Six startups have entered the Launchpad Digital Health accelerator and secured funding supplied from investors including Stanford University and the institution's StartX.

Stanford University and its accelerator program StartX have co-invested in six startups as they entered the Launchpad Digital Health accelerator program.

Draper Associates, HealthX Ventures, Three Leaf Ventures, Healthfundr and Aspect Ventures also contributed to the six seed rounds, which were all led by Launchpad.

Launchpad’s accelerator is a 12-month program aimed at the digital health sector that offers up to $500,000 in initial investment per startup.

Launchpad has only named five of the startups that received funding. They are:

  • Hint Health, a software-as-a-service provider aimed at facilitating value-based care;
  • Lab Sensor Solutions, which has created a sensor and data analytics platform to track and analyse lab samples that require close monitoring;
  • Moving Analytics, which relies on a post-cardiac surgery program developed by Stanford researcher Robert DeBusk in order to prevent relapse and readmissions at home;
  • SoberGrid, a mobile-based social network that helps sober individuals connect with other users as well as rehab clinics and professional services; and
  • Wellbrain, a meditation platform aimed at pain management that hopes to reduce patient’s reliance on addictive prescription medication.

Fred Toney, chief executive and co-founder of Launchpad Digital Health, said: “We continue to find terrific companies and entrepreneurs to back in digital health, and these companies are no exception. 

“We are also quite honoured to be backing companies with co-investments from many strong investors alongside us.”