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TEL AVIV, Israel, Aug. 13, 2020 /PRNewswire/ — Nuvo Group—a personal firm commercializing INVU™, a prescription initiated distant being pregnant monitoring platform cleared by the U.S. Meals & Drug Administration (“FDA”) for residence use, introduced right this moment that CB Insights named it to its second annual Digital Health 150 rating, which showcases the 150 most promising non-public digital well being firms on the planet.
The 2020 Digital Well being 150 cohort highlights startups which are reimagining the traces of the standard healthcare expertise throughout 12 classes, from Digital Care Supply and Scientific Trials, to Drug Discovery and Specialty Care. Nations represented this 12 months embrace Canada, China, Israel, France, the United Kingdom, and the US, amongst others.
“This 12 months’s Digital Well being 150 is our most world ever, protecting one of the best non-public healthcare firms from 17 nations. Past geographic variety, these firms are innovating throughout the complete healthcare worth chain, spanning applied sciences that profit pharma & biotech firms, to payers, hospitals, insurers, and extra,” stated CB Insights CEO Anand Sanwal. “Final 12 months’s Digital Well being 150 winners noticed quite a few exits and went on to lift practically $5 billion in investor financing after being acknowledged. We stay up for seeing the success of this 12 months’s class of one of the best in digital well being.”
“Nuvo is honored to obtain this recognition from CB Insights, particularly when the necessity for expertise enabled healthcare has been elevated from an unmet to an acute want amidst the COVID-19 pandemic,” stated Oren Oz, Founder and CEO of the Nuvo Group. “Six years in the past, I invented the INVU platform after my household’s expertise of uncertainty and stress related to navigating a high-risk being pregnant restricted by outdated expertise and practices born of the analog period. I got here away from the episode decided to empower ladies with entry to raised knowledge to assist them navigate their finest expertise in partnership with their care workforce.”
By way of an evidence-based method, the CB Insights analysis workforce chosen the Digital Well being 150 from a whole lot of purposes based mostly on a number of components together with patent exercise, investor high quality, information sentiment evaluation, proprietary Mosaic scores, market potential, partnerships, aggressive panorama, workforce power, and tech novelty. The Mosaic Score, based mostly on CB Insights’ algorithm, measures the general well being and progress potential of personal firms to assist predict an organization’s momentum.
In Might, Nuvo introduced a collaborative partnership with the Hadassah-Hebrew College Medical Heart to create first-in-kind data-driven options to help suppliers delivering personalised being pregnant care, drawing from a big pool of choices and outcomes to create individualized suggestions. Nuvo and Hadassah Medical Heart will initially collaborate on the event of scientific determination help programs that may be built-in into the INVU platform, with the potential to create individualized and data-driven suggestions, enhance sufferers’ expertise and outcomes, and safely decrease healthcare prices. In March 2020, Nuvo introduced that it obtained clearance from the FDA to market INVU™ to offer measurements of fetal and maternal coronary heart price that may be captured exterior of healthcare settings. The Firm is getting ready to submit a second FDA 510(okay) submission to increase the present performance to additionally embrace distant non stress exams (NSTs).
Fast details on the 2020 Digital Well being 150:
- The 2020 Digital Well being 150 startups have raised over $20B in funding throughout 600+ offers from 900+ distinctive buyers.
- The checklist contains 12 unicorns (firms which have reached a valuation of $1B+) centered on a various vary of digital well being options, together with telehealth, insurance coverage, and robotic surgical programs.
- Many have shaped partnerships with key business gamers just like the American Coronary heart Affiliation, Cigna, and Mount Sinai Well being System.
To be taught extra in regards to the Digital Well being 150 Corporations and examine the complete checklist, go to: https://www.cbinsights.com/research/report/digital-health-startups-redefining-healthcare/.
About CB Insights
At CB Insights, we consider essentially the most complicated strategic enterprise questions are finest answered with details. We’re a machine intelligence firm that synthesizes, analyzes and visualizes tens of millions of paperwork to present our shoppers quick, fact-based insights. Serving nearly all of the Fortune 100, we give firms the facility to make higher selections, take management of their very own future, and capitalize on change.
About Nuvo Group
Nuvo Group is dedicated to serving suppliers and expectant moms by advancing being pregnant care with new expertise, instruments, and practices. The INVU™ platform combines proprietary {hardware} for knowledge assortment, progressive cloud-based software program for computational energy, and AI instruments to optimize the being pregnant care expertise on a world scale. INVU has obtained 510(okay) clearance from the U.S. FDA for maternal and fetal coronary heart price monitoring. INVU™ just isn’t but cleared for distant monitoring of uterine exercise in the US and is restricted to investigational use for this function. Firm management is comprised of devoted knowledge engineers, skilled medical and enterprise professionals, software program designers, and proud mother and father who embrace a collective mission to present each life a greater starting.
For extra info and full indications, contraindications, warning, and precautions together with directions to be used, go to: www.nuvocares.com
SOURCE Nuvo
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