Randstad Innovation Fund’s Post

🎉 Great News! 🎉 HUMANOO has officially been acquired by TELUS! 🌍   For 8 years, we've pursued a singular vision: to become the category leader in digital wellbeing across Europe. And today, that vision has been validated in the most incredible way! 🚀   Our acquisition by TELUS, the world’s largest wellbeing provider with over 120,000 employees and $12 billion in revenue, confirms our dominance and propels us into the global spotlight! 🌟   TELUS Health | TELUS Santé acquisition of Humanoo marks a powerful leap forward in our global growth strategy. This partnership will supercharge our ability to deliver unparalleled wellbeing solutions across Europe and beyond. 💪 Together, TELUS Health and Humanoo will educate, engage, and inspire employees to reach their personal wellbeing goals.🏆   The future is brighter than ever, and this is just the beginning! 🌟🔥   So many doubted us – but you believed when no one had our market segment on their radar. A heartfelt thank you to all our investors: Rheingau Founders (Dr. Tobias, Johann, Marius, Kai, Philipp), Creathor Ventures (Cédric & Vladimir), Dieter von Holtzbrinck Ventures (Fabian), Helsana HealthInvest (Ralf), SwissHealth Ventures (Jonathan), Cagson Analytics AG (Björn), Verve Ventures (Michael), Sanitas Krankenversicherung (Birte), Randstad Innovation Fund (Katherine) and our amazing business angels Christian, Hubert Stärker, Robin von Hein, Marcus, Oliver, Caspar, and Dr. Philipp.🙏❤️   In total, over the past 8 years, we’ve been able to raise more than €14 million in venture capital, thanks to all of you. I’m beyond thrilled that our shared success story - Humanoo - has brought you the returns you deserve. Together, we’ve achieved something remarkable! 🌟💪✨   You can’t walk this path alone - we’ve walked it together as a team. It was a rocky road, one that hurt and left its marks, but we stood our ground. I’ve always been a firm believer in loyalty, a trait that, unfortunately, seems to be losing its place in the world today. Many of my companions, colleagues, and friends had countless reasons to throw in the towel. The path was often too rough, my tone too harsh, the market non-existent, and the pay less than ideal. But you stayed. You believed in our shared vision, even when friends, family, and many others advised against it.   A massive, heartfelt thank you to Manuel, Christopher, Christoph, Martin, Andy, Max, Dilyana and all other Humanoo Team Members.   Now, we’re turning the page to a new chapter—one that’s even bigger than the journey we’ve just completed. I’m excited for everything that lies ahead. From this moment on, we’re pursuing an even greater goal alongside all our new colleagues at TELUS, united by a vision with global reach.   A huge thank you to Philip, Kevin, Steven, Jamie, Rob, Laurie, and all the other incredible members of TELUS. You are fantastic, and I’m thrilled to be growing together with HUMANOO in this new adventure.   Let’s go for more! 🚀🌍 #humanoo #exit

General Catalyst-backed Jasper Health lays off staff Jasper Health, a crab attraction level startup, laid disconnected a important portion of its workforce, TechCrunch has learned. Engineering and merchandise plan were among the departments impacted by the cuts, according to posts connected LinkedIn from impacted employees. TechCrunch was incapable to independently verify the nonstop fig of radical who were cut, but an manufacture root who knew impacted radical believes it was astir fractional of Jasper Health’s tiny team. According to PitchBook data, Jasper Health had astir 48 employees earlier the cuts. The company’s co-founder and CEO, Adam Pellegrini, didn’t respond to TechCrunch’s petition for comment. TechCrunch’s attempts to scope Jasper Health’s main operating officer, main maturation officer, and caput of selling via email were unsuccessful, with messages bouncing back. A small implicit 2 years ago, successful February 2022, Jasper Health raised a $25 cardinal Series A led by General Catalyst, with information from Human Capital, W Health Ventures, Redesign Health and 7wireVentures. At that time, the institution said it raised a full of $31 million successful task capital. Most significantly, Jasper is simply a General Catalyst portfolio company. The VC steadfast is 1 of the astir progressive healthcare investors. It is truthful superior astir bringing caller startup-led exertion into the US healthcare strategy that earlier this year, the VC steadfast purchased an Ohio-based wellness strategy called Suma Health, an unprecedented determination successful task capital. But clearly, that doesn’t mean that each GC-backed wellness tech startups volition flourish up-and-to-the-right without setbacks. Jasper is besides notable due to the fact that it was conceived and launched successful 2018 by Redesign Health, a task steadfast and workplace that creates caller healthcare companies. Run by CEO Brett Shaheen (previously astatine Lone Pine Capital and Carlyle Group), Redesign says it’s built 50 healthcare startups that person collectively raised $1.3 billion. Redesign, which is itself backed by LPs similar General Catalyst, CVS Health Ventures, and Samsung Next, besides had its ain layoffs earlier this year, Fierce Healthcare reported. Jasper’s integer but human-led level offers attraction navigation, diligent enactment and distant diligent monitoring. The institution besides provides psychosocial care. It says that astir 12% of its users are successful remission from cancer.   Pelligrini, the company’s founder, started his vocation arsenic a surgical specializer successful the US Army. He besides helped physique the American Cancer Society’s website, which provides accusation to patients and caregivers astir the disease. Before founding Jasper, helium was the elder vice president of virtual attractio...

We’re thrilled to announce that we’ve invested in Edmonton’s CARE Group! Our investment is part of their recent $2 million finance round, which included participation from strategic angel investors and family offices. CARE Group is reshaping the landscape of mental health care with their innovative digital health technologies and programs, tailored to address the unique needs of underserved communities including Indigenous populations and remote areas. The team’s enterprise virtual care platform is already in use by several health organizations, indigenous communities, clinics, and service providers to enhance their intake processes, streamline patient management and prioritize quality care. Next up for CARE Group is accelerating company growth, expanding across Canada and the US, and further building out its team. Congrats Ray Yue, BSc Pharmacy, RPh, Marline Aizouki, BSc Pharm, MBA and the entire CARE Group team! We look forward to supporting your continued growth as you modernize and digitize mental health treatment to improve patient outcomes and save lives. See our official announcement: https://lnkd.in/dTKGzCKz #InvestmentNews #ABtech #YEGTech #CDNtech #MentalHealth #MedTech #Startups #Startup #TechStartup #VentureCapital #VC #Investing #Investment #InvestmentNews

💰 Rezilient Health, a tech-enabled healthcare company, has raised $10 million in a Series A funding round. Govo Venture Partners led the round, with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, and several individual investors including Jim McKelvey, Mark and Robyn Jones, Jeremy Friese, and David Karandish. 💸 💬 "Our goal today is the same as on day one: flip the traditional healthcare model on its head and deliver care that centers a relationship between patients and their care team, in the communities that are typically overlooked by the innovation economy." Dr. Danish Nagda, Founder & CEO of Rezilient Health #health #healthcare #healthcareinnovation #famtech #familyhealth #familytech #careeconomy #family #investment #investor #startup #scaleup #vc #venturecapital

9amHealth Raises $9.5M Series A Extension Led by The Cigna Group Ventures to Expand to Employers Nationwide | Healthcare IT Today - Healthcare IT Today #FundingAnnouncement: 9amHealth Raises $9.5M Series A Extension Led by The Cigna Group Ventures to Expand to Employers Nationwide #ExpansionPlans: 9amHealth secures funding to expand its services to employers nationwide, thanks to a $9.5M Series A extension led by The Cigna Group Ventures. #HealthcareITIntegration: The funding will support 9amHealth in integrating its platform with various healthcare IT systems to streamline services for employers. #EmployeeWellness: 9amHealth aims to enhance employee wellness programs by offering innovative solutions through its expanded services. #CignaPartnership: The partnership with The Cigna Group Ventures will provide 9amHealth with ai.mediformatica.com #health #9amhealth #employers #found #cigna #medication #benefits #glp1 #healthcare #provider #thecignagroup #thecignagroupventures #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/43oqBfE)

To my amazing network - I am thrilled to announce the launch of Pave Health Ventures, an early-stage venture fund dedicated to broadening access to healthcare and improving the overall well-being of our communities. I’ve been very fortunate in my healthcare career. As the Founder & CEO of MedPilot, we capped off a seven-year journey with a successful exit when we were acquired by Vytalize Health. For the last three years, serving as Chief Innovation Officer, I’ve had the honor to contribute to the remarkable growth at Vytalize, impacting the lives of hundreds of thousands of patients by enhancing the quality of care they receive. I am immensely grateful to Matt Buder Shapiro, not only for being the perfect partner and co-founder but also for being an incredible friend. Additionally, I extend my heartfelt appreciation to Faris Ghawi, Amer Alnajar, and Jordan Brown for their outstanding leadership and for broadening my perspective on the significance of value-based care. This journey has not only provided me with industry expertise but has allowed me to cultivate invaluable relationships and an incredible network. As I embark on this new chapter, I am profoundly grateful to be supported by top executives and thought leaders in the investment, wellness, and healthcare industries. Within the healthcare ecosystem, we are represented by key stakeholders from health systems, insurers, governmental organizations, retail health businesses, provider groups, and value-based care organizations. At Pave Health Ventures, we believe the timing couldn't be more opportune to help support health-focused startups. With the growing prevalence of illness and chronic health conditions impacting our communities, consumers and key Healthcare Stakeholders are increasingly prioritizing proactive and preventative care. This shift in focus is fueling demand for technology, products, and services aimed at improving health outcomes, unlocking trillions of dollars in growth potential within the healthcare landscape. Pave Health Ventures is all-in. We are actively seeking solutions that tackle the root causes of illness, manage chronic conditions, and optimize care and care teams. Please support us in our mission by opening your networks and introducing us to amazing founders and entrepreneurs. Together, let's help pave the way to a healthier tomorrow. Jacob Myers

General Catalyst has found their health system, Ohio based Summa Health. This has been several months coming and it's worth looking back at GC's original announcement and the 5 key principles to their Health Assurance Transformation Corporation (HATCo) strategy; 1. A true alignment of stakeholder interests. You cannot build an enduring functional system where providers, patients, and the financial players (investors, insurance companies, government) are not aligned. HATCo will be purpose-built with the goal to ensure all the stakeholders are similarly incentivized (via a value-based care model) to improve access and outcomes and to make care more preventative and proactive. 2. More ‘patient’ capital with decades-long time horizon. The transformation of our healthcare system is not a short-term endeavor. Even venture’s decade-long return horizons are insufficient to effect real, systemic change. HATCo aims to create a new standard of healthcare investing and set expectations for investors to think longer term.   3. A reorientation around platform innovations. As we see it, one of the biggest challenges of the PE model in healthcare today is the maniacal focus on taking costs out of the system, leaving little incentive for investment of any kind. We believe it’s not about taking costs out as much as it is about putting technology and innovation in. Part of the HATCo plan will involve giving health systems the opportunity to capitalize on new revenue streams, which (in turn) should allow them to invest in more innovation and in servicing their communities. In addition, HATCo will look to foster the creation of scaled platforms (rather than fragmented point solutions) that can provide the missing technology pieces of the puzzle.  4. A commitment to ‘radical collaboration’. HATCo is committed to creating an open innovation platform. We plan to partner very closely with each of our 20+ healthcare system partners, openly sharing best practices, new technologies and a transformation playbook with those partners, who together cover over 15% of the US population. This represents a rare opportunity to demonstrate, replicate and scale best practices, while reducing the burden on individual health systems to develop their own bespoke transformation assets.  5. A decisive pivot to value-based care – As we’ve said, a shift to value-based care is an essential part of our approach. HATCo intends to work with the ecosystem to demonstrate that a model that is better for patients can also be good for business. The board and leadership team of HATCo bring the kind of experience and expertise we believe is required for driving value at scale, digital transformation, and healthcare financing. The hope is that over time and together, HATCo and the HA ecosystem will help deliver a far better experience than consumers experience today. https://lnkd.in/eiVhcf2W

Exciting news in the wellness and real estate sectors! Global Wellness Summit Global Wellness Institute reports that the global longevity market is set to reach an impressive *$610 billion* by 2025. Investments in longevity clinics have seen a dramatic increase, hitting *$57 billion* in VC funding. This rapid growth is mirrored in the wellness real estate market, which is estimated to grow to $667 billion by 2025 and $887.5 billion by 2027. At Get A Drip we're proud to be at the forefront of this movement as the largest longevity clinic in the UK. We're actively expanding and looking for investors who want to be part of this thriving industry. Interested in exploring investment opportunities with us? Direct message me to start the conversation. Source: Global Wellness Summit and Global Wellness Institute #Longevity #WellnessRealEstate #InvestmentOpportunities #GetADrip #HealthcareInnovation #wellness #vc #vcfunding #seriesa #startupfunding #seriesafunding #consumerhealthcare

"We are truly overdue to rally around women’s health – the health of 51% of the global population. Femtech Canada exists to advance the recognition and resourcing of women’s health and wellness companies. We take a founder-first approach in all of our programming and are excited to support those innovating for the betterment of Canada’s diverse population." Karen Linseman, PMP, VP of Operations at Innovation Factory Rachel Bartholomew Hyivy Health Ella Seitz Esplanade Ventures #femtech #womenshealth #femhealth #womenshealthinnovation #community #ecosystem #canada #launch #incubator #accelerator #acceleration #entrepreneurship #startup #startups #venturecapital

Dive into a #thoughtprovoking perspective on HATCo's acquisition of Summa Health! From promises and cautionary notes to hopes for a #techdriven healthcare transformation, this insightful opinion piece explores the intriguing dynamics of this venture. #healthcare #patientcare #healthtech