Good Morning Healthcare Innovators!

We hope you had a great Halloween!  When we got to work this morning (ha, like we ever left) we noticed that we had maxed out our form entries in our wufoo account and very few got through.  Please try again if you want our investment, acceleration, a free ticket to HLTH, a place to stay, an office in NYC for three months and our help getting your idea out to market far faster.  Our business development team, for example, helped one of our companies get into the largest hospital system in the states last month with a potential $100M contract.  That's how we roll and it's a key aspect of why our accelerator is different.  In case you haven't seen the ACVC Event and Application info, it is below PLUS a ton of other amazing stuff going on in our Global MedStartr Community of healthcare innovators and those that help them succeed fast!  

Thanks for all you do to drive healthcare innovation Further & Faster every day!

Best Regards,
Alex Fair

p.s.  Thank you Kristen Engelen of RxLive for pointing out the typo in our previous graphic too!  We crowd source everything here, including typos, so thanks!
 

MedMoNews

 

Startups / Investors:


Venture Starters - Practice your pitch / Get Deal Flow

We found a great new thing that just started called Venter Starters.  Every Wednesday you can practice your pitch on a zoom with over 100 participants usually.  Mark November, the founder, is one of us and in it for the right reasons.  He also has made a ton of investments and is looking for more.  Love that guy!  This Saturday they have a life-sciences specific event we recommend, but also one on Wednesday I will be at as well.  To learn more please visit https://venturestarters.com/

Pitch Tomorrow Night in NYC

Our partner, Startupalooza is doing their trademark fast and furious pitch event tomorrow.  Register here!  They have a mid-atlantic one on the 9th as well.  No better way to get your spiel down and meet a ton of investors!

Our Next Event: Get On Stage at AC⚡VC 🔥 Highway to HLTH 

Las Vegas is the next stop on our MedStartr Momentum (#MedMo) World Tour where we look for the best startups in the world to invest in and accelerate. We have tons of news to share but here is the critical thing this morning: If you have a healthcare startup or know a great one that could use some investment and acceleration, please apply and / or pass this message on to those who should apply.  We have 500K to hand out on stage so this isn't just a trophy, it's an investment done in almost real-time.  Each deal is different and teams will need to sign investment paperwork and accept our extremely fair (it is my name :) offers, but all teams selected for the stage win in our challenges!  Deadline is 11/5 so apply now or forward this email where needed!

Many of the biggest names in healthcare got their first funding and acceleration from MedStartr contests like this.  Medable won our first contest at Healthdatapalooza in 2012 and the last time we were in Vegas, UniteUs took first prize.  Since then we have run over 160 contests, started our second fund and proven the value of the MedStartr Accelerator - the teams we have helped in our our portfolio have become some of the fastest-growing companies in healthcare that raised over 75M in the last quarter alone. 
 

What's this about #ACVC? 

AC⚡VC isn't just some cheesy rip-off for one of our favorite bands, or a way to honor our friend, entrepreneur, and fellow metalhead, Mike Antonucci who died in January, it ALSO stands for exactly what we and our crowds do: Accelerate Crowd-Validated Companies  When we run contests like this we find the best startups to put on stage and ask the crowd to help us decide who wins. This also helps get these ideas going further and faster than ever, accelerating them. Why? Because our Crowd includes over 150,000 people like you and organizations like HLTH, the AMA, and now our portfolio company leaders like Valera Health, Direct Shifts, Mymee, YourCoach, Helpp.ai, Offscrip Health and Care+Wear, who get involved and tell us what they think about the teams in our contests.  And then that same crowd of amazing people very often includes the startups' next big customers, investors, team members, and partners, Accelerating Crowd⚡Validated Companies 🚀

What Can You Win?

  • Customers: Being on our stages, which are typically the most well-attended at any conference and livestreamed to often larger audiences, is your first benefit.  Insightful questions from our incredible panel of judges (Amy Gleason, Mike Greeley, Lisa Nicely, Eugene Borukhovich, Nick Adkins, and Matt Holt to name a few) will give you the chance to impress the hell out of people looking for innovations like yours to bring into their funds, hospitals. and company for partnerships and pilots.  And don't forget the up to 10,000 other people in the audience that will be watching (truthfully we only expect about 750 but it depends on many factors, we are shooting for 10K with our stage show and promotions.)  They get a vote too and you get access to all the data, contacts, feedback, investment and pilot interest, team and mentor joins! 

  • Coaching: We will pitch coach you significantly before and you WILL get things happening afterward.  Honestly, this is the biggest prize for any startup since the terms on a Bill of Sale are far better than from a VC (except us!)

  • Investment and / or Acceleration: We will be handing out stacks of cash totaling of at least $25,000 to at least one of the winners on stage and accepting at least two into our next accelerator class. 

  • 1 Free Ticket to the Conference: Startups chosen will be given one (1) free ticket to attend the conference if they have not yet registered. 

  • Tons of Promotion before, during and after the event.  

So, as you can see, everyone wins in a #MedMo #ACVC Challenge.

What does that investment look like? 

Before the awards ceremony, you will be presented with a customized offer based on the stage of your company, results of our fast due diligence process and how much the crowd loved you.  Worst case scenario, it is a SAFE note at whatever your last or current round was at.  Best Case you are fully accepted into our WInter 2022 Accelerator class and will receive much more than a little cash. Our standard accelerator deal is valued at 250K in cash and services.

​This is your big chance.  Deadline is Nov 5, so don't delay, Apply Today! 

Join us at hlth.

Want to attend the most exciting, amazing and now largest Conference dedicated to healthcare innovation?  Use the code "h22_medstartr" for $150 Off 
Learn more about and register for hlth. here.  Did we mention Ludacris is performing the next night?  I know he is nervous about following our show  😃😃😃🤘🏽🤘🏽🤘🏽

Read more about our #ACVC Program here as well.  The show will begin at 4:45 PM on 11/14 on the exhibit floor through the cocktail hour with nothing else going on, so the crowd should be wild and many of the over 10,000 attendees will be there.  Rockstar outfits optional, but appreciated.

See you on the Highway to hlth!

 

Company News

Our portfolio and contest winners continue to grow ever faster.  Our Friend (and Judge at ACVC) Mike Greeley in his newsletter was talking about the slowing pace of investment in healthcare in his excellent newsletter yesterday but I got to say, you can't tell from what happened in our portfolio last month where over 80M in funding was placed, our first exit happened, and big deals are dropping every week.

Here are a few highlights:

Valera Health Secures $15M Led by Windham Venture Partners to Expand the Company's Mental Health Clinical Services Across the U.S. (it actually was oversubscribed and is much more, but who's counting - well, I guess we are :)

Mymee Acquires Breakthrough Health, Leading Digital Health Platform for Multiple Sclerosis

Shryo Health (2018 winner of our NOLAHI Blockchain Interoperability challenge) Opens its Reg CF fundraising for their Patient-Centered Data Aggregation company where patients can be paid for their data.

YourCoach Health and Twill (formerly Happify, also an Amazon partner) Partner to Expand Access to Accredited Live Health Coaches

Amazing engineer and MedStartr Mentor, Mark Semler takes over at Alertgy as their interim CEO to bring their no-needle CGM / detect anything in your blood AI/RF-based wrist-watch to market.  Round open and oversubscribed, but email him here if interested.

Great press: 4 Telemedicine Companies for Mental Health and More (Valera Health is one of them)
 

Join us in our new NYC Home for all things healthcare innovation

Want to be in the center of everything in NYC?  MedStartr and Venture Out are collaborating to create a 17K sf space for events, acceleration, and healthcare innovation in Midtown manhattan.  Need Space or want to be a member of our innovation-focused community home?  Learn More and tell us what you need here.  


(Image is of Matter.health in Chicago, we love that place but want our own again!)

Ok, I know that was tldr; but that's why we put in headers so you can skip to just what matters to you.  As always, thank you for reading and please share with anyone you think will benefit and help us all benefit from driving healthcare innovation faster.  On a personal note, I just spent a few days at my friend Santosh's Moffitt cancer center with my Mom.  It was wonderful being in a place that really puts the patient first and has the best docs and latest innovations.  Thank you Santosh Mohan and everyone who works there!
 

Warm Regards,

Alex and Jon Fair, Pat, Sharad, Jon, Rob, Healther and the MedStartr Team
MedStartr.vc - investing in rapidly-growing crowd-validated healthcare startups
You can join us on social media too: @alexbfair @MedStartr   |  Linkedin for Alex  | Join MedStartr on Facebook here

Note: This is not a solicitation to buy or sell securities.  All investing bears risk and you could lose your entire investment.  Please consult your investment advisor before making any investments.