• Clever Care Health Plan

  Participated · Series C · Mar 2023

  Clever Care Health Plan is a culturally-inclusive Medicare Advantage health plan centered on complete wellness, combining preventive Eastern therapies with Western allopathic care. The company offers comprehensive medical and supplemental benefits, including dental, hearing, vision, and Eastern benefits such as acupuncture, cupping, and herbal supplements. Since its launch in 2020, Clever Care has grown its membership to over 11,000 members. Led by CEO Myong Lee and based in Huntington Beach, California, the company recently added healthcare veteran Karen Walker Johnson to its board. Clever Care intends to use the new funding to expand its network of independent physicians and clinicians, enter new markets, and broaden outreach ahead of the 2024 Annual Enrollment Period. The plan emphasizes community-based, culturally sensitive wellness and care for its members. Clever Care Health Plan operates a Medicare Advantage HMO that integrates comprehensive medical and supplemental benefits with Eastern health and wellness solutions. The plan launched in Southern California in 2020 and positions itself as the first Medicare Advantage plan to offer acupuncture, meditation, herbal supplements, and medical and dental benefits in an integrated model. Its product targets Medicare beneficiaries seeking culturally sensitive, community-based wellness alongside traditional care. Financially, the company completed a Series B funding round of more than $71 million, bringing total capital raised to $96 million. Clever Care intends to use the financing to expand its network of independent physicians and clinicians, enter new markets, and broaden member access to community-based and culturally sensitive care ahead of the 2022 Annual Enrollment Period. Clever Care Health Plan develops affordable, culturally tailored Medicare Advantage plans aimed at improving access for diverse senior populations. The company emphasizes robust provider networks and innovative benefit design to reduce costs and improve member experience. Founders cite language and cultural barriers in existing provider directories and designed the plan to better serve members who need culturally competent care. Clever Care plans to set up a California Medicare Advantage health plan and hire staff across offices in Little Saigon (Orange County) and Arcadia (Los Angeles County). The senior leadership team includes CEO Dave Firdaus, COO Myong Lee, and CFO Hiep Pham, each with extensive managed-care experience. Financially, the company has raised $26 million to date, including a $6 million seed and a $20 million Series A.

• Valera Health

  Participated · Equity · Oct 2022

  Valera Health operates a virtual behavioral healthcare practice that delivers comprehensive, longitudinal care through a team-based model of licensed therapists, nurse practitioners, case managers and psychiatrists augmented by proprietary digital technology and analytics. The company emphasizes evidence-based treatment plans and a quality strategy aligned to NCQA HEDIS measures to manage patients across acuity levels, from mild depression to schizophrenia. Valera partners closely with health systems and health plans, and its payer/provider partnerships collectively cover over 50 million lives. It offers culturally-intentional care to BIPOC and LGBTQ+ communities via a diverse, multilingual provider network in which more than 50% of clinicians self-identify as Black, Hispanic, or Asian. Valera says the financing will enable expansion of access to high-quality behavioral health care and deepen partnerships with leading health systems and health plans. The company closed a $44.5M growth equity round in late 2022 as part of its current financial position. Valera Health is a NYC-based mental health company delivering tech-driven virtual services. It provides comprehensive longitudinal care via a team-based model of coaches, therapists, and medication prescribers augmented by proprietary digital technology and analytics. The company treats conditions ranging from mild depression to severe schizophrenia and offers personalized, culturally intentional care for rural and urban communities, including BIPOC and LGBTQ+ patients, through a diverse, multilingual provider network. Over the past twelve months Valera has partnered with health plans and provider groups covering over 12 million lives. Valera intends to use the newly raised $15M to expand operations and business reach and will be expanding to multiple states in the coming months. The company is led by co-founder and CEO Dr. Thomas Tsang. Valera Health is a Brooklyn, N.Y.-based tele-behavioral health service that delivers longitudinal, team-based clinical care using coaches, therapists and medication prescribers augmented by proprietary digital technology. Its care model provides personalized treatment across a spectrum from meditation to therapy to medications for patients with mild depression to severe schizophrenia. The multidisciplinary care team includes licensed social workers, mental health counselors, nurse practitioners, and psychiatrists. The company is led by CEO and co-founder Thomas Tsang, MD. Valera plans to use new capital for strategic market expansion and to grow existing services. The articles report total funding to date of $9M following the latest raise.

• DNABLOCK

  Participated · Seed · Mar 2022

  DNABLOCK develops REPLIKANT, a flagship technology that lets distributed teams produce bespoke, high-quality digital 3D avatars, videos, games and even cinema-quality productions. The company focuses on tooling for creator communities in the decentralized Web3 medium. With this funding DNABLOCK plans to further scale and deploy REPLIKANT and empower key partners and creator communities to bring characters to life. The company will also establish an LA-based creator studio to launch new NFT talent and hire several key leadership roles. Leadership is led by co-founder and CEO Anthony Kelani and co-founder and CTO Luc Shurgers, with Scott Broock joining as Chief Strategy Officer following the round. Financially, DNABLOCK closed a second seed round of $7M to support these initiatives. DNABlock provides a virtual production platform called Replikant that uses a photo-to-avatar AI pipeline to turn a selfie into a customizable 3D avatar in about 40 seconds. Creators can fully customize characters from a library of clothing and props, render cinematic animated videos, and create multiplayer venues for live events that can be streamed. The platform also supports distribution of original content and avatar assets as NFTs and includes a private Discord community for creators. DNABlock has produced projects for clients including Fox, Apple TV+, video games, music labels, fashion designers, and award shows. The company was bootstrapped by cofounders Anthony Kelani and Luc Schurgers, who began work on the tech in 2017 and incorporated in 2019; it currently has 11 employees. DNABlock plans to use the new funding to bring the technology to a broader community of individual creators and companies on its waitlist later this year.

• Learnfully

  Participated · Seed · Dec 2021

  Learnfully is a tech-enabled personalized learning platform that creates tailored programming plans and connects learners with specialized educators, tutors, and therapists. Its assessment combines human insights with a technology platform that analyzes responses and measurable impressions to build and maintain learner profiles and adaptive plans. The platform adjusts instruction on the fly through a feedback and progress engine, offering an end-to-end solution from assessment to instruction. Learnfully launched from stealth amid the COVID-19 pandemic to help learners with learning differences, neurodiverse learners, and others struggling in digital environments. The company was co-founded by Letha McLaren and Suchi Deshpande, who bring product leadership and education-technology experience to the business. Learnfully raised $1.25 million in initial funding to support its launch and scaling efforts.

• Osmosis

  Participated · Equity · Jun 2019

  Osmosis provides supplemental educational videos, quizzes, flashcards and a recommendation engine that uses spaced-repetition and contextual recommendations to improve knowledge retention. The platform hosts a library of over 1,100 videos produced by the former Khan Academy Health and Medicine team and has over one million YouTube subscribers and 500,000 registered users. Users can upload course documents to receive tailored video, quiz and flashcard recommendations. The company is promoting initiatives such as Care for Caregivers and an interactive feature that shows who else is online and learning globally. Co‑founders Shiv Gaglani and Ryan Haynes met at Johns Hopkins and began working on the business full time in 2016. Osmosis says it will use funds to increase reach within core health professional student markets and to expand into related allied health fields, with a stated goal to educate more than one billion clinicians and caregivers by 2025. Osmosis is a health education platform founded by Johns Hopkins medical students and based in Baltimore. The company produces illustrated videos, study tools such as flashcards and question banks, and has also released print books. Over the last year its video library grew from about 450 to more than 1,000 titles, and its content has accumulated 50 million views to date. Osmosis reports 350,000 active users and an 850,000-user audience on its YouTube channel; its paid "Prime" subscription is used in more than two dozen health professional schools. The company has expanded its print offerings and credits growth to content sharing network effects and deeper topical coverage. CEO Shiv Gaglani operates from Baltimore with a small local team and a larger remote team of full-time employees and contractors. Osmosis provides a personalized learning platform for medical and health professionals that helps users organize study plans, offers concept cards, flashcards and videos, and automatically recommends related course material. The company also produces animated medical-education videos distributed widely on Wikipedia and YouTube; its video team includes former Khan Academy Medicine members. Cofounders Shiv Gaglani and Ryan Haynes developed the product while medical students at Johns Hopkins and state the company’s mission is to provide clinicians the best education so they can provide the best care. Osmosis says it reaches about 300,000 people and has a distributed team of roughly 25 employees, with plans to grow its Maryland presence. The startup has participated in the Dreamit Health accelerator and won the Milken‑Penn Graduate School of Education Business Plan Competition in 2014. It has received support from individual investors and recent funding to support growth. Osmosis is a Philadelphia-based start-up that offers a learning app aimed at the medical community. The company's core product is a digital learning application designed for medical learners and professionals. At the 2014 Milken-Penn GSE Education Business Plan Competition, Osmosis won two prizes totaling $50,000: the Milken Family Foundation first prize ($25,000) and the American Public University System Prize for Innovation in Online Education ($25,000). As a finalist, Osmosis and other competitors were invited to participate in the Education Design Studio, Inc., a $2.1 million hybrid incubator-seed fund launched in fall 2013 in collaboration with Penn GSE. The competition is framed to connect early-stage education ventures with investors and researchers in educational innovation.

No current team members are available.