Kleiner Perkins is a venture capital firm specializing in investing in early-stage, growth, and incubation companies. The firm continues that legacy, investing in founders with bold ideas that span industries and continents, partnering with them from inception to IPO and beyond to maximize the potential of their ideas. They also focus on early computer firms using their devices and programming and service companies. It also invests in the digital, life sciences, and healthcare industries.

Kleiner Perkins

Quest Venture Partners is an early stage venture capital firm located in Palo Alto CA. They invest between $300k-$1.5MM in early stage companies, with typical investments being around $500k.

Quest Venture Partners

Kapor Capital is an investment firm that invests in early-stage tech-enabled startups. They are an Oakland-based fund that understands that startup companies have the ability to transform entire industries and to address urgent social needs as they do so. It was founded in 1999 and headquartered in Oakland, California.

Kapor Capital

Initialized Capital is an early-stage venture capital firm focused on the seed. Initialized has 6 investing partners and over $3.2B under management over five core funds since its founding in 2012. The firm's startups have created in aggregate over $200B in market value so far.

Initialized Capital

Simple HealthKit

Simple HealthKit provides diagnostic healthcare services. They offer tests on covid, sexually transmitted diseases, respiratory and general wellness tests. They provide services for education, retail, and providers.

<div>California-based Simple HealthKit is a provider of at-home, in-clinic, and at-pharmacy testing for sexual health, chronic conditions, and respiratory illnesses. The company allows patients to collect samples and either return them via mail or in person at clinics or pharmacies for interpretation and diagnosis. Options for treatments and follow-up consultations are provided, should the tests be positive.&nbsp;</div>

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

Telehealth

<div>
 
 California-based Simple HealthKit is a provider of at-home, in-clinic, and at-pharmacy testing for sexual health, chronic conditions, and respiratory illnesses. The company allows patients to collect samples and either return them via mail or in person at clinics or pharmacies for interpretation and diagnosis. Options for treatments and follow-up consultations are provided, should the tests be positive.&nbsp;
 
 
 The company operates on a B2B2C basis where it works with education providers, enterprise clients, public health organizations, government offices, pharmacies, and Federally Qualified Health Centers (FQHCs) to provide its testing kits to their populations through Simple&rsquo;s software solution, which can be integrated into partner platforms.
 
 
 Key customers and partnerships
 
 
 In June 2023, the company 
 <a href="https://sp-edge.com/updates/19318">
 partnered with Walmart
 </a>
 to sell its at-home testing kits via the store's online platform. Through the partnership, patients could purchase testing kits for diabetes, sexual wellness, and respiratory wellness online with physician oversight.
 
 
 Funding and financials
 
 
 In February 2023, the company 
 <a href="https://sp-edge.com/updates/16176">
 raised USD 8 million in a Series A funding round
 </a>
 led by Initialized Capital, along with the participation of other venture capital firms. The raised funds were set aside to expand the company&rsquo;s testing portfolio, advance its initiatives to spread awareness of PrEP (a preventive HIV treatment), and help users manage conditions such as chronic kidney disease and heart health. The company planned to make its line of testing services available through leading retailers later in 2023. 
 
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<div>
 
 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).
 
 
 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.
 
 
 
</div>

Nice Healthcare

<div>
 
 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.
 
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Amicomed

<div>
 
 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. 
 
 
 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.
 
</div>

Winston

<div>
 
 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. 
 
 
 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.
 
 
 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. 
 
 
 Funding and financials
 
 
 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.
 
 
 
 
 
 
 
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<div>
 
 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. 
 
 
 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. 
 
 
 Key Customers and partnerships
 
 
 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. 
 
 
 Fundings and financials
 
 
 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; 
 
 
 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">
 acquired by financial services company Sun Life Financial
 </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. 
 
 
 
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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

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


Simple HealthKit

Recent Updates

Simple HealthKit partners with Walmart to sell at-home testing kits

Simple HealthKit raises USD 8 million in Series A funding round

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