– MassChallenge, a network of zero-equity startup accelerators, has awarded $220,000 in cash to five digital health startups as part of its HealthTech accelerator program.
To select the winners, MassChallenge consulted with healthcare industry experts to evaluate the startups based on their ability to demonstrate traction, growth, and impact. The experts chose the winners from the 2019 cohort of 31 startups.
Over the six-month HealthTech accelerator program, the 31 startups partnered with industry leaders to develop digital health products to solve healthcare challenges
“The 2019 cohort made exceptional progress, impacting millions of lives, securing over $26M in funding and $5M in revenue, and supporting over 400 jobs during the program,” said Nick Dougherty, managing director of MassChallenge HealthTech.
The five winners of the cash awards are:
- Boston-based 1upHealth, which provides patient data aggregation platform for app developers, providers, and patients: $110,000
- Mountain View, CA-based GoGoGrandparent, which helps older adults use on-demand transportation companies without needing a smartphone: $40,000
- Waltham, MA-based Pixm, which develops artificial intelligence technology that uses visual recognition to detect zero-day phishing attacks: $40,000
- Boston-based Marigold Health, which provides a mobile app for anonymous text-based group psychotherapy: $20,000
- Jersey City, NJ-based Welnys, which offers an analytics-based workplace wellness program: $10,000
MassChallenge HealthTech accelerator partners include the Massachusetts government, the Boston city government, the Massachusetts Competitive Partnership, the Massachusetts eHealth Institute, Beth Israel Lahey Health, Boston Children’s Hospital, Brigham and Women’s Hospital, Harvard Pilgrim Health Care, Massachusetts General Hospital, Partners Healthcare Pivot Labs, and TechSpring at Baystate Health.
Earlier this year, the Mayo Clinic and Arizona State University selected six digital health startups for their MedTech accelerator program.
The accelerator, which is part of the Mayo Clinic Arizona State University Alliance for Health Care, is designed for early stage medical device and health IT companies.
“The inaugural cohort of the program consists of six extremely dynamic startups with product offerings we feel are poised to improve patient care and outcomes through their new innovations,” said Steven Lester, MD, a Mayo Clinic cardiologist and medical director of the accelerator.