“From day one, we’ve had a synced vision and mindset with Ping An, GuideWell and our extraordinary network of partners committed to supporting health innovation.” Steven Krein, Co-founder and CEO, StartUp Health.
NEW YORK (PRWEB)
January 03, 2018
StartUp Health, which is organizing, supporting and investing in a global army of Health Transformers to achieve 10 Health Moonshots, announced today that it has raised $19.3M from Ping An Global Voyager Fund, GuideWell, Masimo Corporation and a consortium of partners through StartUp Health Transformer Fund II.
“We are inspired by StartUp Health’s bold plan for solving the world’s biggest health challenges and are very pleased to embark on this partnership to support a generation of health entrepreneurs together,” said Jonathan Larsen, Chief Innovation Officer of Ping An Group and Chairman & CEO of Ping An Global Voyager Fund. “StartUp Health has created a health moonshot factory which brings us early access to the innovators transforming health on a global level. Together, we will be able to speed up innovation cycles and make a significant impact on people’s lives.”
“We are excited to partner with StartUp Health for their unparallelled ability to identify, attract, evaluate and support entrepreneurs who are shaping the future of health from key areas of interest to us,” said Sarah Iselin, Senior Vice President and Chief Strategy Officer at GuideWell. “We are excited about the impact we can make on solving real health challenges together.”
“Our purpose is to bring extraordinary technologies to market to improve people’s health. Our partnership with StartUp Health will help us to continue to fulfill that purpose by connecting us into a global network of entrepreneurs and innovators,” said Joe Kiani, CEO of Masimo Corporation.
A key part of the StartUp Health’s plan since they launched in 2011 is to leverage the network effect by organizing entrepreneurs (“Health Transformers”) and to partner with the world’s leading organizations who can support these Health Transformers with capital, expertise and opportunities to scale. StartUp Health has amassed the world’s largest portfolio of over 200 digital health companies from 5 continents and 19 countries, and has created a global network of…