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Nine exceptional leaders in digital health

| January 19, 2015

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On January 11th, we co-hosted the fourth annual Top 50 in Digital Health dinner along with Fenwick & West and Goldman Sachs.

This year we honored nine leaders and organizations making exceptional impacts in digital health:

Angel of the Year: Sami Inkinen
Few angel investors so wholly embody their investment theses like Sami Inkinen. This world-class triathlete and self-proclaimed “data geek” knows how to spot technologies that will hugely impact our health and wellbeing. He’s invested in Augmedix, Lantern, MyFitnessPal, and Rise. 

Crowfunding Hero: Empatica
Empatica’s Embrace is the first-of-its kind medical grade watch that measures epileptic seizures, among other things. To date, Embrace has raised 401% of its crowdfunding goal on Indiegogo.

Diversity Leadership Award: Castlight Health
Tackling complex problems in healthcare requires not only the brightest minds, but diverse ones too. Castlight has led by example for all digital health companies in assembling talented executives with distinct backgrounds to lead their mission. The Castlight leadership team includes doctors, developers, and 55% female executives.
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How Rock Health helps startups grow

| January 14, 2015|Tags: ,

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Kit Check co-founders Tim Kress-Spatz and Kevin MacDonald in their office in Washington D.C. last year

 
Kevin MacDonald, co-founder and CEO, Kit Check

Earlier this week, Kit Check announced our Series B funding of $12 million led by Kaiser Permanente Ventures. We successfully raised our Series A of $10.4 million in July 2013 after joining Rock Health’s portfolio. In the eighteen months between funding rounds we grew from seven to 144 hospital customers with over 5,000 users on our cloud-based system and 3.6 million medications tracked.

Kit Check represents the only successful Internet of Things success story for hospital consumables to date. We believe it is also the best example of successful cloud software adoption in hospital operations. We are helping hospitals reduce cost and increase patient safety related to medication dispensing and use, which is an important industry contribution. It’s a great story and far from over. One constant throughout has been strong support from Rock Health.
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Rock Weekly: Are wearables getting creepy?

| January 12, 2015|Tags:

January 12, 2015

The deluge of CES wearable and health device debuts has come to a close, and discussions were apparently “much more grounded” this year. Marc Benioff said wearable data is “heading to creepy” and the FTC chairwoman expressed concern about privacy in the era of connected devices. But as it turns out, most Americans are just fine sharing their health data for research—and companies are taking them up on it.

We have two big pieces of news from our portfolio companies today! Hot off tracking 3.5M medications at 140 hospitals last year, Kit Check just raised $12M. And Augmedix raised $16M to help doctors do what they do best: take care of patients. Learn more about the Rock Health portfolio.
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Rock Weekly: 2014 funding obliterates records

| January 05, 2015|Tags:

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January 5, 2015

If it wasn’t obvious which technology trend was most exciting in 2014, let’s clarify that digital health took the cake. Over $4.1B filled the coffers of 258 companies, nearly topping the total of the prior three years combined. Get pumped—an entire year’s worth of trends and analysis await you in our 2014 Digital Health Funding Year End Report.

We’re going even deeper in our webinar on Wednesday. You should join us—register now for exactly $0.


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Digital Health Funding Tops $4.1B: 2014 Year in Review

| January 01, 2015|Tags: ,

2014 was an incredible year for the digital health ecosystem, particularly for the 258 companies that had their coffers filled by investors. The year was a record-breaker from the start and by its close venture funding for digital health companies surpassed $4.1B, nearly the total of all three prior years combined. This represents a 125% YoY growth in funding compared to 2013.

It wasn’t just the total dollars raised that significantly increased in 2014. We saw 295 deals close and an average deal size of $14.1M, an increase of nearly 40% YoY. (Note: Our venture funding data only includes disclosed US deals above $2M).

The top six categories that accounted for 44% of all digital health funding in 2014 were analytics and big data, healthcare consumer engagement, digital medical devices, telemedicine, personalized medicine, and population health management. Personalized medicine, defined as software used to support the practice of medicine customized to an individual’s genetics, slid into the top six for the very first time this year. This growth in funding could be attributable to the technological innovations in both genomics and data analysis in recent years. The other five categories continue to see strong funding as a result of the changing healthcare legislative and reimbursement environment.
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Rock Weekly: Is digital health dangerous?

| December 29, 2014|Tags:

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December 29, 2014

While everyone gathered around the yule log last week, the headlines countered with some spooky stories about healthcare technology—on everything from hospital hacks to scammy apps and worrisome wearables. Then news broke about bionic pancreases and the thirty-one digital health apps that gained FDA clearance this year to brighten everyone up in time for New Year’s.

It was in fact a huge year for digital health. Learn more in our free 2014 Digital Health Funding: Year In Review webinar on Wednesday, January 7th.
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Rock Weekly: Healthcare is the future of everything important

| December 22, 2014|Tags:

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December 22, 2014


In just three short years, healthcare has gone from being Google’s least favorite area to representing more than one-third of its 2014 investments, totaling more than $150M this year. With ambition ranging from genomics to regeneration to anti-aging, it might be time to consider that the tech giant best known for its omnipotent search box will be fueling the next era of medical innovation.

All this money in needs to come out. Which digital health companies will go public in 2015? You should take our survey and weigh in.
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Rock Weekly: Why tech companies are flocking to healthcare

| December 15, 2014|Tags:

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In the last decade, healthcare innovation has gone from “the entrepreneurial equivalent of Siberia” to…well, Silicon Valley. As healthcare finds new entrants from tech, consumers expect them to be closely watched over by the government. Surgeons on the other hand, perhaps they should be self-regulating.

Speaking of entrepreneurs from tech, today we are excited to announce the launch of Hi.Q, led by Rock Health entrepreneur and Like.com founder Munjal Shah. Download Health IQ.
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Last Minute Digital Health Gift Guide

| December 15, 2014

The holidays are upon us! While you scramble to find a perfect gift for that digital health geek (or yourself), we hope you find this list helpful.  

BitGym $7.99

With the cold season on your doorstep, outdoor runs get moved inside. BitGym keeps the motivation going by bringing the scenery to your cardio machine, and runs on any smartphone or tablet. Lucky you! BitGym is giving all our readers a free month of premium access with the code ROCKHOLIDAY.

BeamBrush $29

Bring the party to the daily routine and snag the first connected tooth brush, Beam Brush. With built-in Bluetooth and gamified challenges, you’ll always be in the know about your kids (and your own) brushing habits.

 

Liftware $295

If someone you know lives with Parkinson’s or Essential Tremor, you probably know how difficult using utensils can be. Lift Labs gives back the gift of eating by making super portable and easy to use stabilization tools for people living with tremor. To spread the holiday cheer, Lift Labs is extending their buy one, give one program—just use the code GIVETUES.
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Rock Weekly: Data is just a shadow of human experience

| December 09, 2014|Tags:

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“Data is just a shadow of human experience. We still need to connect the dots,” Smart Patients founder and Rock Health entrepreneur Roni Zeiger argued last week. Luckily, healthcare may finally be ready for big data—just so long as the algorithms don’t ruin your life.

On the regulatory front, our friends across the pond gave everyone’s favorite at-home genetic test the green light while Zenefits is rocking the insurance world’s boat because of its free software.
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