While everyone expects a decline in venture funding, 2016 has been another strong year for Digital Health. Digital Health startups finished the first half of 2016 with a total venture funding of over 2 billion dollars. As one of the industries that receive a lot of attention, Digital Health still has space to grow. With this vision in mind, angelMD brought 5 leading Digital Health startups in front of many potential investors at the Washington Athletic Club on October 5th. These startups were the winners of our Digital Health Challenge.
Digital Health Challenge is a valuable opportunity for the startups to showcase their ideas and achievements. Since August, we received an impressive amount of applicants, making our selection competitive. Based on the applications, and our custom scoring algorithm, angelMD chose 5 winning startups rewarded with the opportunities to present in front of a room full of physicians and investors in Seattle and Houston. These five winners and presenters are:
Eko Devices (profile)-Jason Bellet (COO)
Listen.MD (profile)-Patrick Leonard (CEO)
Medici (profile)-Clint Medici (CEO)
Monclarity (profile)-Kyle Meyer (Director of Marketing), Uzi Hadar
Precision Image Analysis (PIA) (profile)- Mary Waiss (CEO)
The Digital Health Challenge is not only a great opportunity for the digital health startups raising capital, but it also helps investors learn more about the companies. After our Seattle event, feedback from investors indicated they were thoroughly impressed with the mixture and caliber of the digital health startups presenting at the Digital Health Challenge. “Our goal is to drive investment capital for these deserving companies, then get to work helping them to succeed in the marketplace” Tobin Arthur, CEO angelMD.
In addition to the Seattle event, angelMD is going to hold another event in Houston on November 18th (RSVP). The five winners will have the valuable opportunity to present to larger audiences and investors.
angelMD is a software platform and marketplace that connects medical startups, physicians investors and industry to generate better outcomes for all. angelMD’s mission is to invest the future of healthcare. For more information, please check out angelMD website: www.angelmd.co.