On Wednesday health startup incubator Rock Health graduated its fourth class of 14 companies, bringing its total number of portfolio companies to 49. In addition to producing excellent reports on topics such as digital health funding and sensors, Rock Health appears to have lived up to its name by, well, rocking health. Their Director of Marketing and Media, Amy Puliafito, sent us an email with the following highlights:
- As of February 19th, 2013, Rock Health portfolio companies have raised over $43M in funding, averaging nearly $900,000 per startup, not including Rock Health’s investment.
- According to AngelList, Rock Health companies have the third highest valuation of all incubators and accelerators, following only Y Combinator and StartX.
- Since its inception, Rock Health has received over 1,500 startup applications, accepting approximately 3% of applicants for each cohort.
With that acceptance rate Rock Health is harder to get into than medical school, not to mention more appealing financially. The fourth class, which they call their “most impressive class yet,” must have been attracted to the upped ante of a $100,000 convertible note in comparison to previous classes’ $20K offer. We already covered some of the companies in this fourth batch, and will certainly be writing about more of them in the not-too-distant future. Learn more about them here:
- Beam Technologies makes the Beam Brush, a connected toothbrush to improve oral health.
- Benefitter helps employers confidently navigate health care reform, save money, and improve their employees’ well-being.
- CliniCast unlocks the potential of health data to maximize outcomes and minimize costs.
- Eligible streamlines insurance eligibility checks for doctors and patients.
- Kit Check‘s product reduces the time it takes hospitals to process medication kits from 20 minutes to 20 seconds, prevents medical errors, and could save hospitals over $2 billion annually.
- LabDoor tells you what’s really in consumer products, beginning with safety and efficacy ratings for the $36 billion supplements market.
- Mango Health makes fun and elegant mobile applications that inspire consumers to improve their health.
- Moxe Health improves access to care for the newly insured and underserved, through products that lower healthcare disparities.
- OpenPlacement brings real-time visibility to continuing care, offering tools to match seniors with appropriate housing and care providers.
- SuperBetter helps people turn their health goals into an on-the-go game.
- Wellframe combines mobile technology and artificial intelligence to extend the provision of care from the hospital to the home.
- Wello makes fitness more personal, accessible and affordable by using live, 2-way video to connect fitness trainers and clients.
- Wildflower Health makes pregnancy healthier, safer, and lower cost through a mobile platform and predictive analytics.
- Zipongo provides healthy food incentives and personalized meal plans that engage employees, making it easier to eat well.
To learn more, visit the Rock Health website or view previous Medgadget coverage of the accelerator.
