1.7 Million for Cardio Startups
The 2015 American Heart Association Crowd Challenge broke all records for the 16 companies that made the finals on MedStartr. In just 31 days the finalists closed 14 deals valued at over 1.7 million dollars with some of the biggest names in Healthcare. Just like last year’s winners, almost all the companies were pre-revenue when the challenge started but they aren’t anymore! Congratulations to first place winner Intelliquit who squeaked by Moving Analytics but mere hundredths of a point. You can find and fund them all on MedStartr.com. Two of the finalists, Intelliquit and the Women’s Heart App are still going strong with open campaigns that you can still get involved with.
The AHA’s Open Innovation program is a big winner too, driving an immediate return on innovation investment in excess of 35x. The goal of the program was to drive the best new ideas that will help the AHA meet it’s AHA2020 goal of reducing cardiovascular disease by 20% by 2020. With over a dozen great new ideas getting out to millions of people just from the last three challenges we are proud to be able to help in productive ways.