Portfolio News

How Hims & Hers built a business entirely centered on telehealth

Healthcare IT News recently interviewed Hims & Hers Chief Operating Officer Melissa Baird about how the company has built its brand around telehealth but still has its origins in helping people deal with conditions that are uncomfortable to talk about—sexual health, mental health, contraception, and hair loss, for example. Baird leads a team of engineers who have gone to great lengths to create a telehealth experience that leaves the customer feeling safe and secure and, at the same time, inspiring confidence in the platform and provider. Telemedicine...

Transforming the Rare Disease Landscape with Data

AllStripes, formerly known as RDMD, recently completed a $50 million venture round, which it will use to launch 100 new rare disease research programs. Global Genes recently interviewed AllStripes Co-founder and CEO Nancy Yu about the growing efforts around patient data collection, where AllStripes fits into this emerging landscape, and how data can transform the outlook for people with rare diseases. Commenting on the large growth in data collection efforts around rare disease in the past few years, Yu said, “I think the urgency and the...

Matternet’s automated drone-docking station makes its real-life debut in Switzerland

Matternet has debuted its Matternet Station automated landing space and payload control tower at a hospital in Lugano, Switzerland. Looking something like a 10-foot-tall flower, the Matternet Station provides a safe place for a cargo drone to land, swap out its battery, and store its cargo, while preventing unauthorized access to parcels through a key card system. The idea is to integrate it with the usual hospital security protocols for access to restricted areas. “The Station is critical for unlocking scalable drone delivery at attractive unit economics,”...

With $1.3 billion in venture funding, the femtech space is booming

There’s been a lot of talk about “femtech” booming over the past several months. However, a new report by Rock Health shows that even though there’s been a lot of funding in the space so far this year, it still accounts for a tiny fraction of total dollars going into healthcare. According to the Rock Health report, through the first eight months of 2021, digital health startups targeting women reached $1.3 billion. Although this is already double the $774 million raised in 2020, it was still...

Aledade Named Among 2021 Best Workplaces for Women by FORTUNE and Great Place to Work

FORTUNE and Great Place to Work have ranked Aledade as one of 2021’s Best Workplaces for Women. Ranked 12th on the list, it’s Aledade’s second year in a row receiving the honor. The annual FORTUNE and Great Place to Work awards are based on survey responses from employees, an analysis which includes over 5.6 million individuals. On average, about 59% of employees feel their company is a great place to work. Aledade blew that number out of the water, with a whopping 96% of employees saying...