The Venture Codex

Led · Seed · Dec 2015

Savonix offers Savonix Mobile, a fully mobile cognitive assessment platform available on Android and iOS that delivers accessible, accurate and affordable assessments for healthcare providers, payers and researchers. The company leverages machine learning to gather insights linking cognition to biomarkers and diseases such as diabetes and dementia. Led by clinical neuropsychologists and digital health technology experts, Savonix supports diagnostic screening and treatment-planning workflows. The company plans to accelerate growth and market expansion in the US and Asia and to further develop and add features to its lead product to better assess, track and monitor cognitive health. Savonix also intends to build personalized treatment plans and expand cognitive datasets, including for non‑Caucasian populations. Financially, Savonix completed a $9.6M Series A extension, bringing the total round to $14.7M. Founded in 2015 and based in San Francisco, Savonix provides Savonix Mobile, a mobile cognitive assessment platform that gives healthcare providers, payers and patients a comprehensive view of critical domains of cognitive function. The platform enables clinicians to assess, track and understand a patient’s cognitive health and to build individualized treatment plans. Savonix plans to use new funding to scale its business into global markets, including Japan and China, and to develop additional partnerships with medical organizations. The company also intends to invest in its data science and product teams to enhance the offering. Financially, the business announced a $5.1M Series A that brought its total financing to $6.6M. In conjunction with the round, executives from investors will join Savonix’s board. Savonix is a San Francisco, CA-based developer of an evidence-based digital neuro-cognitive assessment and brain health platform. Led by Dr. Mylea Charvat, CEO and Founder, Savonix is building a mobile platform that enables end users to conduct a full clinically recognized cognitive assessment directly from their mobile device in half an hour. The platform also provides a suite of complementary tools intended to help individuals, employers, and healthcare and primary care physicians evaluate and leverage results to improve brain health. The company closed $1.5M in seed funding and plans to use the proceeds to hire new staff and to launch and scale its flagship assessment product. Savonix's offerings are positioned at the intersection of clinical assessment and consumer-accessible mobile health.

Led · Series A · Aug 2015

Zoojoo.be (Uber Health Tech Private Ltd) builds social wellness apps for corporate staffers, offering gamified health challenges and an online tracking interface. Employees pick customised health challenges, track activities, earn points and form teams with coworkers to drive behavioural change. The platform claims over 35,000 users across clients such as Mindtree, Unisys and GE and operates in India and the UAE. Founded in August 2013 and incubated at IIM Bangalore, the company previously raised undisclosed seed capital in May last year from a group of investors. At the time of the raise the team comprised eight staffers including co-founders Anandraj Koormapolu, Moovendran A and CEO Avinash Saurabh. Zoojoo.be plans to use recent funding to hire behavioural‑science and product‑development experts to expand and improve its offering.

Participated · Equity · Nov 2014

know'N'act provides a cloud-based customer engagement platform that lets marketing and operations teams respond to customer feedback down to the individual and specific location. The platform offers real-time alerts via text, email and push notifications tailored to each location or department. It includes an analytics and reporting dashboard to manage campaigns, track feedback and take action based on real-time data. Additional features include customizable sweepstakes and couponing workflows and customizable signage for physical locations to drive feedback submissions. The company lists customers such as MOD Pizza, McDonald’s, Skoda Auto, Precor, PRO Sports Club, Best Western, Club Quarters and the Seattle Art Museum. know'N'act is led by CEO Srivats Srinivasan and is based in Seattle, Chicago and Mumbai.