M13 provides strategic counsel and operational expertise to help founders grow their companies. Through Fund II, M13 will expand its focus to emerging technologies driving change in consumer behavior over the next decade.   Founded in 2016 with offices in Los Angeles, New York, and San Francisco.

Founded by serial entrepreneur Kevin Ryan, AlleyCorp is both a startup studio and fund that founds companies and invests in early stage companies. AlleyCorp is exclusively focused on investing in transformational companies in New York City. Since its inception, we have launched companies that have raised over $1B+ in funding with an aggregate value of $10B+. As a venture / idea studio, AlleyCorp originates the idea, forms the founding team, funds the initial 6-12 months, launches the company, and maintains integral leadership throughout the company's lifecycle. Some companies that have been founded through AlleyCorp include MongoDB, Business Insider, Gilt Groupe, Zola, Nomad Health, Workframe, and CoEdition.  AlleyCorp will also invest in very early stage companies usually as the first seed investor.  Moreover, we believes in supporting first time founders. Our goal is to co-create and invest in truly transformational companies with inspiring leaders.

AlleyCorp

They aim to support and nourish passionate entrepreneurs and inspiring brands that will make the daily lives of people healthier, happier, and more enlightened. They’re guided by their own experiences as entrepreneurs, and  they view all of their investments as partnerships—working with the founders to reach their unique goals. As individual investors, they are open to different paths to growth and exit strategies, and this flexibility is central to the promise they make their brands: they’re here to help you win big.

Able Partners

Capable Health

Capable Health is a developer platform that builds digital health experiences with less code, time, and money. Healthcare providers can now use Capable's platform to launch their own branded digital clinic, guiding their patients seamlessly through onboarding and sign-up. The platform is delivering personalized care plans to keep patients on track with their health goals and connect patients and providers directly through messaging and video chat. Its one-stop platform enables any doctor to open a digital clinic in days, not years. Capable Health was established in 2020 and is headquartered in New York.

Capable Health is a healthcare infrastructure company based in New York that has developed an industry-first software platform enabling healthcare providers to launch and scale their own fully HIPAA-compliant digital clinics. The company's platform allows providers to guide patients seamlessly through onboarding, sign-up, deliver personalized care plans to keep them on track with their health goals, and facilitate direct communication between patients and providers through messaging and video chat. This platform reduces the cost and time required to launch a HIPAA-compliant mobile app by 80%. While it typically takes at least USD 425,000 and 15 months to develop such an app from scratch, Capable Health's platform enables providers to launch a digital clinic in days.

Capable Health Raises $6M to Underpin The Next Revolution in U.S. Healthcare

Capable Health Raises $6M for its Health Tech Infrastructure Platform That’s Fueling Innovation in Digital Health – AlleyWatch

Enabling the health systems to seamlessly connect, exchange, and interpret shared data

Hospital Interoperability

Capable Health is a healthcare infrastructure company based in New York that has developed an industry-first software platform enabling healthcare providers to launch and scale their own fully HIPAA-compliant digital clinics. The company's platform allows providers to guide patients seamlessly through onboarding, sign-up, deliver personalized care plans to keep them on track with their health goals, and facilitate direct communication between patients and providers through messaging and video chat. This platform reduces the cost and time required to launch a HIPAA-compliant mobile app by 80%. While it typically takes at least USD 425,000 and 15 months to develop such an app from scratch, Capable Health's platform enables providers to launch a digital clinic in days.
The company has curated a suite of best-in-class partners, allowing providers to easily integrate popular, HIPAA-compliant vendors for messaging, scheduling, lab orders, and a staffing network for prescription fulfillment without writing a single line of code. As of May 2022, Capable Health's existing customers included venture-backed healthcare companies operating in diverse areas such as allergy care, functional medicine, and women's health.

Redox is a leading healthcare technology company that provides a secure and efficient platform for exchanging healthcare data. Its core offering is an integration engine that enables seamless connectivity between various healthcare systems, electronic health records (EHRs), and digital health applications. By acting as a single, standardized API endpoint, Redox simplifies the complex process of interoperability, allowing healthcare organizations to share and access patient data seamlessly.
Redox's platform is built on a standardized data model format, utilizing HTTPS communication with JSON to facilitate secure and convenient integration for healthcare applications. The company's ecosystem encompasses a vast network of over 2,000 healthcare delivery organizations, 350 healthcare software vendors, and connections to more than 90 EHR systems. This extensive reach enables Redox's customers, including payers, providers, and digital health companies, to exchange data with a wide range of healthcare stakeholders.
The company's offerings include Redox Nexus, a managed integration platform that facilitates interoperability between legacy formats and the current FHIR standard; Redox Nova, which enables cloud-based data integration and translation of legacy standards into FHIR; Redox Access, which connects to national clinical networks like Carequality and DirectTrust for seamless clinical data exchange; and Redox Chroma, an Enterprise Master Patient Index (EMPI) solution that aggregates patient records across multiple data sources.
Key customers and partnerships
Redox has established partnerships with leading healthcare organizations and companies, including Mytonomy, a video-based patient engagement company. Mytonomy leverages Redox's integration capabilities to synchronize the assignment and viewership of its educational video modules with health system EHRs, ensuring seamless documentation of patient education activities.
Furthermore, Redox has collaborated with Columbia University Medical Center's Department of Cardiology, enabling the integration of Mytonomy's patient education platform with the center's EHR system.
The company has also forged alliances with healthcare consulting firms like Productive Edge, providing joint solutions for healthcare data integration and strategy development.

Redox

Moxe Health, based in Madison, WI, is a healthcare interoperability company that utilizes innovative technology to simplify and improve the secure exchange of clinical data and crucial insights between healthcare payers and providers. Through its API-enabled solutions compatible with leading electronic health records (EHRs), Moxe fosters meaningful collaboration within the healthcare ecosystem by connecting various stakeholders and facilitating faster, more cost-effective data exchange.
The company's digital release of information (ROI) product automates requests for medical charts, enabling providers to securely fulfill such requests in seconds, eliminating manual processes, paper, faxes, and phone calls. Additionally, Moxe's convergence product allows payers to input their insights directly into the EHR for providers to access. By streamlining data sharing, Moxe empowers providers and payers to optimize operations, improve accuracy, and deliver better financial and clinical outcomes.
As of June 2022, Moxe's network connected major health systems, national health plans representing over 75 million lives, leading third-party requestors, and more than 60 hospital systems. The company aimed to accelerate its mission of advancing interoperability and making healthcare more affordable by eliminating administrative waste through its patient-centric solutions.
Key customers and partnerships
Moxe Health partners with leading healthcare organizations, including Allscripts, whose Allscripts Sunrise EHR users can leverage Moxe's Digital ROI solution for efficient data exchange between health systems, payers, and third-party requestors.

Moxe Health

Particle Health is a developer-friendly API platform that aggregates and standardizes data from over 270 million patients' medical records across thousands of healthcare sources in the US. The company's comprehensive API enables healthcare providers and digital health companies to easily obtain clinical data points and actionable patient health insights through a single integration. Particle Health's technology performs patient matching behind the scenes to connect accounts within HIPAA authorization, overcoming the challenges of accessing medical records across different portals and providers.
Since its inception, Particle Health has achieved significant milestones, including a 90% success rate in finding patient records and an average of 105 records per patient search as of July 2022. The company has expanded its offering beyond electronic medical records (EMRs) to include data sources such as pharmacy records, admission, discharge, and transfer (ADT) notifications, and billing claims data, with plans to integrate genomics and other sources in the future.
Key customers and partnerships
Particle Health has formed notable partnerships and collaborations with various healthcare companies and organizations. For instance, xCures, a technology platform that uses artificial intelligence and predictive modeling to identify and rank treatment options for cancer patients, has integrated Particle Health's Specialty Search capabilities. This integration allows xCures to efficiently access comprehensive oncology data, leading to a significant increase in program enrollment and better patient care management.
Another strategic partnership was announced in November 2023 between Particle Health and Hona, a customizable AI product that converts health records into concise patient overviews. By integrating Particle Health's API for medical record retrieval, Hona can analyze and present a complete view of a patient's health history, enabling providers to make informed clinical decisions and streamline care encounters.

Particle Health

Verto Health is a Canadian digital health company that offers a Digital Twin Orchestration Platform. Its patented machine learning technology consolidates data from various sources to create normalized, contextual snapshots – known as 'Digital Twins' – of each patient's healthcare journey. Verto's platform then automates actions across different systems while securely managing consent, data, and communication.
In October 2022, Unity Health Toronto implemented Verto's technology to help manage ambulatory patient flow, streamline consent management, and transform patient experience across dozens of ambulatory clinics. Verto's solution allowed Unity Health to coordinate and engage with patients before, during, after, and in-between hospital visits, supporting care pathway management and enhancing the patient experience.
Key customers and partnerships
In July 2023, Verto Health partnered with the Centre for Addiction and Mental Health (CAMH) to develop a web-based Digital Front Door platform. This platform aimed to digitize the patient journey and support data-driven, measurement-based care for CAMH's patients and care providers. The collaboration involved co-designing, configuring, and implementing the Digital Front Door to act as a single-point of entry for CAMH patients and families, enabling virtual care and integrating various patient-facing information systems.

Verto Health

Wellsheet is the leading provider of a Smart Electronic Health Record (EHR) User Interface (UI) solution that aims to reduce clinician burnout and increase efficiency and usability of EHRs. The company's technology utilizes artificial intelligence (AI) and machine learning algorithms to synthesize, summarize, and elevate relevant clinical data from EHRs like Cerner, Epic, or athenahealth, as well as other data sources.Wellsheet's Smart EHR UI predicts and prioritizes the most pertinent data based on a clinician's specialty and workflow habits, assembling it in an intuitive and customizable manner. This enables providers to quickly arrive at accurate clinical insights without compromising patient interactions. By embedding within existing EHRs, the solution helps clinicians understand what needs to be done and make more informed decisions while reducing errors.As of July 2022, Wellsheet had an enterprise-wide deployment with over 10,000 clinicians using its interface, reducing the time spent in EHRs for physicians, nurses, and care managers. The company's FHIR-based APIs allow for rapid implementation across multiple data sources within weeks and minimal training requirements.

Wellsheet

Includes tools that allow healthcare providers to aggregate clinical data (both structured and unstructured) from a variety of sources and share this information with other providers, patients, or insurance providers.

Platforms that provide interoperability APIs and developer toolkits that allow siloed healthcare applications or systems to communicate with each other. Targeted at both healthcare providers and digital health apps.

Software platforms that integrate patient information (including social determinants of health) from multiple sources to digital tools. These tools support patient management and offer actionable insights on a patient's health by leveraging data analytics.

Healthcare data is exchanged, shared, and interpreted via digital mediums

AI/ML algorithms aggregate and standardize data for seamless sharing between healthcare systems

IoT technology is being used to improve hospital interoperability, connectivity, and secure data sharing

Capable Health

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