DreamIt Health Philadelphia Unveils Summer 2015 Class

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DreamIt Health, a Philadelphia-based digital health accelerator, has unveiled its next class of startups. The group of eight early-stage companies will begin a 16-week program at DreamIt’s offices in the University City Science Center in downtown Philadelphia, where they will work with mentors from Penn Medicine and Independence Blue Cross to validate their proposed product offering and business models. The program will culminate with a demo day on October 30, during which entrepreneurs will have the opportunity to present their business case to an audience of media representatives, potential customers, and VCs with the decision-making authority to lead their next round of funding. In addition to exposure and mentorship, startups will receive $50,000 in seed funding plus $250,000 in follow-on funding from DreamIt Ventures. In return, DreamIt will take an 8 percent equity stake in each startup.

Half of DreamIt’s new class is Pennsylvania-based, with the rest spread out across the US and Canada.

  • CareCierge – CareCierge is a Philadelphia-based startup that is building an on-demand service and support platform for caregivers taking care of ill or elderly family members. The company is still in stealth mode and has yet to launch a website.

  • dBaza Health – Pittsburgh-based dBaze Health is building a patient on-boarding platform for insurance companies that is designed to help integrate new patients into the system and connect them with services to help control their chronic conditions.

  • GraphWear Technologies – Philadelphia-based GraphWear is making graphene-enhanced sensors that it says will monitor dehydration, glucose, and fat-loss through sweat and breath.

  • Oncora Medical – Philadelphia-based startup Oncora Medical is building an analytics platform designed to help radiation oncologists explore their data and improve patient outcomes.

  • Gray Matter Technologies – Austin, TX-based Grey Matter Technologies is developing a mouth guard for athletes that measures high-impact collisions and alerts users if they are at risk of a concussion.

  • Neutun Labs – Toronto-based Neutun Labs is building device-agnostic apps that run on smart phones and smart watches that will help patients maintain a log of their seizures, as well as alert family members and first responders of emergency events.

  • Pallas Medical – Boulder, CO-based stealth mode startup Pallas Medical is developing a device that will keep the scalp cool during chemotherapy to help prevent hair loss.

  • VisExcell – New York City-based VisExcell is also in stealth mode. The startup is working to improve computer-aided detection algorithms for mammograms and other imaging tests.



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