Later this month, the city’s startup and innovation community will gather to celebrate the 2022 BostInno Fire Awards honorees.
The selected companies were chosen based on nominations sent in by readers. They have demonstrated their success in raising funds, launching new products, bringing in new customers, growing their Boston footprint and supporting the local community and innovation ecosystem. Honorees were chosen across nine categories. Today, let’s get to know the honorees in the medtech and healthtech category. Not to be overshadowed by biotech, the companies in this category made major news this year too.
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IntelyCare
This Quincy-based tech company is empowering health care workers to build their own schedule and find work-life balance. It also helps health care facilities have more control over how they manage their full time and float pool staff. The company said its year-over-year revenue tripled in 2021. Earlier this year IntelyCare hit unicorn status with a $115 million fundraise.
20/20 Onsite
True to its name, this Everett company provides on-site eye health assessments directly to patients through its mobile vision clinics. It provides services for primary vision care (including to about 450 companies in the Greater Boston area) and decentralized clinical trials. In January 2022, 20/20 Onsite reunited with Boston Public Schools, the New England College of Optometry and Warby Parker to give BPS students free eye exams and glasses. The company said it is on track to double its business in 2022 due to the growth of its decentralized clinical trials segment and the launch of three new mobile vision clinics.
Linus Health
This digital health care company has been on a tear in the past year, raising a $55 million Series B venture capital round last summer, growing its team by 500%, opening a new office in Boston's Seaport District and acquiring Dublin-based Kinesis Health Technologies in early 2022. Linus Health also had its digital cognitive assessment product named one of TIME’s 100 Best Inventions of 2021.
OPT Industries
MIT spinout OPT Industries said it has supplied over 800,000 of its 3D-printed nasal swabs to health care and at-home testing organizations nationwide. Last summer it opened its first facility, a 14,000 square foot manufacturing site, in Medford. OPT raised a $15 million Series A financing earlier this year.
Overjet
This dental AI company secured two FDA clearances in the past 16 months to detect tooth decay and quantify bone loss on X-rays. In addition, it automates insurance claim processing to approve claims that meet medical necessity guidelines. Overjet says its technology is already in use by most of the largest insurance companies, covering over 100 million patients. The Boston-based company has raised $80 million to date and has a $425 million valuation.
Rocket VR Health
Rocket VR Health is developing virtual reality therapy programs to help cancer patients and survivors tend to their mental health. The Wakefield-based company has grown its team with oncologists, Hollywood animators, game designers and VR creators over the last year. Rocket VR has also created partnerships with the University of Calgary Cumming School of Medicine, the Penn Medicine Abramson Cancer Center and Massachusetts General Hospital to study and develop its VR therapeutics.
VideaHealth
VideaHealth has seen its technology make steady progress over the last year. It’s introducing AI into dentist diagnoses to reduce errors and create more consistent treatment plans. The Boston-based company secured FDA clearance for its AI platform that accurately finds cavities on X-rays, closed a $20 million Series A round led by Spark Capital and created partnerships with some prominent dental support organizations and other industry leaders.
