The MedCity INVEST conference, scheduled for April 19-23, is providing new methods for healthcare startups to attach with buyers on the on-line occasion. Ask the Investor classes will present a approach for startups to get insights on funding technique and to pose questions on funding and extra.
Austin Duke, Senior Enterprise Affiliate, UnityPoint Health Ventures, is considered one of a handful of buyers collaborating in these classes. He can be joined by Dennis Depenbusch, Director New Ventures, BCBS Kansas and president of Mid-America Healthcare Investors Network (MHIN) and Ellen Herlacher, Principal, LRVHealth.
Though registration to INVEST is free, startups can be requested to pay $99 to take part in Ask the Investor classes. Every digital assembly will embrace one investor and final for 45 minutes. Following the investor’s presentation on their funding technique and space of curiosity, startups can be requested to offer a 1-minute firm overview. There can be a chance for Q&A. Traders will obtain government summaries for every startup with contact info.
Area is restricted to 10 startups per assembly. Please register here.
UnityPoint Well being Ventures is the funding arm of the well being system UnityPoint Well being
Duke mentioned he views the Ask the Investor phase as an amazing alternative to cut back what he sees because the “info asymmetry between startups and strategic buyers,” in response to emailed questions.
“Whereas my function is as an investor, I’ve privileged entry to the seller decision-making course of and the realities of contracting and scaling an answer inside a typical well being system,” Duke mentioned. “I hope sharing these insights can be worthwhile for startups creating their go-to-market methods, and may also help them higher pitch to strategic buyers and well being system prospects.”
Duke famous that his agency seems for high-growth startups in giant markets whose product and/or service presents worth for suppliers and well being techniques.
“Startups don’t want an present buyer contract with UnityPoint Well being on the time of funding, however we ideally need to have line of sight to a strategic relationship. That approach we are able to begin working in direction of offering worth as a buyer and accomplice along with the preliminary monetary funding. Moreover, I search for groups with robust founder-market match, affected person/supplier empathy, and an unrelenting want to have a scaled impression within the healthcare ecosystem.”