Vheda Health, Inc.

Company Information

Website:

http://www.vheda.com

Sector:

Health Care, Health Care Information Technology, Mobile

Location:

Columbia, Maryland

Vheda Health builds solutions that provide a mix of human touch and technology to address the growing epidemic of chronic disease.

For the first time in human history, chronic conditions kill more people than infectious diseases...

In fact, in the U.S., 3 out of every 4 healthcare dollars is spent on treating chronic conditions.

Non-compliance is the leading reason health insurance companies and self-insured employers spend $76 billion on diabetes related hospitalizations every year. What keeps patients compliant is giving them attention.

Vheda Health saves health insurance plans and self-funded employers $15,000 per prevented hospitalization by automating care plan compliance.

Its flagship product is Leap, a personalized mobile intervention platform that engages individuals with weekly video visits from a dedicated Vheda Health coach, real-time compliance monitoring, and a focus on overcoming psychosocial barriers. The net result is increased quality of life and decreased occurrence of acute events.

Vheda Health has achieved $100,000 in revenues.

Team Background

Philip Rub - Co-Founder & President

Prior to founding Vheda Health, Philip was the lead software engineer for Resolution Health, a data analytics startup, where he developed much of the startup’s technology before it was acquired by WellPoint. He also served as a Senior Business Consultant.

Philip holds a BS in Information Systems from Mount St. Mary's University, and an MBA from the University of Maryland.

Shameet Luhar - Co-Founder & CEO

Prior to founding Vheda Health, Shameet was a Senior Manager at WellPoint (now Anthem), where he advised senior leadership on integrating technology into Case Management & Disease Management to optimize operations, improve, member engagement, and reduce costs.

Previously, he was a Senior Associate at Optimity Advisors, where he led the product design, strategic planning and rollout of a complex technology initiative for a Mid-Atlantic payor. Shameet began his career as an Analyst for Deloitte Consulting.

Shameet holds a BS in Information Systems and Supply Chain Management from the University of Maryland, and an MS in Medical Informatics from Northwestern University.

Co-Investors

StartUp Health

Incubator & seed investor in sustainable health and wellness companies

Iron Yard Ventures

Startup accelerator providing education and early stage funding for Digital Health and Edtech startups

Raising
$1 million
Committed
$1861K (19%)
Current Valuation
$9.5 million Cap / 20% Discount
Min. Investment
$10000
Offering Type
Convertible Debt
Finance History
  • $100K
    2014-09-30
    Unknown
Notable Investors
  • StartUp Health
  • Iron Yard Ventures
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