MATTER startup shoutouts: October 2021
Every day, innovators across the MATTER community are building new solutions that accelerate innovation, advance care and improve lives. Here’s a look into some of the most noteworthy headlines from the startup members in our community over the past few months.
MATTER startups on the front line of innovation featured in Forbes Next 1000
Four MATTER members — AlyxHealth, Clearstep, HUED and Guardian Lane — were featured in Forbes Next 1000. The Next 1000 is selected by the top business minds and entrepreneurial superstars, such as Tom Colicciho, Ayesha Curry, Alex Rodriguez and more. The list features ambitious startups in every industry and region of the country with under $10 million in revenue or funding.
HUED raised $1.6 million in seed funding with support from Serena Williams
HUED, a startup that gives prospective people of color easy access to care from people that look like them, raised $1.6 million with support from Serena Williams’ VC fund Serena Ventures, Female Founders Fund, Black Founders Matter, Gingerbread Capital and angel investor and healthcare leader Halle Tecco. The funding will help HUED grow its team, provide anti-racism and implicit bias training to more than 5,000 healthcare professionals nationwide and continue to scale its platform to improve engagement for physicians and patients.
NowPow acquired by Unite Us to enable care coordination between health and social care networks
NowPow, a Chicago-based social determinant of health (SDOH) startup, was acquired by Unite Us. The acquisition will combine NowPow’s personalized referral platform and community partnerships with Unite Us’ end-to-end social care solution, creating the largest SDOH company around. “Needs are rising fast,” said Stacy Lindau, MD, MAPP, NowPow’s founder and chief innovation officer. “Our partnership with Unite Us accelerates our shared vision to ensure everyone, everywhere knows where to go for resources in their community.”
Rezilient Health closed $2.5 million in seed funding led by Unseen Capital
Rezilient Health, a telehealth startup, closed $2.5 million in seed funding led by Unseen Capital, with participation from Techstars, Headwater VC, The Council and The Living Fund. The funds will help Rezilient Health expand engineering and software development teams as they prepare to roll out their CloudClinics in St. Louis.
Rhaeos was awarded a $4 million grant from National Institutes of Health
Rhaeos, a private medical device company focused on the care of people with hydrocephalus, was awarded a $4 million Small Business Innovation Research (SBIR) grant from NIH. The funds will help Rhaeos expand the functionality of its FlowSense™ wireless, noninvasive sensor to provide quantitative data to improve clinical decision making.
HealthBeacon raised €6 million, bringing total investments to €25 million
HealthBeacon, a digital therapeutics company, raised another €6 million led by Elkstone and Crow Rock Capital. The funding will be used to scale HealthBeacon’s team and meet current demands and future growth opportunities. The announcement comes on the heels of HealthBeacon partnering with Hamilton Beach Brands.
Lorenzo’s House awarded $50,000 to establish support network for Alzheimer’s care partners
Lorenzo’s House, an innovative hub of connection and care for loved ones and their families navigating Alzheimer’s, was awarded $50,000 from Maude’s Ventures. The funds will help establish Lorenzo’s Angels, an Alzheimer’s care partners peer network for emotional support, respite care resources, insights and opportunities.