health accelerator for startups recently released their Rock Report, Business Models in Digital Health that sources data from entrepreneurs and investors working in the space, as well as relevant industry research. The report showcases the distinct trade offs and opportunities for
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HIT Innovation Founder Stories:Jakob Jønck, Co-Founder, Endomondo Pt.2
First edition of HIT Innovation Founder Stories, we speak with Jakob Nordenhof Jønck, Co-Founder of Endomondo, where Jakob shares his story of how three former McKinsey & Co. management consultants (all former semi or professional athletes) took their passion for active, healthy lifestyles and created Endomondo, a social fitness application that turns mobile phones into full-fledged personal trainers. Endomondo is a great example of how technology can be utilized as a tool to provide
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HIT Innovation Founder Stories:Jakob Jønck, Co-Founder, Endomondo
There is an emerging community of digital health entrepreneurs utilizing technology innovation to help transform healthcare. In an effort to provide coverage of this growing community and inspire future digital health entrepreneurs, HIT Consultant has launched “HIT Innovation Founder Stories” where we will speak with a digital health founder to share their journey from inception to launch, obstacles/challenges, and lessons learned.
In our first HIT Innovation Founder Stories, we speak with
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