Venrock continues a tradition of partnering with entrepreneurs to establish successful, enduring companies. With a primary focus on technology and healthcare, portfolio companies have included Apple Computer, Athenahealth, Centocor, Check Point Software, DoubleClick, Endeca, Gilead Sciences, Idec Pharma, Imperva, Illumina, Intel, Nest, SlideShare, and Tudou.

Venrock

Shasta Ventures invests in startups in sectors. Their program consists of a proven methodology and a set of comprehensive playbooks that dive deep into the obstacles and challenges of early-stage startups. There is no one-size-fits-all when it comes to early-stage, so this agile program allows founders to tap into the resources they need when they need them.

Shasta Ventures

GV supports innovative founders moving the world forward. We invest across the life sciences, consumer, enterprise, crypto, climate, and frontier technology sectors. With Alphabet as a sole limited partner, GV operates on long time horizons and deals in decades, not rounds. Our operating partners support startups at the earliest stages of company-building across design, equity, diversity & inclusion, talent, and engineering. We also help startups interface with Google, providing unique access to the world's best technology and talent. Launched as Google Ventures in 2009, GV has over $8 billion in assets under management and 400 active portfolio companies across North America and Europe. Notable investment outcomes include Uber, Nest, Slack, GitLab, Duo Security, Flatiron Health, Verve Therapeutics, and One Medical. GV is headquartered in the San Francisco Bay Area, with offices in Cambridge, New York, and London.

Google Ventures

Andreessen Horowitz is a venture capital firm specializing in investing in seed, start-ups, early, mid-stage, growth, and late-stage. It prefers to invest in the social media business and technology sector with a focus on software, back-end infrastructure, the infrastructure of the Internet, cloud computing, enterprise software and services, consumer, business Internet, mobile-Internet, consumer Internet, cloud computing, data storage, social network browsers data-storage, consumer electronics, networking functions, software related biology, biotech, and medicine companies at the intersection of computer science and life sciences with a focus on digital therapeutics, cloud technology in biology, and computational medicine.

Andreessen Horowitz

Lerer Hippeau is a seed-stage venture capital firm founded and operated in New York City. Since 2010, they have invested in entrepreneurs with great ideas who aren’t afraid to do hard things. Their portfolio includes more than 400 enterprise and consumer businesses including Guideline, MIRROR, Blockdaemon, K Health, Allbirds, ZenBusiness, and Thrive. They’re experienced operators who invest early and stay in their founders’ corners as they build iconic companies.

Lerer Hippeau

Techammer is an angel investor who helps founders solve important problems. Designers invest in data science, digital health, and companies that accelerate science. Companies that improve the lives of ordinary Americans pique our interest. The designers are both Midwesterners (Jeff from Michigan/Indiana and Halle from Ohio), and we both started our careers bagging groceries. Designers met in San Francisco, where we both lived for three months. The designers got married in Italy and just moved to the East Coast.

Techammer

iSeed is an early-stage investment company.  They focus on consumer mobile technology with a keen interest in healthcare. iSeed is committed to partnering with the next generation of technology startups to grow a lasting and impactful company.

iSeed Ventures

TomorrowVentures is a seed and early-stage venture capital firm focused on developing innovative ideas that have the power to change the way we live, interact, and thrive. Founded in 2009 with a unique approach to venture capital and an extensive, diverse base of experience and expertise, we add value far beyond capital. Our goal is to grow companies capable of transforming technology, lifestyle and philanthropy.   The firm is currently evaluating new opportunities. TomorrowVentures is headquartered in Palo Alto, California and has an office in Denver, Colorado.

TomorrowVentures

Virgin is a leading international investment group and one of the world's most recognised and respected brands. Conceived in 1970 by Sir Richard Branson, the Virgin Group has gone on to grow successful businesses in sectors ranging from mobile telephony, travel, financial services, leisure, music, holidays and health & wellness.  Virgin employs more than 65,000 people around the world, operating in over 50 countries. The Virgin Group is managed by [Virgin Management] (www.crunchbase.com/virginmanagement) - who support the Branson family and the growth of the Virgin brand.

Virgin Group

23andMe is a human genome research company enabling users to study their ancestry, genealogy, and inherited traits. A startup co-founded by Linda Avey and Anne Wojcicki, the wife of Google co-founder Sergey Brin, 23andMe has plans to make the human genome searchable. Brin, along with Google, gave 23andMe $3.9 million as part of a series A in May of 2007. The company was named after the number of chromosome pairs in humans. They aim to help people understand what their genes mean by indexing them and highlighting significant findings. 23andMe allows its clients/users to study their ancestry, genealogy and inherited traits. The company also markets to researchers and scientists, for whom they provide neatly categorized and easily searchable data. One reason the Google investment in 23andMe made sense was that this company could enable the search giant to index another facet of the world's information. With the Biotech and Health Care industries growing rapidly, 23andMe could help Google get and maintain a market hold in these already multi-billion dollar areas.

23andMe

Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with over 150 active portfolio companies and more than 20 exits over a billion dollars, including 99 Taxis, Cruise Automation, Fitbit, Invensense, NQ Mobile, Waze, and more. As a global investor, Qualcomm Ventures helps connect entrepreneurs to the resources, relationships, and deep industry expertise they need to succeed in the mobile technology ecosystem.

Qualcomm Ventures

Tenaya Capital is a venture capital firm with offices in Woodside, California, and Boston, Massachusetts. Founded in 1995 as Lehman Brothers Venture Partners, they became an independent company in 2009. Over the years they've raised five funds representing over $1 billion of committed capital, investing it in a wide range of high-growth technology companies including software, consumer Internet, communications, semiconductors, electronics, and cleantech.

Tenaya Capital

Rock Health Capital is a full-service seed fund that invests in and supports startups working in digital health. The company invests in entrepreneurs working at the intersection of healthcare and technology. Rock Health Capital is a digital health-focused investment firm.

Rock Health Capital

Dignity Health offers services including cardiology, neurological conditions, orthopedics, oncology, and women's services. They also offer video visit resources using mobile and computers. They connect through their apps that track health, doctors, appointments, directions to hospitals, and health content.

Dignity Health

Jump Capital is a thesis-led, sector-focused, and operating-centric venture capital firm specializing in Seed/Series A. Jump invests in data-driven technology companies within the FinTech, B2B SaaS, IT/Data Infrastructure, and Media sectors. With offices in Chicago and New York, Jump provides advocacy and support through a platform of institutional-level resources for entrepreneurs.  Jump's philosophy is to align with talented management teams that desire a trusted partner with real-world operating experience and a firm with an operating platform targeting initial investment checks between $2M to $10M.

Jump Capital

Rosemark Capital Group is a private equity firm that specializes in growth equity investments in tech-enabled businesses. The firm's specific focus is on healthcare, financial services, and business services. It was founded in 2014 and headquartered in Princeton, New Jersey.

Rosemark Capital Group

WiL (World Innovation Lab) is a venture capital firm that partners with leading global corporations and government entities in Japan and Asia. With offices in Palo Alto, California, and Tokyo, the firm’s mission is to serve as a bridge between startups and corporations in the United States and Asia, with a particular focus on Japan. WiL supports its portfolio companies by establishing corporate partnerships that enable U.S. and European startups to scale globally, and Japanese startups to innovate and globalize. WiL invests in emerging technology spanning fintech, insurtech, automation and productivity, cybersecurity, cloud infrastructure, developer tools, health tech and sustainability. Notable WiL investments that have exited to public markets from Fund I and Fund II include Asana, Mercari, Raksul, Wise and Auth0 — whose acquisition by Okta was completed in May 2021. WiL also invests in exceptional venture funds, and supports its LPs in corporate venture investment efforts. WiL also works with its corporate investors on evolving their own innovation capabilities through new business creation, partnerships with leading startups, and organizational culture change. WiL acts as the bridge between startups and corporates across key innovation hubs around the globe in driving growth - starting with Japan and the US.

WiL (World Innovation Lab)

ACME Capital is a venture capital and private equity firm that invests in breakthrough technologies that fuel platform shifts and disruptive business models that capitalize on new platforms. Its purpose is to support those founders who choose to take their capital.  The firm was founded in 2018 and headquartered in San Francisco, California.

ACME Capital

Blue Cloud Ventures (BCV) is a software-focused growth equity venture capital firm based in New York City.  The fund targets investments in leading SaaS, infrastructure and open source software companies. BCV offers entrepreneurs an alternative to raising a traditional growth round by being flexible on amount invested, ownership requirements, board representation and exit horizon. BCV supports entrepreneurs in raising the optimal growth round and enables early-stage investors to double down on their most promising companies.

Blue Cloud Ventures

Princeville Global is an investment firm focused on backing rapidly-growing technology-related companies around the world. It believes that technological innovation is accelerating, and that disruptive business models are propagating faster than ever before. Its team has a worldwide network of relationships built over decades of experience investing in and advising rapidly growing technology-related companies. They are at the foundation of a cross-Pacific firm with offices in San Francisco and Hong Kong.

Princeville Global

Goldman Sachs Investment Partners is a global team of professionals from a wide range of backgrounds with one common goal—driving technology-based disruption. They have invested more than $6 billion in over 100 late-stage venture capital and growth equity transactions since 2003. They are dedicated to partnering with entrepreneurs around the world to build revolutionary businesses.

Goldman Sachs Investment Partners

Ridgeview Asset Management offers wealth management services from a different perspective. It is an independent adviser for those who appreciate that wealth can be managed better than the approach taken by traditional asset management firms. In 2016, Ridgeview was created to be a partnership of sophisticated, like-minded individuals and institutions who seek superior performance through empirically driven techniques At Ridgeview, the client comes first.

Ridgeview Asset Management

General Atlantic is a private equity firm that provides capital and strategic support for growth companies. General Atlantic combines a collaborative approach, sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build market businesses.

General Atlantic

Doctor On Demand

Doctor On Demand is a video telemedicine company, offering on-demand and scheduled visits with US-licensed healthcare providers via any smartphone, tablet, or computer. It focuses on providing solutions for employers, health plans, retail clinics, and health systems. With solutions for employers, health plans, retail clinics, and health systems, Doctor On Demand is redefining the industry with top-rated customer experience, highest clinical standards, and implementation and customer success directors, as well as 24/7 customer support. The company was founded in 2013 and is headquartered in San Francisco, California.

<div><p>Doctor on Demand is an online provider platform that allows users to consult doctors through video, text messages, or phone calls. The company&rsquo;s services include urgent care (24/7 access to doctors), behavioral health, preventive health, and chronic care. It does not currently offer subscription plans and charges on a per-visit basis. Patients can either set up an appointment with a doctor or opt for a doctor on demand, which will direct them to the next available practitioner. Doctor on Demand charges different fees based on the medical specialties. On-demand sessions can also be extended for an additional fee.</p></div>

More important now than ever, telehealth will long outlast the pandemic that drove its growth.

Telehealth

<div>
  <p>
    Doctor on Demand is an online provider platform that allows users to consult doctors through video, text messages, or phone calls. The company&rsquo;s services include urgent care (24/7 access to doctors), behavioral health, preventive health, and chronic care. It does not currently offer subscription plans and charges on a per-visit basis. Patients can either set up an appointment with a doctor or opt for a doctor on demand, which will direct them to the next available practitioner. Doctor on Demand charges different fees based on the medical specialties. On-demand sessions can also be extended for an additional fee.  
  </p>
  <p>
    In addition to the business-to-consumer (B2C) model, Doctor on Demand also operates a business-to-business (B2B) model, providing a suite of virtual primary care services for the covered beneficiaries of employers and health plans. It was the first telemedicine company to integrate lab testing into its services in 2017. In May 2020, the company expanded telehealth services to the 33 million senior beneficiaries of the Medicare Part B program, becoming the first telehealth operator to do so. Doctor on Demand raised USD 75 million in July 2020 from General Atlantic, bringing the total funding to USD 235.7 million. The company was valued at USD 875 million after the round. The funds are being used to fund the growth and expansion of its virtual care model amidst the increased demand from the Covid-19 pandemic.
  </p>
  <p>
    In March 2021,  Doctor on Demand and Grand Rounds entered into a merger agreement to form a new virtual primary care company. The terms of the merger were not disclosed but the transaction is expected to take place within the first half of 2021 subject to regulatory approval.&nbsp;The companies has also signed a definitive agreement to acquire Included Health, a care navigation platform for the LGBTQ+ community in May 2021. This marks the first LGBTQ-specific healthcare platform to be acquired by a leading telehealth provider and would enable Doctor on Demand to enhance its member-centric digital offering by supporting diverse and underserved communities as well as capitalizing on the growing demand for LGBTQ specific offerings.&nbsp;
  </p>
  <p>
  </p>
</div>


<div>
  <p>
    Nice Healthcare is a US based telehealth company with a focus on primary care services to business-to-business (B2B) clients. Once the employer signs its employees with Nice (at a cost of USD 30 to USD 36 per employee per month), employees do not have to incur out of pocket expenses for Nice services and can schedule virtual or home visits within the time frames specified by the company. It connects patients with practitioners through a mobile app over video calls or text messages. Members can also request home visits which will be completed within a few hours, as claimed by the company. As of March 2022, Nice was operating in twelve states, and had over 400 small and medium enterprises (SMEs).
  </p>
  <p>
    In March 2022, the company raised USD 30 million in Series A financing led by DNA Capital which has been earmarked to expand its platform&rsquo;s reach among small and medium businesses. Additionally, the company is hiring three members for its management team to support the continuing growth of the organization.
  </p>
  <p>
  </p>
</div>


Nice Healthcare

<div>
  <p>
    Amicomed is a cloud-based Software-as-a-Service (SaaS) platform which provides blood pressure monitoring services. It collects blood pressure data of patients from at-home devices, applies algorithms, and assesses the fluctuations in the blood pressure. Physicians can be connected and provided with blood pressure data of their patients in order to facilitate their workload, enabling more personalized management of patients regarding medication and lifestyle indications. 
  </p>
  <p>
    Amicomed can also recommend actionable and personalized lifestyle interventions such as daily diet and exercises via virtual coaching.
  </p>
</div>


Amicomed

<div>
  <p>
    Winston is a men&rsquo;s health telemedicine platform that treats common issues impacting men such as sexual problems, hair loss, acne, and cold sores. Winston allows patients to consult doctors, place orders for prescription drugs, and offers free delivery to the homes of patients. 
  </p>
  <p>
    The Toronto-based company aims to avoid men deferring doctor visits or withholding sensitive information. The consultation fee is covered by the provincial health plan, but the prescriptions are billed to the customer.
  </p>
</div>


Winston

<div>
  <p>
    Eko Health is a cardiopulmonary digital health company that aims to improve heart and lung care for patients using sensors and artificial intelligence. The company produces connected handheld digital stethoscopes with electrocardiogram functionality to detect heart rhythm abnormalities using artificial intelligence (AI) algorithms. In 2020, the company obtained 501(k) FDA clearance for multiple algorithms that help detect heart murmurs and atrial fibrillation, or AFib. These algorithms were used in 2022 to develop the Eko App, which pairs to the company's stethoscopes for report generation, information sharing and carrying out examinations. 
  </p>
  <p>
    The company operates on a fee per unit B2B2C model and a D2C model, where it provides its technology to medical practitioners or patients for diagnostic purposes.
  </p>
  <p>
    In February 2023, Eko 
    <a href="https://sp-edge.com/updates/16677">
      launched SENSORA
    </a>
    , a cardiac disease detection platform that combines the company&rsquo;s existing digital stethoscopes with a machine learning-based platform. The platform enables primary care physicians to detect structural murmurs and assess heart arrhythmias by using a database of heart sounds to compare and identify anomalies in a patient's heart beat. 
  </p>
  <p>
    In April 2024, Eko 
    <a href="https://sp-edge.com/updates/28111">
      obtained FDA 510(k) clearance
    </a>
     for its AI-aided cardiac tool, Eko Low Ejection Fraction Tool (ELEFT). The tool is designed to assist providers in early detection of low ejection fraction, a significant sign of heart failure.
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    In March 2022, raised a further USD 30 million in an extension to its Series C round, which began November 2020. The total funds raised by the company stood at USD 126 million as of March. These funds have been allocated to support further commercialization efforts and develop new products for the company.
  </p>
  <p>
  </p>
  <p>
  </p>
  <p>
  </p>
</div>


<div>
  <p>
    Dialogue partners with employers and health insurers to offer telehealth services to their employees and members. The users have 24/7 access to doctors, nurses, and other healthcare professionals via audio, video, and chat options for wide arrays of physical and mental health needs, artificial intelligence-enabled (AI-enabled) triage, referrals, and prescription renewals. 
  </p>
  <p>
    The company launched its trademarked Integrated Health Platform in January 2021 to consolidate its virtual care,  wellness programs, mental healthcare services, and Employee Assistance Program (EAP) onto a single platform. The company claims to be the only integrated health and wellness B2B platform in Canada. 
  </p>
  <p>
    <b>Key Customers and partnerships</b>
  </p>
  <p>
    Dialogue had direct relationships with over 2,000 customers across Canada and Germany as of December 2020 and served around 50,000 organizations through these partnerships. In addition, the number of members with access to the virtual platform topped 1 million in January 2021. 
  </p>
  <p>
    <b>Fundings and financials</b>
  </p>
  <p>
    As of March 2021, Dialogue was planning to raise CAD 100 million (USD 80 million) from an initial public offering that will be listed on the Toronto Stock Exchange under the ticker symbol &ldquo;CARE.&rdquo; 
  </p>
  <p>
    In Q2 2023, net losses reduced significantly YoY to CAD 5.8 million (USD 4.3 million) from CAD 8.4 million (USD 6.3 million) in Q2 2022. Top-line revenue met internal expectations, growing 17.2% YoY to CAD 25.5 million (USD 19.0 million), driven by &nbsp;an increase in new members (by 18.6% YoY), 
    an expansion of the attach rate as existing customers added more services, and full-quarter contributions from Tictrac.
     
    Dialogue Health has not provided any forward-looking guidance as the company has entered into an agreement to be 
    <a href="https://investors.dialogue.co/English/news/news-details/2023/Dialogue-to-be-Acquired-by-Sun-Life/default.aspx">
      <u>acquired by financial services company Sun Life Financial</u>
    </a>
     for a consideration of CAD 365 million (USD 270 million) or CAD 5.15 (USD 3.82) per share. The transaction is expected to close in Q4 2023. Post acquisition, Dialogue will delist from the Toronto Stock Exchange but will continue to operate as a standalone entity under the &ldquo;Sun Life Canada&rdquo; brand from its head office in Qu&eacute;bec. 
  </p>
  <p>
  </p>
</div>


Dialogue

IoT is used by most telehealth providers to operate virtual services

All telehealth players are involved in digital health via virtual offerings

Industry players offer varying degrees of personalization for each target audience

Some players offer technology and platforms to healthcare providers, converting physical-only services into virtual services

Specific telehealth offerings focus on diversity and inclusion, providing care to LGBTQ+ or BIPOC populations

Generative AI is used to streamline administrative tasks such as clinical note-taking

Primary care through virtual consultations for general health-related concerns using a digital platform or mobile app. 

Doctor On Demand

Telehealth

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