Y Combinator Startup CrowdMed Launches With $1.1 Million in Seed Funding

4-23-2013 9-27-40 PM

CrowdMed, a Y Combinator backed health startup, has launched with the ambitious goal of creating a web-based platform that will bring crowdsourcing to the world of medical diagnosis. Similar to the crowdsourced cure concept pioneered in 2012 by Italian artist and cancer patient Salvatore Iaconesi, CrowdMed will allow patients to seek a global second opinion.

At its core, CrowdMed will behave as a predictive diagnostic tool based on crowdsourced surveys. It will take the patient’s anonymously submitted medical record and cull out likely diagnoses based on test results, symptoms, history, and family background. Next, the case will be posted to teams of “medical detectives” for further analysis and interpretation. Those interpretations are then aggregated into a list of potential diagnoses.

CrowdMed is one of 46 participants in the Y Combinators 2013 class. It has raised $1.1 million in seed funding from investors including NEA, Andreessen Horowitz, Greylock Partners, and SV Angel in addition to the initial investment from Y Combinator.

For those following the story, Salvatore Iaconesi had brain surgery in February and is in full recovery. He is scheduled to speak at the TEDGlobal 2012 summit in June.

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