Five fast-growing startups from across the country have been selected to receive a $60,000 investment each and participate in the Birmingham-based Prosper Healthtech Accelerator.
The selected startups are:
- Green Bay, Wisconsin-based insurance platform AppEase
- Birmingham-based mastectomy bra-fitting tool KnowBra
- Chapel-Hill, North Carolina-based video-to-speech lipreading technology LiRA
- Whitsett, North Carolina-based culturally sensitive health hub Oma
- Los Angeles-based mental-health platform Sanitas Health
Prosper Healthtech Accelerator invests $60,000 into five high-growth startups per cohort that it considers to be focused on transforming the way health care is delivered and consumed. Accepted startups participate in the 12-week, program, which includes one-on-one coaching, mentorship-driven programming, deals and perks and connections to the gener8tor network of mentors and investors.
The accelerator received more than 90 applications. Companies were chosen based on growth potential and investor readiness.
“Each company brings a unique approach to improving health care through technology, from AI-powered lip reading to culturally competent care platforms," said Kellie Clark, managing director of Prosper Healthtech Accelerator. "These founders have demonstrated their drive to reimagine the way health care is delivered and consumed — a North Star shared by Prosper Healthtech Accelerator. Over the next 12 weeks, we look forward to supporting their growth and helping them make an impact both locally in Birmingham and globally.”
President and CEO of Prosper J.W. Carpenter said the chosen entrepreneurs are "at the forefront of revolutionizing health care and technology, addressing critical needs and improving lives."
"Their dedication to enhancing health outcomes and advancing inclusivity aligns perfectly with our mission to make Birmingham a hub for health technology solutions," he said. "Together, we are creating a brighter, healthier future for our community and beyond."
At the end of the Prosper Healthtech Accelerator, the startup founders will pitch their companies to investors, community partners and the public at a showcase event Dec. 12 at Innovation Depot.
The accelerator is powered by gener8tor, a startup accelerator program. The program is made possible by a partnership with Prosper and Redhawk.
