Business Model Development Service
Eighteen Ventures is working with startups to prepare an actionable business model enabling each company to fund, produce, market & promote, monetize, distribute, and scale their innovative solution. The business models include a customer discovery plan, a cost-effective Go-To-Market (GTM) strategy, and a fundraising plan to obtain continuous growth financing, i.e., convertible note, working line of credit, and private early-stage capital, beyond National Science Foundation Small Business Innovation Research seed grants.
Sterile Geeks VR , a Jacksonville, FL MedTech startup, is developing a mixed reality real-time, immersive training solution, using the Microsoft Hololens 2 headset, for hospital and ambulatory surgery centers sterile processing departments (SPDs). The company is a recent NSF SBIR Phase I $255K seed grant winner.
Eido Innova, a Brownsville, TX small emerging medical technology firm, is developing an artificial intelligence (AI) based urine analysis device that can be used in homes and in hospitals.
After9months, a Santa Barbara, CA woman-owned startup health technology firm, is developing an original artificial intelligence (AI) based solution for postpartum care.
Meera Therapeutics, a Los Angeles, CA area health technology startup, is developing an innovative decentralized clinical trials (DCT) technology solution designed to help improve recruitment & retention, data collection and analytics for clinical trials.
Small Business Innovation Research (SBIR) Phase I Proposal Development Service
MedTech/Medical Device Clients
8Chili, a startup MedTech based in Northern California, is developing a novel surgical training solution using Artificial Intelligence (AI) and Augmented Reality (AR).
Progeny Medical, a Philadelphia, PA-based MedTech startup, is producing a novel urinary catheter for patients suffering from a catheter acquired urinary tract infection (CAUTI).
XCIX Design, a Paradise, Utah based medical device development startup, is producing a novel solution to reduce healthcare costs related to spinal fusions, which is a surgical procedure that is used to remove a deteriorated or diseased disc.
Sterile Geeks VR, a Jacksonville, FL MedTech startup, is seeking producing a mixed reality training solution for hospital and ambulatory surgery centers sterile processing departments (SPDs).
Eido Innova, a Brownsville, TX small emerging Medical technology firm, is developing an artificial intellience (AI) based urine analysis device that can be used in homes and in hospitals.
Plasbotics, a startup MedTech firm based in the Chicago, IL area, is working on developing its patented VacuLift™ concept, which is a vacuum-assisted soft tissue retraction device for robotic surgery.
Health Technology Clients
After9months, a woman-owned startup health technology firm based in Santa Barbara, CA., is developing an original artificial intelligence (AI) based solution for postpartum care.
Medlytics, a San Diego, CA health technology startup firm, is working on a novel solution that will help hospitals meet the National Coordinator for Health Information Technology (ONC)'s final rule for implementing interoperability and patient access provisions of the bipartisan 21st Century Cures Act (Cures Act).
Beat Rite, a Chapel Hill, NC startup health technology firm, is producing a remote patient monitoring (RPM) solution, incorporating artificial intelligence, enhancing chronic disease management, improving patient outcomes, and reducing healthcare provider workflow burdens.
Private Sector Early Stage Fundraising Service
Quality Reviews, Inc., a New York City-based small emerging healthcare information technology (IT) firm, hired Eighteen Ventures to help the company connect with Health System Venture funds. Using our knowledge, expertise and experience, Eighteen Ventures successfully helped Quality Reviews identify and connect with Health System Venture Funds.
Medgraph, Inc, a Rochester, NY small emerging healthcare information technology (IT), hired Eighteen Ventures to prepare a business plan and help the company find potential private sector early-stage investors for its Life Improvement Portal (LIP) Glucose Monitoring System (GMS). The LIP GMS project was originally funded by the U.S. Department of Education Small Business Innovation Research (SBIR) program.
Eighteen Ventures worked with the company's owner to produce a business plan. Then, the document's two-page executive summary was used to attract the attention of private sector capital investors. The effort resulted in the company connecting with and making a funding presentation to a health technology focused New York City venture capital firm