Founded Year

2010

Stage

Series B | Alive

Total Raised

$19.54M

Valuation

$0000 

Last Raised

$12.5M | 7 yrs ago

About Validic

Motivation Science is the developer of Validic, a digital health platform that provides a simple connection to secure, standardized data from specialized digital health technologies, such as wellness applications, wearables, fitness equipment and clinical devices.

Validic Headquarter Location

300 W Morgan Street Suite 1200

Durham, North Carolina, 27701,

United States

800-495-7934

ESPs containing Validic

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / Life Insurance Tech

Wearables are smart devices that collect biometric data from the individual wearing them. Life insurers can tap into this data to underwrite and price policies. Players in this technology market include wearable hardware manufacturers with software platforms and pure-play wearable software platforms.

Validic named as Leader among 8 other companies, including EVO, PAI Health, and Life.io.

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Validic's Products & Differentiation

See Validic's products and how their products differentiate from alternatives and competitors

  • Validic® Impact remote care application

    Validic® Impact is our front-end application embedded into the clinical workflow for remote patient monitoring, chronic condition management and post-acute condition monitoring.

    Differentiation

    Scale across conditions, populations 

    Organizations of all sizes can create and scale remote monitoring programs and offer meaningful, continuous and personalized care, across populations and chronic conditions. Standalone, disease-spec… 

    Improve operational efficiency with true integration 

    Many health IT vendors claim to “integrate” into the clinical workflow, but what they really do is “interface.” Our solution integrates directly into the clinical workflow, with standardized integra… 

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Validic

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Validic in 1 CB Insights research brief, most recently on Apr 11, 2022.

Expert Collections containing Validic

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Validic is included in 9 Expert Collections, including Clinical Trials Tech.

C

Clinical Trials Tech

329 items

Companies developing products and services to streamline drug R&D, from drug discovery, pre-clinical testing, and clinical trials.

I

Insurtech

2,421 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

H

Health IT

3,645 items

Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.

C

Conference Exhibitors

5,302 items

D

Digital Health

13,075 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

T

Telehealth

2,833 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Validic Patents

Validic has filed 3 patents.

The 3 most popular patent topics include:

  • Cloud standards
  • Computer access control protocols
  • Federated identity
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/27/2016

9/25/2018

Optical character recognition, Artificial intelligence applications, Diagrams, Diabetes, Personal computers

Grant

Application Date

7/27/2016

Grant Date

9/25/2018

Title

Related Topics

Optical character recognition, Artificial intelligence applications, Diagrams, Diabetes, Personal computers

Status

Grant

Latest Validic News

09:30 EDT Validic Named "Best Connected Health Platform" in 2022 MedTech Breakthrough Awards Program

May 5, 2022

News provided by Share this article Annual Awards Program Recognizes Outstanding Health & Medical Technology Products and Companies DURHAM, N.C., May 5, 2022 /PRNewswire/ --  Validic®  Inc., a leading provider of digital health and remote care solutions, today announced that its Validic® Inform digital health platform was selected as winner of the "Best Connected Health Platform" award in the sixth annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market. Validic was previously recognized with two "Best Overall Connected Healthcare Solution" awards. As healthcare's first and largest IoT platform providing access to personal health data, Validic provides organizations with a single connection point for ingesting data from hundreds of connected data sources in near-real-time. The Validic® digital health platform powers the access, standardization and integration of personal health data from the largest ecosystem of connected apps and devices in the healthcare industry, enabling improved remote care, preventive wellness and continuous monitoring programs. Users authorize healthcare and wellness organizations to collect and use their device-generated data within the organization's application, platform, clinical system or data warehouse. With integrated data from 530 consumer and clinical sources, organizations can monitor, measure and derive valuable insights into their members' outcomes, engagement and adherence with a particular program. The platform also supports a bring-your-own-device (BYOD) strategy, meaning companies can integrate activity, sleep, vitals or biometric data regardless of device manufacturer or connectivity. The Validic® Inform platform also offers an API that delivers standardized, normalized data via a secure, HIPAA-compliant connection from wearables, health apps and in-home medical devices. "Many personal and home health devices are still not wirelessly connected, and this data is often inaccessible to the clinician outside of the clinic," said James Johnson, managing director, MedTech Breakthrough. "Validic overcomes this connectivity barrier with a truly scalable solution designed to enable a simple, standardized connection between healthcare organizations and their end users' mobile health apps and home monitoring devices. The Validic® Inform platform is leveraged by organizations with dozens to millions of connected users as a way to standardize data from disparate sources and enable better user engagement, behavior change and outcomes – and we are thrilled to congratulate the entire Validic team on being a 2022 MedTech Breakthrough award winner." The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data and many more. This year's program attracted more than 3,900 nominations from over 15 different countries throughout the world. "We're honored to receive this award from MedTech Breakthrough," said Drew Schiller, Validic CEO and co-founder. "At Validic, we are hyper-focused on improving the quality of life by making personal data actionable for patients and providers. The personal data we generate every day matters the most to our health but is considered the least in healthcare. We're changing that by deeply integrating our technology solutions into the clinical workflow and giving providers access to critical health information exactly when they need it. For the first time ever, personal health data is a first-class citizen of the EHR so that providers can have more meaningful conversations with their patients." With more than five million connected users and billions of data transactions monthly, Validic® Inform can scale with organizations as they grow. About Validic Founded in 2010, Validic® Inc. is a digital health and remote care company devoted to our mission of improving the quality of human life by making personal data actionable. We built the world's largest health IoT platform to transform personal data into insights and actions that improve healthcare delivery, strengthen relationships and empower people to play an active role in their health and well-being. Leading healthcare providers, health plans and health IT companies, such as Kaiser Permanente, Mass General Brigham, Cleveland Clinic, Mayo Clinic and CVS Health, use our solutions to deliver high-touch and personalized chronic condition management, remote care and support for healthy living. With a platform intentionally built to support a broad digital health strategy and scale across populations and conditions, Validic supports the largest RPM program in the country at Kaiser Permanente, with more than 250,000 enrolled patients since its inception and 6,000 referring providers. Our digital health platform has more than 5 million active users and 530+ supported devices. Our remote care solution is available as a standard integration in the Epic App Orchard and Cerner marketplace. Validic was named Best Overall Connected Healthcare Solution by MedTech Breakthrough and North American RPM Company of the Year by Frost and Sullivan. Validic is HIPAA-compliant, HITRUST CSF Certified®, and ISO-27001 certified for Information Security Management. Visit Validic.com and follow @Validic on Twitter and LinkedIn to learn more. About MedTech Breakthrough Part of Tech Breakthrough , a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is devoted to honoring excellence in medical and health related technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough health and medical companies and products in categories that include Patient Engagement, mHealth, Health & Fitness, Clinical Administration, Healthcare IoT, Medical Data, Healthcare Cybersecurity and more. For more information visit  MedTechBreakthrough.com . Validic Media Contact:

Validic Web Traffic

Rank
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Page Views per Million (PVPM)
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  • When was Validic founded?

    Validic was founded in 2010.

  • Where is Validic's headquarters?

    Validic's headquarters is located at 300 W Morgan Street, Durham.

  • What is Validic's latest funding round?

    Validic's latest funding round is Series B.

  • How much did Validic raise?

    Validic raised a total of $19.54M.

  • Who are the investors of Validic?

    Investors of Validic include SJF Ventures, Greycroft, Kaiser Permanente Ventures, Wilmington Investor Network, Mark Cuban and 5 more.

  • Who are Validic's competitors?

    Competitors of Validic include Syapse, Owkin, Optimize Health, TicTrac, Mendel.ai, Sprout Wellness Solutions, ConcertAI, AllStripes, Verana Health, Holmusk and 29 more.

  • What products does Validic offer?

    Validic's products include Validic® Impact remote care application and 2 more.

  • Who are Validic's customers?

    Customers of Validic include Kaiser Permanente and Prisma Health.

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