|By Marketwired .||
|February 25, 2014 11:15 AM EST||
SCOTTSDALE, AZ -- (Marketwired) -- 02/25/14 -- As the High Tide for Healthcare startup program comes to a close, Tallwave today announced that Tallwave Capital will be investing $90,000 in the final companies to further accelerate their ventures.
In addition to these funds, each final High Tide for Healthcare finalist will be presenting to a panel of angel investors and venture capitalists in an invitation only event held February 27, 2014 at Scottsdale Center for the Performing Arts, 7380 E. 2nd St, Scottsdale, AZ 85251, from 1:00 p.m. - 3:00 p.m. followed by a reception and celebration from 4:00 p.m. until 6:00 p.m.
The group of investor panelists includes: Alsop Louie Partners; CHG Capital; Inlign Capital Partners; Intel Capital; Kickstart Seed Fund; Point B Capital; RedShift and WebPT.
As a venture development firm and commercializor, Tallwave helps entrepreneurs build their early stage companies through sound capital strategy and well-executed go-to-market plans across multiple vertical market segments including healthcare.
"During the last four months a group of companies from around the country has gone through the High Tide for Healthcare lean business development program and been connected to an entire ecosystem of advisors, subject matter experts and potential investors," said Greg Lehmann, Principal, Tallwave Capital. "It's been amazing to see the progress and new relationships that each of these talented and hardworking entrepreneurs has forged."
The final startups in Tallwave's High Tide for Healthcare IT competition are:
- Health Options Worldwide, Somerset, New Jersey, uses behavioral psychology to increase employee engagement with health plans and reduce reactive care spend.
- Imanin, Tempe, Arizona, provides physicians with a quick and easy to interpret solution for the reading of the carotid intima-media thickness (CIMT) predictive tests used to detect and prevent cardio vascular disease.
- Inspire Living, Fairfax, Virginia, provides a respiratory monitoring device with a unique algorithm that allows for early detection of child pneumonia.
- Performance 3D, Scottsdale, Arizona, provides 3D motion capture and analysis technology that improves fitness performance and reduces the risk of injury.
- Triage Now, Gilbert, Arizona, provides telemedicine support for employers to appropriately triage workplace injuries, prevent over-treatment, and speed up creation and filing of compliance paperwork.
"As a proud sponsor and a member of the advisory board of the High Tide for Healthcare IT program, Ballard Spahr has played a critical role," said Travis J. Leach, business and finance partner in Ballard Spahr's Phoenix office. "We've connected our firm to these early stage ventures to accelerate their growth. Our nationally recognized subject matter expertise in general corporate matters, venture capital finance, intellectual property and health care serves as an important resource to these bright minded entrepreneurs and we congratulate them on their success."
Tallwave extends its appreciation to all High Tide for Healthcare IT sponsors and community partners that have made the startup competition possible:
Ballard Spahr, BlueCross BlueShield of Arizona, City of Scottsdale, Dignity Health, Ernst & Young, Greater Phoenix Leadership, Infusionsoft, Lovitt & Touche, Newlaw U.S., NextCare, Silicon Valley Bank, Weiss Brown.
Tallwave is a commercializor.
Headquartered in Scottsdale, AZ, with offices in San Francisco and Los Angeles, the company creates and maximizes commercial success and shareholder value for entrepreneurs and investors by validating, scaling and managing early-stage and growth ventures with a hands-on approach.
The combination of Tallwave's proprietary lean Business Blueprint system for product and company validation, and go to market strategy; its unique Operator Model for resource development and management, and the access to pre-seed through series A capital Tallwave makes available, sets the company apart from incubators, accelerators and venture capital firms whose business models limit the range of resources they provide.
For more information about Tallwave, visit www.tallwave.com.