Elements Health Ventures is a venture capital firm.

Elements Health Ventures

Idealab NY is a startup studio focuses on the earliest stage of a company creation.

Idealab NY

Distributed Ventures invests in entrepreneurs as they transform the future of risk across FinTech, InsurTech, Digital Health & Benefits. As former founders, investors, and operators, we provide deep subject matter and early-stage operational expertise to help companies find success from day one.

Distributed Ventures

Unum Ventures

Tuned

Tuned changes the model for hearing healthcare: from a reactive, hearing-aids focused approach, to a proactive approach that includes wellcare and early interventions.  Tuned empowers employers to deliver inclusive hearing health care to employees, across all hearing abilities.  Tuned supports the care with comprehensive product options to support hearing health, freeing employers from the need to evaluate thousands of headset and software combinations.  Today, 1.4 million people can access Tuned through employer benefits and services such as LEON.  Tuned is a private company headquartered in New York City, with audiologists across the United States and worldwide.  For more information www.tunedcare.com

<div>New York City-based Tuned provides specialized virtual care for hearing health. The company provides a range of services, including virtual consultations with audiologists, recommendations for different kinds of hearing devices and earphones, hearing aids, and tinnitus managing apps. The company provides an array of questions that can help frame an individual's issues after which users are recommended to have a consultation with an audiologist.&nbsp;</div>

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

Telehealth

Tuned Secures $3.5M To Grow Hearing Care Platform for Employers

<div>
 
 New York City-based Tuned provides specialized virtual care for hearing health. The company provides a range of services, including virtual consultations with audiologists, recommendations for different kinds of hearing devices and earphones, hearing aids, and tinnitus managing apps. The company provides an array of questions that can help frame an individual's issues after which users are recommended to have a consultation with an audiologist.&nbsp;
 
 
 The company operates on both a B2B2C basis, where it works with health plans and enterprise clients to provide its services, while also working on a D2C basis. As of September 2022, the company charges individuals USD 149.99 per consultation, and offers its enterprise clients a monthly per-member-per-month fee.&nbsp;
 
 
 In June 2023, the company 
 <a href="https://sp-edge.com/updates/19700">
 launched a teen-focused hearing solution
 </a>
 as part of an employer-sponsored benefit. Through the new product, teenagers between the ages of 13 to 17 are able to receive hearing assessments and virtual consultations as part of their parent&rsquo;s employee benefits across the US.
 
 
 Tuned 
 notes that as of February 2024, its hearing benefit solution is available to more than 1.4 million people. 
 
 
 Funding and financials
 
 
 In February 2024, Tuned raised USD 3.2 million in an 
 oversubscribed seed extension round led by Unum Group, along with participation from other venture capital firms. Tuned planned to utilize the investment to grow its commercial team, increase its roster of audiologists, and develop new offerings for its customers.
 
 
 
</div>

Nice healthcare is a virtual and in-home primary care provider that offers a suite of healthcare services to small and medium-sized businesses, including primary care, mental health therapy, and physical therapy. Nice healthcare operates on a fixed monthly fee per member model, allowing employees to access unlimited care without additional out-of-pocket costs. The company provides virtual consultations through its app, as well as in-home visits for physical exams, lab tests, and X-rays.&nbsp;As of <a href="https://www.nice.healthcare/locations">August 2024</a>, Nice Healthcare was operating in 12 states: Arizona, Colorado, Idaho, Iowa, Minnesota, Nebraska, Nevada, New Mexico, Oregon, Utah, Washington, and Wisconsin. The company's services covered <a href="https://www.nice.healthcare/the-nicessities/three-categories-of-primary-care#:~:text=Only%204%25%20of%20our%20patients,with%20Nice%20may%20look%20like.">over 95%</a> of issues patients typically discuss with their clinicians, with <a href="https://www.nice.healthcare/the-nicessities/three-categories-of-primary-care#:~:text=Only%204%25%20of%20our%20patients,with%20Nice%20may%20look%20like.">only 4%</a> of patients being referred to external specialists. The company employs nurse practitioners, registered nurses, physician assistants, and medical assistants to deliver care.As of <a href="https://www.nice.healthcare/the-nicessities/three-categories-of-primary-care">August 2024</a>, Nice healthcare offered 35 free labs and physical tests as well as in-home imaging services and prescribed over 550 free medications that could be picked up at over 60,000 pharmacies nationwide or delivered to patients' homes.&nbsp;Key customers and partnershipsIn <a href="https://www.prnewswire.com/news-releases/getlabs-and-nice-healthcare-partner-to-expand-access-to-virtual-healthcare-services-and-at-home-lab-testing-301813668.html">May 2023</a>, Nice Healthcare announced a partnership with Getlabs, a provider of at-home diagnostic collections. This collaboration aimed to expand access to in-home healthcare services and lab testing, allowing Nice healthcare patients to benefit from a more comprehensive suite of diagnostic tests.

Nice Healthcare

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.Amicomed can also recommend actionable and personalized lifestyle interventions such as daily diet and exercises via virtual coaching.

Amicomed

Winston is a men’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.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.

Winston

Dialogue is a leading virtual care and well-being platform that provides comprehensive health services to organizations and their employees. Founded in 2016, the company offers an integrated health platform that centralizes various health and wellness programs in a single application, accessible <a href="https://www.dialogue.co/en/blog/dialogues-2023-year-in-review#:~:text=Serving%2015%25%20of%20the%20Canadian%20population&amp;text=How%3F,aspects%20of%20their%20well%2Dbeing.">24/7/365</a>. Dialogue's services include primary care, mental health support, employee assistance programs, and wellness initiatives. As of <a href="https://www.dialogue.co/en/blog/dialogues-2023-year-in-review#:~:text=Serving%2015%25%20of%20the%20Canadian%20population&amp;text=How%3F,aspects%20of%20their%20well%2Dbeing.">December 2023</a>, Dialogue's platform was accessible to around 6 million Canadians, representing approximately 15% of the country's population.The company saw significant growth in <a href="https://www.dialogue.co/en/blog/dialogues-2023-year-in-review#:~:text=Serving%2015%25%20of%20the%20Canadian%20population&amp;text=How%3F,aspects%20of%20their%20well%2Dbeing.">December 2023</a>, with a 34% increase in consultations across all aspects of well-being in 2023 compared to the previous year. Mental health consultations, in particular, saw a 67% increase.&nbsp;In <a href="https://www.newswire.ca/news-releases/dialogue-enters-into-license-agreement-with-sun-life-u-s--824463104.html">July 2023</a>, Dialogue was acquired by Sun Life for an undisclosed sum, expanding its reach beyond Canada. This expanded service reach was estimated to cover an additional 600,000 members in the US. The acquisition was completed in <a href="https://www.sunlife.com/en/newsroom/news-releases/announcement/sun-life-completes-the-acquisition-of-dialogue-canadas-premier-health-and-wellness-virtual-care-platform/123792/">October 2023</a>, with Dialogue continuing to operate as a standalone entity.Key customers and partnershipsThe company has partnerships with major insurers and benefits providers to offer its services as part of employee benefits packages. Additionally, the company noted that, as of <a href="https://www.dialogue.co/en/pricing">August 2024</a>, it worked with over 50,000 companies across Canada to provide its services to employees.

Dialogue

Grin offers telemedicine and remote monitoring services for orthodontic needs such as braces and teeth straightening. Patients can conduct self-scans (using a Grin device made available to patients in collaboration with 3M) which can be connected to their smartphones and share the feed with orthodontists to access dental solutions. The company plans to go to a subscription-based model after the pandemic. The app also encourages patients to have a 40-second check monthly and share the scan with a dentist in order to allow patients to regularly maintain their dental hygiene.Grin is the only Telehealth disruptor covered on the hub that provides virtual orthopaedic consultations.Funding and financialsIn April 2021, the New York-based teledental platform concluded a seed funding of USD 14 million, and the funds will be allocated to develop additional functionalities by building out its technology. The proceeds will also be used to scale up its team, expand its geographic footprint, and add doctors to the company’s orthodontic partner network.

Grin

Real-time collection of patients’ health-related data using any remote patient monitoring device combined with general telemedicine services to reduce readmission rates.

A platform that facilitates the transmission of patient data to different locations for further evaluation and interpretation by medical specialists.

A digital platform that offers specialty care services to address the specific needs of a patient or demographic, including consultations where patients are generally reluctant to meet practitioners face-to-face.

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

Companies developing B2B software solutions for patient engagement, care navigation, practice management, and electronic health records integration to facilitate telehealth services for healthcare providers.

Companies that use GenAI as a core part of their product offering for Telehealth

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

<div>
 
 Digital hearing health company Tuned has secured USD 3.2 million in a seed extension round that was oversubscribed. The round was led by Unum Group and included contributions from various venture capital firms. So far, Tuned has managed to amass a total funding amount of USD 8.2 million.
 The company has announced plans to invest this latest funding in the expansion of its commercial team. The money will also be used to beef up the company's roster of audiologists and to conceive new offerings for its customers.
 As mentioned by the company, its hearing benefit solution is currently accessible to over 1.4 million individuals as of February 2024.
 
</div>

Tuned

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