Care coordination is one of the pillars of establishing a healthcare model that’s increasingly moving towards value-based care. The market is poised for digital adoption and large-scale innovation; the digital care coordination software market alone is expected to top $3.1B in 2022. Challenges remain in the market as there’s traditionally been a lack of interoperability between payers and providers as well as confusion when care transitions from team to team and across institutions. HeyRenee is a digital healthcare concierge platform that’s focused on centralizing all aspects of a patient’s care into a single platform that’s easy to use and navigate. There are 100M+ Americans that suffer from 2 or more chronic conditions and the startup plans to focus on this segment, allowing them to interact through voice, text, and touch. The platform focuses on all aspects of the healthcare journey from diagnosis to ongoing monitoring to post-care follow up aligning the interest of payers, providers, and patients to ensure better outcomes for patients. LA TechWatch caught up with Founder, serial entrepreneur, and CEO Nick Desai (cofounded Heal) to learn more about the care coordination market and the benefits it brings in an era of increasing costs, how the founding team’s experience dealing with a parent’s illness led to the inspiration for the business, the company’s future plans, recent round of funding from investors that include Quiet Capital, City Light Capital, Fika Ventures, Global Founders Capital, Mucker Capital, SaaS Ventures, and Tau Ventures.
Fika Ventures
The 7 Largest LA Tech Startup Funding Rounds of December 2021
Everything you need to need to know about the largest Los Angeles startup funding rounds of December 2021; broken down by industry, stage, investors, and more…
The Weekly Notable Startup Funding Report: 12/20/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 12/18/21 featuring funding details for Innovaccer, SnapLogic, and thirteen other rounds that you need to know about.
Elementary Raises Another $30M to Automate Quality Assurance for Manufacturing Using Cameras and AI
With consumers becoming increasingly reliant on online channels to secure goods, they no longer have the ability to inspect items for defects at the time of purchase. This burden now falls onto the manufacturer and distributor, resulting in an increased focus on quality control. Advancements in AI and connectivity allow manufacturers to now implement solutions at the factory level to optimize manufacturing efficiency. Elementary is an automated quality assurance platform that leverages AI and cameras to provide visual inspections for manufacturers to detect defects early. The platform is adaptable and uses no-code AI so that inspections can be adaptable and customized to specific use cases; AI-based vision yields 90% more defect detections and can be deployed in less than 30 minutes. The implementation of a machine vision solution also allows manufacturers to drive quality, eliminate wastage, identify problem areas, and reduce the possibility of returns while optimizing operational processes. With supply chain constraints across the globe, Elementary also provides reassurance and peace of mind to importers and brands that are now waiting months for goods in transit that may not be able to be sold upon local inspection. LA TechWatch caught up with Elementary Founder and CEO Arye Barnehama to learn more about how Elementary’s technology is making the supply chain more resilient and efficient, the company’s strategic plans, and latest round of funding from investors that include Tiger Global, Threshold Ventures, Fika Ventures, Fathom Capital, Riot VC, and Toyota Ventures.
LA Tech Week in Review: 8/8/21-8/14/21
6 LA startup funding this past week with $48M+ in new funding for LA startups. LA Tech news for the week ending 8/14 featuring news for HeyRenee, Kensho, and much, much more.
HeyRenee Raises $3.8M for its Digital Healthcare Concierge Platform Designed to Improve Patient Outcomes
Care management has become widely adopted by health systems to streamline healthcare for Americans. However, while these systems make optimize the experience for providers, patients may be overwhelmed by all the details and instructions provided to them for their care. This gets compounded for those that are elderly, underserved, and those suffering from chronic conditions. […]
The LA TechWatch Startup Daily Funding Report: 8/9/2021
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 8/9/2021 featuring funding details for Kensho, HeyRenee, and much more.
LA Tech Week in Review: 6/13/21-6/19/21
$105M+ raised in LA during the week! LA Tech news for the week ending 6/19 featuring news for Phase Four, Formative, and much, much more.
The LA TechWatch Startup Daily Funding Report: 6/15/2021
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 6/15/2021 featuring funding details for Formative and much more.
The Weekly Notable Startup Funding Report: 5/10/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 5/8/21 featuring funding details for HoneyBook, Genies, Bitski, and twenty-five other rounds that you must know about.
