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Pulse@MassChallenge Launches Second Class

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Pulse@MassChallenge, the pre-series B digital health startup accelerator that launched last year with the backing of the Commonwealth of Massachusetts and a number of industry supporters, has announced the 32 startups in its second class, which will launch tonight at an event in Boston.

Pulse works a little differently than many other accelerators. It takes no equity in the startups and doesn’t accept startups unless a major healthcare stakeholder wants to work with them as a “champion” in a relationship that’s half mentorship, half pilot program. All companies receive coworking office space and a chance to apply for $50,000 in need-based funding, but they compete for a share of the $200,000 available to the top three companies, chosen at the end of the six-month accelerator.

“This is our second year, and last year we rode a ton of momentum from the digital health initiative being launched in Massachusetts,” Director Nick Dougherty told MobiHealthNews. “This year for us is a real test of the model. We were able to get really great results last year and generate a ton of great partnerships that led to a number of implementations, led to some investments from the champions in the startups. For us, if we can replicate and grow on those results, we feel that weve got a strong foundation that we can continue to build from, and were super excited to build rapidly on top of that.”

Read more on MobiHealth News

 

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