Softball Recap: 5 Startups Knock It Out of the Park
October 25th, 2019 — New England’s premier Med Tech venture studio, the New England Medical Innovation Center (NEMIC) hosted its second Softball Pitch Event on the evening of Thursday, October 24th, 2019. Softball is an invite-only “soft” pitch event with an overall goal to introduce NEMIC-vetted startups to a group of local Med Tech focused VC’s, Angels, and investors.
For the startups, it is a rare opportunity to begin creating relationships with local investors and allow for feedback that will prepare them for pitching down the line. For investors, they get to create relationships with NEMIC-screened startups, streamlining the process of discovering startups that align with their investment strategies.
To be invited, startups must be part of the NEMIC community, their venture must align with an invited investor’s interests, and they are ready or nearly-ready to receive funding.
Meet the Startups
UCHU is developing a platform of health sensors that can be worn on one tooth to continually and automatically track health through saliva.
Brilliantly is a collection of products, services, and experiences for women whose lives have been impacted by breast cancer.
LifeCuff Technologies Inc. has patented technology that heals 77% of diabetic wounds and is entering trials for bedsore healing and prevention.
Hyka is a hardware and software support platform that helps people with depression improve adherence to clinical treatments and track improvement.
My MOC, Inc. has developed a SaaS platform to simplify the completion of continuous learning associated with Maintenance of Certification (MOC) and state licensing for healthcare professionals. Curated (type, duration, and number of credits) continuous medical education (CME) learning content is delivered on the platform as well, bringing all aspects of ongoing education to a single place.
Meet the Investors
Greg Madden - SV Health Investors
Barbara Schoenfeld - Cherrystone Angel Group
Thorne Sparkman - Slater Technology Fund
Daniel Rossignol - Octane Venture Labs
Divakar Mandapati - Independent Investor
Jack Templin - Private Fund Representative
Grant Pill - Private Fund Representative
Softball by the Numbers
To date, 2 out of 10 companies involved with Softball have been invited to pitch at a private investor meetings and 1 raised their first round of funding after using Softball as practice pitch and networking event.
“My involvement with NEMIC’s Softball Event led to my company being able to set up the right fundraising strategy and receive sound advice on presenting from investors. Softball’s connections helped us raise $4 mil in our first round of funding. ”
Interested in attending a Softball Pitch Event as an investor or startup? Contact us here to learn how.