Launchpad Digital Health Funds First Five Companies

Launchpad Digital HealthSan Francisco, CA-based Launchpad Digital Health has funded its first five digital health companies.

Led by Fred Toney, co-founder and chief executive officer, Launchpad Digital Health provides each company with up to a $300k investment, a one year-long program co-located with other startups in digital health sector and the Launchpad Digital Health founders, and weekly ongoing engagement with Launchpad Digital Health’s founders, partners and mentors.

The accelerator is backed by Wilson Sonsini Goodrich & Rosati (WSGR), a Silicon Valley- and San Francisco-based law firm operating in the technology and healthcare sectors, EisnerAmper LLP; Merrill Lynch Venture Services (BofA); Woodruff Sawyer; Platinum Advisors; and Mavericks Capital, among others.

The first batch includes:
AddApp, which provides users with personalized health insights to help them be at their best;
Lyfechannel, which builds mobile programs for patients to build core habits in physical activity, diet, etc., to manage long-term diseases.
Medable, a SaaS (software as a service) platform that allows companies, providers and payers to manage patient engagement clinical applications, store personal health information and comply with HIPAA and other regulations.
QueueDr, which allows doctors to fill openings in their schedule in less than one minute using text messaging., a virtual nurse providing personalized monitoring and follow-up care, with a focus on chronic diseases.

Launchpad Digital Health will soon begin accepting business plan applications for its next class of companies in the digital health sector. Applications will be accepted through year-end 2014.



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