Louisville, KY accelerator XLerate Health launches second class

By Jonah Comstock
08:51 am
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The Personal Medicine+ app. The Personal Medicine+ app.

XLerate Health, a relatively new Louisville, Kentucky-based digital health accelerator, has announced its second class. XLerate offers a 13-week course to healthcare startups that "are interested in creating disruptive solutions to tough problems in the healthcare ecosystem," according to the accelerator's website.

"We prefer teams that include founders with technical ability, a knowledge of the healthcare industry, and who are intent on succeeding as scaleable commercial enterprises," the site continues. XLerate was founded by venture capital firm Saunders, former ONC Senior Advisor for Innovation Ted Smith, and former Humana executive Jackie Willmot.

Startups receive an optional $20,000 stipend and office space in Louisville, as well as access to a mentor network that includes execs from health tech startups, insurers, hospitals and pharmaceutical companies. Through the mentors, XLerate promises "introductions and meetings with pilot customers, potential funders and potential acquirers."

If companies take the $20,000, XLerate Health gets a 6 percent equity stake in the startup. Should they choose to forgo the stipend, the accelerator will take a 2 percent stake instead.

Here are the eight companies in XLerate Health's second class: 

Blue Sky Case Management -- Blue Sky specializes in working with Medicaid patients who have intellectual and developmental disabilities. As well as providing case management services for these consumers, the company is developing software-as-a-service mobile apps to help case managers with their care planning and home and community-based services.

Count It -- Count It is a new startup from a team that already created a fitness-focused social media platform called Social Workout, which eventually led to a collaboration with Whole Foods on that company's employee wellness platform, Full Spoon. Count It leverages some of those lessons to create a reward program tied into the readouts from activity trackers like Fitbit, Jawbone, or Misfit Shine. The company aims to lower the cost and administrative requirements for employee wellness programs.

Gyroskope Family Network -- This startup is integrating wellness features into a technology platform aimed at seniors. The offering will be an entertainment station that offers classic TV, movie, and radio content on demand, along with "video and audio experiences and activities that enhance memory and cognition" and features to connect older people to their friends and family.

Lift3D -- This Columbus, Ohio-based startup is employing 3D laser-based imaging technology to track movement of athletes and patients. This allows them to offer fitness facilities and wellness providers data and analysis about their members, which they can in turn use to lower costs and improve outcomes.

Medbiomarkers -- London-based Medbiomarkers is the only non-US-based startup in the class. The company is developing a web platform for doctors and researchers that aids in the discovery, validation and use of biomarkers for health monitoring, diagnostics, and therapies. The platform will combine a database with a social network to make it easier to share markers, and make it easier to meet other researchers, clinical collaborators, or even patients who could aid in research by uploading their own data.

Myliance -- Myliance is creating a concierge health service for aging in place and disabled patients. The company is providing "end-to-end personalized services" including both medical and non-medical offerings.

NeuroAtlas -- This company is working on software that will use 3D non-contrast magnetic resonance imaging (MRI) to learn more about neurological disorders. An early focus is on early diagnosis of autism.

Personal Medicine Plus -- Personal Medicine Plus is an app company working on a health management platform for Medicaid and rural populations with chronic conditions. The app will use data from connected devices and gamified behavior tracking to help people with conditions like pre-diabetes or pre-hypertension.

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