
Launchpad Digital Health
1275 Mission St, San Francisco, California, 94103, United States
Overview
Launchpad Digital Health partners with the best digital health entrepreneurs at an early stage to build companies that improve care, lower costs, and increase patient convenience. We provide significant capital to our digital health companies. Investments from LDH are up to $1M in the seed round and $2-3M in the A&B rounds. LDH is looking for digital health companies ready to scale businesses focusing on healthy living, wellness, patient compliance, remote diagnostics and monitoring, electronic health and wellness records, data analytical tools and big data, and independent living support. The founders of Launchpad Digital Health have funded and operated a myriad of companies throughout the healthcare and technology sectors, including digital health companies, for the past two decades.
- Total investments
- 12
- Lead investments
- 6
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Business Development
- Health Care
- Information Technology
- Mobile
Investment portfolio
- Harmonize
Led · Series A · Mar 2021
Harmonize Health is a software-plus-services remote monitoring and care platform that connects patients with providers for high-risk elderly care. Patients use Harmonize-provided devices and a mobile app to transmit vitals, while an AI-powered platform alerts medical staff to patients likely needing attention. The platform enables timely, high-value interventions intended to keep patients at home and away from the ER. Customers including Intermountain Healthcare and Choice Physicians Network have seen a 30% reduction in emergency room visits and hospital admissions. Harmonize reported 500% revenue growth in 2020 and says customers achieve a 7X return on their spend. The company plans to expand its reach with organizations focused on elderly, high-risk patient populations.
- Anagram
Participated · Series A · Feb 2020
Anagram, established in 2014 as Patch and since rebranded, offers a SaaS platform delivering real-time price transparency and streamlined insurance benefit processing for healthcare purchases. Its software enables clinicians to check patient eligibility, inform patients of what they owe, and transact instantly without calling insurance companies or submitting paper claims. The company positions its product as a means to reduce administrative burden and increase transparency in care delivery. Anagram is led by CEO and founder Jeremy Bluvol and employs a team of 96. The company announced a $9.1 million Series A that brings total funding to $14.9 million. CEO Jeremy Bluvol said the rebrand reflects a continued effort to rearrange and shake up the way healthcare is delivered.
- Limelight Health
Participated · Series C · Jan 2019
Limelight Health delivers a cloud-based, configurable microservices platform for quoting, rating, proposal generation, renewals, underwriting, enrollment support, reporting, agent self-service and document management for carriers, underwriters, agents and advisors. The platform automates pre-sales, new business processing and integrates with industry systems and services. The company plans product development to add more automation, enhanced workflows, an underwriter certification program and risk scores derived from datasets to improve underwriting. Limelight also supports consumer delivery and agent self-service capabilities and offers configurable modules for varied business needs. It operates from San Francisco with satellite locations in Redding, California and Des Moines, Iowa and maintains a remote workforce. The company will use new funding for customer acquisition, global expansion and hiring. Limelight Health provides a real-time, automated platform that streamlines quoting, sales, enrollment and renewals for the employee benefits industry. Its first product, QuotePad, enables on-demand health plan rate data and price quotes, auto-generates custom sales proposals, and supports electronic enrollments and decision support. The company's API integration connects into popular online CRM and employee benefits platforms, including Salesforce, Microsoft Dynamic, Bernie Portal, California Choice and EaseCentral. Limelight licenses its software to insurance carriers, PEOs, payroll companies, brokers, general agents and enrollment exchanges. QuotePad is currently available in California, Colorado, New York, New Jersey, Illinois and Texas, with planned real-time quoting and enrollment availability in Maryland, Virginia, Pennsylvania, Oregon, Utah, Rhode Island and the District of Columbia starting September 1, 2017. The company has offices in San Francisco and Redding, California and intends to use new funds to accelerate growth and expand its software platform. Limelight Health is a San Francisco–based provider of mobile enterprise technology for the health insurance industry. Its core product, QuotePad, is a cloud-based, data-driven mobile quoting and modeling platform that enables brokers, carrier sales representatives and underwriters to quote and compare employee health insurance benefits in real time. The platform offers real-time analytical functionality, interactive plan cost modeling, import/export of plan and contribution selections, and an API/open integration with CRM, benefits administration, payroll and accounting systems. The company plans to use the new funding to grow its sales and engineering teams, deliver product enhancements to its SaaS platform and expand distribution nationally. Limelight Health was founded in February 2014 by CEO Jason T. Andrew.
- Hint Health
Participated · Series A · May 2018
Hint Health offers HintOS, a platform designed to help providers of any size manage enrollment, membership management, and billing for membership-based direct primary care (DPC). HintOS also supports direct-to-employer contracting by managing eligibility and a payment process that does not depend on fee-for-service infrastructure. The company operates Hint Connect, a national network of DPC providers, and runs the Hint Summit conference as well as a free DPC Accelerator training and coaching program for customers. Hint Health plans to use the new funding to further develop its operating-system technology for core customers, expand the Hint Connect network, and increase services supporting virtual-first care models and near-site/on-site clinics that contract directly with employers. Led by CEO Zak Holdsworth, Hint Health is available nationally and powers over 2,400 DPC providers and 1,600 clinical locations, reaching nearly 800,000 patients. The platform automates the administrative processes for DPC practices that offer primary care directly to consumers for a fixed monthly fee. Hint Health is a provider-focused direct care administration platform that enables doctors to disintermediate the health insurance industry. The platform provides healthcare providers with tools to operate and administer their own plans and compete directly with insurance-based models. Founded in 2013 and based in San Francisco, the company was co-founded by Zak Holdsworth and CTO Graham Melcher. Clients include Redirect Health, Nextera Healthcare, Wellness For Life, Peakmed, and Parsley Health. The company intends to use the new funding to continue expanding operations. Financially, Hint Health secured a $10M Series A led by AXA Venture Partners with participation from several strategic and healthcare investors.
- Elemeno Health
Led · Seed · Dec 2017
Elemeno Health provides a cloud solution delivering hyper-localized, bite-sized support (how-to video, interactive decision guides, and updates) tailored to each team’s workflows and resources. Designed by former nurses for nurses, the product acts as an information hub that lets provider organizations update clinicians on changing protocols, policies, and departmental matters. Elemeno’s content is accessible, digestible, and customized to hospital departments, and is available just-in-time on any device to drive consistent delivery of care. The company reports deployments in major U.S. health systems including UCSF Health, El Camino Health, LCMC Health, and OSF HealthCare. Reported outcomes tied to Elemeno usage include up to a 50% reduction in turnover, replacement of up to 90% of in-person competency-verification interactions, and decreases in medical errors and hospital-acquired conditions by up to 75%. Elemeno is led by founder Dr. Arup Roy-Burman and was awarded the American College of Emergency Physicians’ 2021 Emergency Medicine Innovator of the Year. The company announced a Series A equity financing amid heightened demand for tools to support stressed frontline staff. Elemeno Health is a U.S.-based SaaS medical information platform that delivers context-driven microlearning to frontline healthcare teams. Its cloud-based platform is accessible from desktop to mobile and provides institutional best-practice guidelines, up-to-date checklists, and how-to videos. Social and gamification features enable recognition, friendly departmental challenges, and a feedback loop for leadership to learn what works. The company says it transforms complicated practices into bite-sized steps to improve practice consistency and reduce medical errors. Elemeno claims its product has improved patient outcomes and saved providers millions. The company is raising funds via a Regulation CF campaign to continue growth and platform development. Elemeno Health offers a cloud-solution app that functions as a virtual coach for frontline medical professionals, delivering best-practice guidelines, up-to-date checklists and how-to videos accessible from any device. The software simplifies complicated protocols into bite-sized, just-in-time learning and includes social and gamification elements to motivate team members. The app does not use patient data and is designed to meet strict HIPAA security standards. The company plans to use recent funding to further develop and invest in its proprietary cloud solution for frontline teams. Elemeno was founded in 2016 by Arup Roy-Burman, MD, who serves as CEO, and is based in Oakland, CA. No operating metrics or revenue figures were disclosed in the article.