The Venture Codex

Participated · Series B · Jul 2021

Mytonomy offers a Cloud for Healthcare — a modular video-based patient engagement platform that combines 2,000+ broadcast-quality short-form videos with a new CRM to optimize healthcare content streaming and omnichannel engagement. The platform delivers video, audio, and written content that incorporates microlearning principles to drive patient usage and engagement. Mytonomy serves blue-chip healthcare customers and positions its tools across the entire care journey. The company is led by CEO and co-founder Anjali Kataria. Financially, Mytonomy announced a $25M Series B to support continued growth. The company intends to use the proceeds to expand its business reach. Mytonomy provides a cloud-based patient education, engagement and experience platform that leverages behavior science to support the care continuum. Its Patient Experience Cloud covers pre-arrival procedure preparation, in-patient admission, discharge instruction, at-home care and ambulatory clinic visits. The platform is designed to span multiple care settings to improve patient education and engagement across episodes of care. The company is led by CEO Anjali Kataria and President Vinay Bhargava. Mytonomy intends to use recent funding to accelerate market expansion of its Patient Experience Cloud. The company is based in Bethesda, Maryland. Mytonomy is an alumni-powered, video-based peer-to-peer college counseling service that connects high-school and college-bound students with alumni advisors through a video Q&A format. Launched in fall 2011 by Vinay Bhargava and Sean Burke, the platform targets users aged 14–25 and is used at over 100 high schools, with thousands of students having checked in. Individual students, college groups, educators and working professionals can use Mytonomy for free, while schools license premium features (Mytonomy Plus) at $5 per student per year for analytics and private video networks. The site emphasizes curated, guidance-focused video content to supplement overworked counselors and to provide first-generation and underprivileged students access to alumni perspectives. Mytonomy is expanding into new languages, starting with Spanish, and is considering incentive structures for volunteer contributors to boost participation and quality. The company used part of an early $250K funding package to roll out a new user interface to improve the site's user experience.

Participated · Equity · Aug 2010

Wireless MedCARE develops a product platform of wireless, sensor and information services technology aimed at long-term care facilities. Its first product, VivaTRAK™ Activity Monitoring system, uses wireless and sensor technology to track patient and caregiver activity in nursing homes. The system is designed to ensure care tasks are completed on time and documented in healthcare records for quality assurance, reimbursement and liability-risk mitigation. The company raised an additional $180,500 to complete development of VivaTRAK and prepare for market entry. Management has indicated they expect to pursue a new round of funding to support going to market. The company has previously been funded by Carilion Biomedical Institute, Optimum Sensor Holdings and other accredited investors primarily located in Virginia and North Carolina.