Big data technology that can model individual health patterns and behavior by collecting data through a simple mobile phone app, and provide researchers, physicians and hospitals with a continuous Web-based data stream and new approach to analysis.
Traditional health care industry model with a proactive rather than reactive approach to patient care.
Headquarters: Cambridge, MA./San Francisco
CEO: Anmol Madan
Year Founded: 2010
Number of Employees: 13
Funding: $8.2 million
Key Investors: Khosla Ventures, True Ventures, Kapor Capital and Romulus Capital
- The federal government estimates that up to 30 percent of health care costs (or about 5 percent of GDP) could be saved without compromising health outcomes
- The current $3 trillion per year in health care spending is on its way to 34 percent of GDP by 2040, according to the federal government
- Began as an MIT Media Lab experiment using 70 MIT and Harvard students' phone data that was able to predict flus based on phone usage patterns and survey answers
- Collects passive patient data from phone sensors and patient-entered information for health care providers
- Acquired Pipette in 2012, a start-up aimed at preventing post-surgery readmissions that result in 4.4 million hospital stays and cost $30 billion a year
- Has won several health care industry competitions: Sanofi's 2011 Data Design Diabetes Innovation Challenge Winner, Janssen's 2012 Alzheimer's Challenge Winner
- Research partnerships with Cincinnati Children's Hospital and UCSF Medical Center
- Commercial partnerships with Sanofi and Novant