Digital Health Storymap unveiled at Digital | Health Days 2015
Digitalhealthstorymap.com is a joint project by XLHEALTH and Healthware International unveiled for the first time at the Digital Health Days 2015 - Stockholm, with the aim of providing users a support service to navigate, visualize and assist with the selection of consumer-centric Digital Health solutions.
The Digital Health Storymap also supports users and stakeholders to be up-to-date with a real time overview of what is happening in the Digital Health startup ecosystem, providing a global overview of the innovative solutions in the digital healthcare world.
Min-Sung represents XLHEALTHwhich is a eHealth investorYou work with both MySugr and..Yes, these were actually our first two investmentsso I am very sentimental right now.It's like graduating your teenager here and seeing him succeed, right?I know that today you are going to actually show us something that you are releasing now, right?Yes! We haven't showed it, we haven't gone live with thisbut we thought, Digital Health Days, this is a format in Europewhere we want to help the Digital Health ecosystem.Really excited in seeing what you have to show!Let's see, are we online with the computer? Here we go!So. Why we are doing this.I work for a venture capital fund, it's called XLHEALTH.We are based in Berlin, and we invest between 500K till 5M Euros.We offer the strategic software access to around 400.000 GPs and clinics and pharmacists around Europe.So we started two years agoand since then we have seen around two thousand digital health startups,and VCs as well as corporates are asking uswhat is actually real, what is actually working.There are so many digital health startups out there,and we don't know what we should do.So, out of these two thousand digital health companieswe funded only five of them.Which is pretty sad.It's not because the startups are bad,or not good enough.It's because we also as a VC fundwe have our investment criteriasand we need to stick to these.So, we at XLHEALTH,and also the people working with Roberto Ascione from Healthware Internationalthey used to be the former healthcare department of Razorfish.We said, what can we do actually to help the digital health ecosystem to grow?And we thought of selecting around fifty startupsinto a bodymap.So this can be more transparent to all the healthcare players.So we can see here on the map. And don't get me wrong, this is just the beginning. This is not set in stone.But we had to start somewhere.So we selected and picked around fifty companiesand you can see here as well, we divided them into six categories, mainly.So we have prevention, wellness, treatmentand I think this will give a very good overview for the healthcare stakeholdersas well as some other VCs maybe to look at it and say:Yeah, this is actuallty really interesting!So the guys at Healthware Internationalthey put a lot of work into it andI would like to invite you to actually try the domainit's called digitalhealthstorymap.com.So when you look at it, here on the brain we have Neuronation on,so you see Peak, Neuronation, they are also competitorsand what I also find pretty witty, what the guys didis basically a day journey.So, what you can do here basically is:oh, what shall I do for breakfast?OK, so probably you are gonna use MyFitnessPalor, in your freetime...or, when you sleep.So this is something that we wanted to show you, and I invite you to use it.Try it out! And give us feedback! Like I said already, this is not set in stone.We are continuously working on this map.And thank you very much for your attention and for having me on the stage.Thank you Min-Sung! Excellent!Are there any comments from there Kate, just very quickly?Anything about that? Yes? Can we have a camera? Is there a camera there? Go ahead!Yes, sure. No, I think this is a fascinating area and this is really exciting.Do you have any tips? Because if you haven't heard we have a lot of followers on Twitterand people that are watching us live in The US, in Canada, everywhere.What are you looking for? What's your perfect next project? If you had to talk to them.Oh, we love B2C companies,our sweet spot part is 500K to 5M Euros, we also have to look at the market size, the addressable market.And we always like companies, where we can help with our strategic access.I mean, to almost every second GP to the information systemthe CompuGroup Medical is behind our fundit's not a corporate venture fundbut the CGM, the CompuGroup Medical is like a European equivalent to Allscripts and Epic.When we invest in apps, we offer that strategic access,so, in terms of interoperability or integration basically to the doctors information system.Thank you very much and thank you Min-Sung!