BOSTON – MassChallenge, a global network of startup accelerators, awarded $200,000 in cash prizes last week to three digital health startups from the 2018 cohort of PULSE@MassChallenge competition.
“We are thrilled by the results of this year’s program,” said Nick Dougherty, program director of PULSE, in a statement. “The 2018 cohort received over 100 offers from our Champion partners, touched millions of patient lives, earned millions in funding, and generated millions in revenue.”
This year’s winners include:
- Leuko ($100,000), providers of a non-invasive device for the screening of severe neutropenia;
- InsightRX ($60,000), a platform that enables data-driven health care with quantitative pharmacology and machine learning; and
- Fitly ($40,000), providers of SmartPlate, an intelligent nutrition platform that uses computer vision, deep learning and proprietary image recognition techniques to help consumers and patients track their food intake.
In addition to the program winners, the following startups were also awarded through generous support from PULSE partners:
The Sunovion Startup Choice Award ($10,000): Medumo, which delivers navigation and instructional support to help patients successfully complete and recover from their care;
The Mayo Clinic People’s Choice Award ($10,000): Multisensor Diagnostics, a health and disease management device and software company; and
The Massachusetts Competitive Partnership Women in Digital Health Award ($10,000): Folia Health
Folia Health, which allows family caregivers and chronic disease patients to capture detailed information on symptoms, treatments, side-effects and more at home.
As part of the Massachusetts Digital Health Initiative, the Massachusetts eHealth Institute at MassTech and the Massachusetts Health Policy Commission announced that they will double the Commonwealth’s annual commitment to PULSE, bringing the total investment to $340,000 over the coming year. In addition, MeHI will also invest an additional $80,000 into TechSpring, Baystate Health’s innovation center in Springfield, to support programming there.
Also, AARP announced that it will jointly support PULSE and MassChallenge’s newest vertical accelerator, MassChallenge FinTech, over the next three years.
Launched as a strategic component of Mass Digital Health and fueled by public-private partnerships, PULSE accelerates the impact of digital health startups around the world, at zero cost and for zero-equity. It connects startups with industry champions that support entrepreneurs throughout the six month-long program by facilitating key advisor introductions, pilots, research and investment opportunities.