DreamIt Health is an accelerator based in Philadelphia, Pennsylvania, dedicated to nurturing health technology startups, particularly in the fields of digital health, medical devices, and diagnostics. The firm offers a rigorous 3-6 month program that provides entrepreneurs with seed funding, mentorship, office space, and access to a network of potential investors and partners. DreamIt Health focuses on companies that have established revenue or are in the pilot phase, helping them scale effectively. The accelerator also facilitates Customer Sprints®, allowing founders to connect with numerous potential customers, alongside Investor Sprints® for pitching to leading venture firms. Since its inception in 2008, DreamIt Health has successfully accelerated over 320 startups, including well-known names such as LevelUp and Trendkite, contributing significantly to the growth of innovative health solutions.
3401 Market Street, Suite 201 Philadelphia, PA 19104
Mel Shakir
Partner - Securetech
Past deals in Pennsylvania
Stel Life
Pre Seed Round in 2021
Stel Life, Inc. is a healthcare technology company based in Philadelphia, Pennsylvania, founded in 2016. The company specializes in creating a gateway that seamlessly connects to various wireless vitals devices, particularly those approved by the FDA. Stel's innovative approach allows patients to connect with their care teams without the need for Wi-Fi, smartphones, or technical experience. By utilizing a Stel Node, patient data from health devices is passively and securely transmitted to the care team’s Electronic Health Records (EHR) or preferred platforms. This process ensures that Protected Health Information (PHI) remains secure while simplifying the workflow for healthcare providers. Stel Life aims to bridge the digital divide in healthcare by facilitating efficient communication and monitoring, ultimately enhancing patient care.
Stel Life
Non Equity Assistance in 2020
Stel Life, Inc. is a healthcare technology company based in Philadelphia, Pennsylvania, founded in 2016. The company specializes in creating a gateway that seamlessly connects to various wireless vitals devices, particularly those approved by the FDA. Stel's innovative approach allows patients to connect with their care teams without the need for Wi-Fi, smartphones, or technical experience. By utilizing a Stel Node, patient data from health devices is passively and securely transmitted to the care team’s Electronic Health Records (EHR) or preferred platforms. This process ensures that Protected Health Information (PHI) remains secure while simplifying the workflow for healthcare providers. Stel Life aims to bridge the digital divide in healthcare by facilitating efficient communication and monitoring, ultimately enhancing patient care.
NeuroFlow
Series A in 2019
NeuroFlow, Inc. is a digital health company based in Philadelphia, Pennsylvania, that specializes in providing a platform for behavioral health and patient engagement throughout the mental healthcare continuum. Founded in 2016, NeuroFlow offers cloud-based tools designed for remote patient monitoring and the integration of behavioral health across various care settings, including psychology, primary care, and pain management. The platform empowers healthcare providers to track and engage patients through evidence-based practices, enhancing patient compliance and overall wellness. NeuroFlow's solutions cater to a diverse range of stakeholders, including practices, clinics, hospitals, health plans, and individuals. The company collaborates with several strategic partners, such as Smart Health Innovation Lab and Mental Health America, to further its mission of improving mental health outcomes.
Haystack Informatics
Venture Round in 2017
Haystack Informatics, Inc. is a digital health company based in Philadelphia, Pennsylvania, focused on developing software that monitors patient privacy and insider threats for healthcare organizations. Founded in 2014 and spun out from the Children's Hospital of Philadelphia, the company offers solutions that can be deployed in the cloud or on premises. Its software leverages activity log data from electronic health record (EHR) systems to analyze interactions between healthcare staff and patients, identifying anomalous behavior that may indicate privacy breaches. By utilizing multiple detection engines, Haystack Informatics enables healthcare organizations to gain insights into staff conduct and optimize both EHR usage and operational efficiency. As of early 2019, Haystack operates as a subsidiary of Iatric Systems, Inc.
Keriton
Seed Round in 2017
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.
Cloudamize
Convertible Note in 2016
Cloudamize, Inc. is a Philadelphia-based company that operates a SaaS platform focused on real-time analysis of cloud usage data, encompassing key areas such as spending, performance, security, and availability. Founded in 2011, Cloudamize provides powerful tools for optimizing cloud infrastructure and capacity planning, helping businesses achieve significant cost savings while enhancing performance. The platform employs predictive analytics to recommend optimal strategies for right-sizing and pricing cloud resources, delivering actionable insights for current and future configurations. Additionally, Cloudamize offers comprehensive monitoring capabilities, enabling users to receive targeted alerts, access detailed system metrics, and investigate the root causes of issues, thereby simplifying cloud migration and cost management.
Keriton
Venture Round in 2016
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.
Oncora Medical
Seed Round in 2016
Oncora Medical, Inc. is a digital health company focused on enhancing radiation oncology through an innovative analytics platform. Founded in 2014 and based in Philadelphia, Pennsylvania, the company provides tools that facilitate the integration of clinical data from electronic medical records, treatment planning software, and oncology information systems. This allows radiation oncologists to make personalized treatment recommendations based on historical data and predictive analytics. The platform also employs machine learning algorithms to analyze patient outcomes, enabling oncologists to improve cancer care and optimize treatment strategies. By leveraging real-world data, Oncora Medical aims to support better healthcare decisions and ultimately enhance patient outcomes in radiation oncology.
Allevi
Seed Round in 2015
Allevi develops innovative tools for designing and engineering 3D tissues, focusing on bioprinting technology. The company offers desktop 3D bioprinters that allow users to create functional three-dimensional living tissues using various biomaterials and cell lines. Additionally, Allevi provides bioinks made from collagen and hyaluronic acid, which are available for purchase online. Their cloud-based platform, Bioprint Online, enables users to design complex structures, define materials, and monitor the printing process. Allevi's products serve a diverse clientele, including researchers in tissue engineering, regenerative medicine, and cell biology, as well as industrial and pharmaceutical companies for drug testing and development, and educators. Established in 2014 and based in Philadelphia, Pennsylvania, Allevi was formerly known as BioBots, Inc.
Oncora Medical
Seed Round in 2015
Oncora Medical, Inc. is a digital health company focused on enhancing radiation oncology through an innovative analytics platform. Founded in 2014 and based in Philadelphia, Pennsylvania, the company provides tools that facilitate the integration of clinical data from electronic medical records, treatment planning software, and oncology information systems. This allows radiation oncologists to make personalized treatment recommendations based on historical data and predictive analytics. The platform also employs machine learning algorithms to analyze patient outcomes, enabling oncologists to improve cancer care and optimize treatment strategies. By leveraging real-world data, Oncora Medical aims to support better healthcare decisions and ultimately enhance patient outcomes in radiation oncology.
CareCierge
Seed Round in 2015
CareCierge, Inc. is a Philadelphia-based company founded in 2015 that specializes in providing support and resources for employees who are caregivers. The company offers a tailored care coordination plan, access to a dedicated care advisor, and online tools designed to enhance the caregiving experience. By focusing on employee engagement and well-being, CareCierge aims to help employees manage the challenges of caring for aging or ill loved ones, ultimately reducing lost productivity and healthcare costs. Its platform serves as a comprehensive resource for caregivers, providing actionable guidance and practical solutions to improve their caregiving situations.
Lia
Pre Seed Round in 2015
LIA Diagnostics Inc. is a company based in Philadelphia, Pennsylvania, that specializes in developing innovative pregnancy test kits. Founded in 2015, the company focuses on addressing key issues associated with traditional pregnancy tests, specifically privacy, usability, and sustainability. LIA's test kits are made from eco-friendly materials, containing no plastic, and are designed to be foldable, flushable, and easy to carry. This design allows users to conduct tests discreetly and conveniently, while also minimizing confusion in test interpretation. By prioritizing sustainability and user experience, LIA Diagnostics aims to redefine the pregnancy testing process for women.
RegDesk
Seed Round in 2014
RegDesk, Inc. is a Philadelphia-based company that operates an online marketplace connecting life sciences companies with regulatory consultants in various countries. Its platform facilitates the process for biotech, medical device, and pharmaceutical companies to find, hire, track, and pay in-country experts who assist in obtaining product approvals in international markets. RegDesk serves as a crowdsourcing hub for healthcare professionals specializing in regulatory, quality, and patient privacy issues, simplifying the navigation of country-specific regulations. The platform streamlines the entire process, from finding consultants and negotiating contracts to monitoring project milestones and facilitating payments. Additionally, RegDesk provides services such as dispute resolution and a money-back guarantee, enhancing the overall experience for its users. The company also employs artificial intelligence to improve compliance management for global medtech firms, helping them expedite the market entry of medical devices while adapting to evolving regulatory standards.
Allevi
Pre Seed Round in 2014
Allevi develops innovative tools for designing and engineering 3D tissues, focusing on bioprinting technology. The company offers desktop 3D bioprinters that allow users to create functional three-dimensional living tissues using various biomaterials and cell lines. Additionally, Allevi provides bioinks made from collagen and hyaluronic acid, which are available for purchase online. Their cloud-based platform, Bioprint Online, enables users to design complex structures, define materials, and monitor the printing process. Allevi's products serve a diverse clientele, including researchers in tissue engineering, regenerative medicine, and cell biology, as well as industrial and pharmaceutical companies for drug testing and development, and educators. Established in 2014 and based in Philadelphia, Pennsylvania, Allevi was formerly known as BioBots, Inc.
Bestimators
Seed Round in 2014
Bestimators LLC operates an online platform that connects homeowners in the United States with service providers for various home improvement projects. The platform allows users to sign up, schedule appointments for home inspections, and collect measurements. It compiles priced proposals from local contractors, enabling customers to select their preferred service providers and place deposits for services. Founded in 2014 and based in Philadelphia, Pennsylvania, Bestimators focuses on remodeling services for residential properties, including roofing solutions and advisory services from contractors.
Fitly
Seed Round in 2013
Fitly, Inc. develops a mobile web application and countertop device aimed at helping families and children plan, purchase, and prepare healthy meals. The SmartPlate App features food recognition technology, allowing users to choose from specific health goals or create custom plans. When paired with a countertop device, it offers precise image recognition, nutrient analysis, and meal tracking capabilities. The app also provides access to a comprehensive database of packaged and restaurant foods for convenient tracking, along with personalized tips and feedback. Additionally, the SmartPlate TopView device analyzes entire meals and offers guidance on healthy eating habits. Fitly's solutions address various health-related needs, including weight management, endurance, hydration, and portion control. Established in 2011 and headquartered in Philadelphia, Pennsylvania, Fitly is committed to enhancing human health and longevity through innovative nutritional technology.
Aircare
Seed Round in 2013
AirCare Labs LLC, based in Philadelphia, Pennsylvania, operates a remote monitoring and telehealth platform designed to assist hospitals in preventing patient readmissions and enhancing overall patient outcomes. The company offers a mobile and web video application that facilitates video telenursing and utilizes patient-specific analytics. This innovative approach allows clinicians to monitor and engage with patients remotely, improving nurse efficiency and patient satisfaction. By focusing on these aspects, AirCare aims to support healthcare institutions in delivering better care and reducing the likelihood of hospital readmissions. As of March 31, 2015, AirCare Labs LLC functions as a subsidiary of RightCare Solutions, Inc.
Cloudamize
Convertible Note in 2013
Cloudamize, Inc. is a Philadelphia-based company that operates a SaaS platform focused on real-time analysis of cloud usage data, encompassing key areas such as spending, performance, security, and availability. Founded in 2011, Cloudamize provides powerful tools for optimizing cloud infrastructure and capacity planning, helping businesses achieve significant cost savings while enhancing performance. The platform employs predictive analytics to recommend optimal strategies for right-sizing and pricing cloud resources, delivering actionable insights for current and future configurations. Additionally, Cloudamize offers comprehensive monitoring capabilities, enabling users to receive targeted alerts, access detailed system metrics, and investigate the root causes of issues, thereby simplifying cloud migration and cost management.
SpeSo Health
Seed Round in 2013
SpeSo Health LLC is a Philadelphia-based company that operates an online analytics platform designed to connect patients with medical experts specializing in rare and complex diseases. The platform utilizes data and statistics to accurately measure expertise in these conditions, facilitating access to the best possible medical care. By linking patients to qualified experts and care centers, SpeSo Health helps individuals find appropriate treatments, clinical trials, and support for their specific health challenges. With over 25 million patients affected by rare and complex conditions in the United States, the company aims to streamline the process of accessing critical healthcare resources.
Fitly
Seed Round in 2013
Fitly, Inc. develops a mobile web application and countertop device aimed at helping families and children plan, purchase, and prepare healthy meals. The SmartPlate App features food recognition technology, allowing users to choose from specific health goals or create custom plans. When paired with a countertop device, it offers precise image recognition, nutrient analysis, and meal tracking capabilities. The app also provides access to a comprehensive database of packaged and restaurant foods for convenient tracking, along with personalized tips and feedback. Additionally, the SmartPlate TopView device analyzes entire meals and offers guidance on healthy eating habits. Fitly's solutions address various health-related needs, including weight management, endurance, hydration, and portion control. Established in 2011 and headquartered in Philadelphia, Pennsylvania, Fitly is committed to enhancing human health and longevity through innovative nutritional technology.
Cloudamize
Seed Round in 2012
Cloudamize, Inc. is a Philadelphia-based company that operates a SaaS platform focused on real-time analysis of cloud usage data, encompassing key areas such as spending, performance, security, and availability. Founded in 2011, Cloudamize provides powerful tools for optimizing cloud infrastructure and capacity planning, helping businesses achieve significant cost savings while enhancing performance. The platform employs predictive analytics to recommend optimal strategies for right-sizing and pricing cloud resources, delivering actionable insights for current and future configurations. Additionally, Cloudamize offers comprehensive monitoring capabilities, enabling users to receive targeted alerts, access detailed system metrics, and investigate the root causes of issues, thereby simplifying cloud migration and cost management.
SnipSnap
Angel Round in 2012
SnipSnap allows anyone to convert a printed coupon into a digital, mobile format, which they can easily search and retrieve on their smartphone. All a user needs to do is snap a picture of the offer (be it from a newspaper insert, direct-mail piece, or otherwise) and the app works its magic to scan all of the printed text and images. Once scanned, a user can not only redeem, but also get expiration-date notifications and in-store reminders. Ted Mann left Gannett (Ted was Digital Development Director for the 6 NJ newspapers) to found SnipSnap and build the company after being accepted into the DreamIt Ventures accelerator program. Kostas Nasis was formerly CTO for a mobile development firm, Amphetamobile, and Kyle Martin was a Senior Multimedia Designer at QVC.
Flirq
Seed Round in 2011
Flirq, Inc. is an online dating platform founded in 2011 and based in Philadelphia, Pennsylvania. The company aims to transform the online dating experience by empowering women to take control of the dating process. Flirq allows women to manage their privacy while providing support from their friends during their search for a date. Men, on the other hand, must engage and impress women to access their full profiles and interact freely. By adopting this game-like approach, Flirq seeks to foster fun and healthy relationships in a safe and supportive environment.
SnipSnap
Seed Round in 2011
SnipSnap allows anyone to convert a printed coupon into a digital, mobile format, which they can easily search and retrieve on their smartphone. All a user needs to do is snap a picture of the offer (be it from a newspaper insert, direct-mail piece, or otherwise) and the app works its magic to scan all of the printed text and images. Once scanned, a user can not only redeem, but also get expiration-date notifications and in-store reminders. Ted Mann left Gannett (Ted was Digital Development Director for the 6 NJ newspapers) to found SnipSnap and build the company after being accepted into the DreamIt Ventures accelerator program. Kostas Nasis was formerly CTO for a mobile development firm, Amphetamobile, and Kyle Martin was a Senior Multimedia Designer at QVC.
Three Screen Games
Seed Round in 2009
Three Screen Games, Inc. provides fantasy gambling games. It offers FanGamb, a sports betting competition between friends that enables to create or join a league and play by placing bets. Three Screen Games was formerly known as Fangamb, Inc. The company was incorporated in 2009 and is based in Yardley, Pennsylvania.
Vuzit
Seed Round in 2008
Vuzit is a Philadelphia-based software company that specializes in providing a secure platform for sharing, viewing, and controlling sensitive documents and content online. As organizations face growing complexities and legal liabilities associated with digital document sharing, Vuzit addresses these challenges with enterprise-level solutions designed for both small businesses and multinational corporations. Their products, including the Vuzit DocuPub Platform, offer a robust set of APIs and tools that allow users to embed and manage over 40 different file types within websites and applications. With features aimed at enhancing access control and monitoring, Vuzit ensures that organizations can effectively manage sensitive information such as financial records, contracts, and medical data while mitigating risks associated with online distribution.
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