July 30, 2014

Funding for Midwest Healthcare Startups Has Already Doubled This Year Over Last

Think all the VC action happens on the coasts? Think again. In just the first half of 2014, $777 million was invested in 139 Midwest healthcare startups, according to the BioEnterprise Midwest Healthcare Venture Investment Report. That compares with $758 million invested in 213 Midwest companies in all of 2013. The medical device sector attracted the most cash, but the money going to biopharma and healthcare software startups was hardly shabby. The new report squares with what we're observing, too. Not only are companies like Aver Informatics, which is based in Columbus, OH, attracting investments from the likes of GE Ventures and Drive Capital, we've seen several impressive Midwest startups that have applied to be a part of the StartUp Health Academy (stay tuned for more on that soon!). According to our data, 32 digital health companies in the Midwest raised a total of $339 million in the first half of this year. We're thrilled to see new innovation -- and investor support -- emerge across the country, and we have every reason to believe the trend will continue. For more details, check out BioEnterprise's full report and our comprehensive funding database at StartUp Health Insights.

The Next Health 2.0 Conference Is on the Horizon

Health 2.0 is back in Santa Clara from September 21-24 for its annual Fall Conference! With more than 80 speakers and 150 product demos, the three-day event will explore a diverse range of digital health topics, including patient engagement and the new insurance marketplaces. Use our code F14MPTR when you register to receive 10 percent off, and make sure to check out demos from StartUp Health companies Caremerge and Tute Genomics when you get there! If you’re a startup, you can apply for a further discounted ticket here.

Calling All Female Developers Looking to Transform Healthcare!

Female leaders in technology and health are coming together to build women’s health apps for the first-ever Women’s HealthCodeathon in NYC from August 15-17th! Apply now if you want to solve real problems in healthcare at this awesome event sponsored by the Clinton Foundation, Ace Hotel and Jawbone.

StartUp Health Companies in the News

Beyond Lucid Technologies
To Fix Health Care, Leaders Need to Let Go of the Status Quo
Harvard Business Review

Tute Genomics
Local company, BYU team up to improve treatment for those with Alzheimer’s disease
Fox 13 News

Other Noteworthy Headlines

When Wearable Tech Saves Your Life, You Won't Take It Off

Startups Are Finally Hacking Healthcare

Accenture Report: Private Insurance Exchanges Experiencing ‘Hyper Growth’
MedCity News

Healthcare Collaboration Across 3 Generations

Google's New Moonshot Project: the Human Body
The Wall Street Journal

Upcoming Health Events

Women’s Health Codeathon
August 15-17
New York, NY

September 10-12
San Francisco & Washington, DC 

Health 2.0 Fall Conference
September 22-24
Santa Clara, CA

For more digital health events, visit our website.

Join the StartUp Health Network

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Digital Health & Wellness Jobs Board

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StartUp Health Weekly InsightsTM

Top Digital Health Funding This Week
Startup Amount Investors
Lumeris (EGHC) $71.0M Allen & Company
Data Driven Delivery Systems $68.0M Undisclosed
Proteus Digital Health $52.0M Undisclosed
Remedy Partners $35.9M Undisclosed
Kurbo Health  $5.8M Undisclosed
PhysIQ $4.6M LionBird
EyeNetra $4.0M Undisclosed
Intelomed $3.8M Undisclosed
PumpUp $2.4M General Catalyst PartnersAzure Capital PartnersRelay VenturesFraycinet Investments
23andMe $1.4M National Institutes of Health
Ludi $1.0M Undisclosed
See much more in StartUp Health Insights, the most comprehensive funding database tracking over $11 billion in digital health and health tech deals. Download the free StartUp Health Insights: 2014 Midyear Report.
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