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April 29, 2024

Roux Institute names 10 health care startups to training residency program

Group Photo / Courtesy Roux Institute Ten startups, whose founders are shown here, have been named to the Future of Healthcare Founder Residency program at Northeastern University's Roux Institute in Portland.

From a California-based company building a platform for cardiologists to a Portland business using artificial intelligence for low-cost diabetes management, 10 health care startups have been named to a residency program at Northeastern University’s Roux Institute in Portland.

The year-long Future of Healthcare Founder Residency, whose second cohort members were announced last week, aims to boost innovation and entrepreneurship in Maine’s health technology sector.

Each startup will receive mentoring from experts and entrepreneurs during the program, which is funded in part by Northern Light Health, MaineHealth and the Maine Venture Fund. Participating founders receive a $50,000 investment to take their business to the next level of growth and $300,000 in free and discounted services.

While Northeastern does not disclose the number of applications submitted, spokesman Daniel Sarro told Mainebiz that there was a 70% jump in applications for the second group.

"We've got a fantastic mix of talent from all corners of the U.S. and Canada, each bringing their own unique experiences and expertise to the program,” he said. “These founders have already made an impact with their prior work experiences and successful exits from startups.” 

Cohort members

  • nCoredio (Mountain View, Calif.): Platform for cardiologists to monitor heart failure patients via smart wearables at home.
  • EmpoweRx Inc.(Nashville, Tenn.): Health care staffing solutions.
  • Health for Mankind Co. (Portland): AI-powered system to deliver low-cost diabetes management. 
  • HUB Healthcare (Raleigh, N.C.):  Tools for scheduling, inventory tracking and document management.
  • Legacy (San Diego), App to help doctors deliver patient-centric care. 
  • Metis Health Technology (Silver Spring, Md.), Software for clinical business owners.
  • Novobeing (Wakefield, Mass): Mixed-reality wellness technology.
  • OPPT Health (New York): AI toolkit to improve behavioral health outcomes.
  • Parrots Medical Assistive AI (Boston) Platform for people with neurological disorders.
  • Valhalla Healthcare (Houston), streamlining medical office operations.

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