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Thank you, HealthCare Texas 2016!

Thank you, HealthCare Texas 2016.  We appreciate the recognition for all the progress that Jean Anne Booth and the team has made to bringing the Kanega Watch to market and to extend independence with dignity for millions of vulnerable seniors. About HealthCare Texas The Texas Growth Capital Forum (TGCF) aligns late-stage venture capital growth investors with Texas-based technology companies seeking Series B or later funding. We achieve our mission by holding conferences which bring national venture capital investors to Texas to meet qualified growth company CEO’s in 1-on-1 meetings over the course of the 2-day events.   About UnaliWear Focus groups have called UnaliWear “OnStar for People” because we provide discreet support for falls, medication reminders, and a guard against wandering in a classically-styled watch that features an easy-to-use speech interface rather than buttons. Unlike traditional medical alert products, we work wherever you are, 24×7 – and unlike Apple Watch or Samsung Gear, we don’t require a smart phone. Our naming derives from Cherokee: “Unalii” is “friend”, and “Kanega” is “speak”.   Read more about our team...

Austin Statesman: Austin’s food, beverage startups riding wave of VC interest

  Austin-area startups in consumer packaged goods are riding a new wave of opportunity. In the first quarter of 2016, three local startups in the emerging sector each raised $3 million or more, according to a PricewaterhouseCoopers and National Venture Capital Association joint survey. The news for the sector — otherwise known as CPG industry — marked a bright spot in an otherwise tough report for Austin startups that saw a decline in investments. “Austin is just on fire right now in terms of the growth of the CPG industry,” said Clayton Christopher, an Austin veteran of the consumer packaged goods sector who recently co-founded CAVU Venture Partners, which is focused food and beverage startups. “There is a lot of support.” Overall, Austin companies drew $141 million in investments in the first quarter of 2016 — a 49 percent decline compared to the same period a year earlier. The report confirmed that Austin wasn’t immune to global trends as venture capitalists slowed their enthusiasm, rattled by economic uncertainties and high valuations for unproven companies. Even so, industry veterans say the report also showed a relatively young sector bucking the trend as investors place increasing interest in businesses selling consumer goods. Three companies — hard cider maker Austin Eastciders, healthy snacks company Rhythm Superfoods and watchmaker UnaliWear — closed deals in the first quarter. “I think investors in this market have really gravitated” to consumer packaged goods, said David Smith, founder and CEO of High Brew Coffee, the fast-growing, cold-brew coffee company that announced its own funding round of $4 million this past week. The round was led by Christopher’s...

CNBC Mention of Jean Anne and UnaliWear in 94-year-old fashion icon’s smart bracelet to compete with Fitbit

Recently, CNBC mentioned Jean Anne and UnaliWear in a recent article featuring Iris Apefel. … Jean Anne Booth, CEO of UnaliWear, is also out to shake up wearables. A serial entrepreneur, Booth was drawn to wearables when her elderly mother didn’t want to wear an alert button. So Booth got the idea to create a wearable watch that’s voice activated and doesn’t need a smartphone. The wearable, expected to be on the market this summer, also sends distress signals, location assistance and other alerts. She calls it OnStar for seniors. “I wanted my mother to live independently,” Booth said. “Why give control to someone else?” The over-65 market is growing, explained Shailendra Mahajan, managing director of Maxim Ventures in San Jose, California. “People in that age group will be monitoring vital signs,” said Mahajan, who invested $1 million in UnaliWear. “They want a good quality of life.” .. Full...

Thank you, Seton! Innovation Winner at the The Future of Care: Healthcare Innovation Awards

We want to say thank you to Seton for today’s Innovation Award at Healthcare Family’s “The Future of Care: Healthcare Innovation Awards” Winners were selected from among 10 companies named finalists for Seton Healthcare Family’s The Future of Care: Healthcare Innovation Awards. A field of 85 applicants responded to Seton’s call for entries and submitted their solutions toward solving one of health care’s most difficult challenges: communication. Recently, Seton, The University of Texas and Central Health established a nonprofit to develop the eastern part of downtown Austin as an innovation district connecting their health care practice and research with established businesses and enterprising start-ups. The goal is to spur innovation in health care and other sectors. “Seton is at the heart of solving real human problems in health care. As the largest caregiver in Austin’s future Innovation Zone, Seton will be where collaborators physically come together to explore how to care for people in the best manner possible,” Kristi Henderson, Seton vice president of Virtual Care and Innovation, said. “But in order to succeed at the highest level, the partnership must engage with entrepreneurs to rethink health care and imagine a different – and far better – future.” The winners were: Kanega, a stylish watch designed by UnaliWear. This is the first all-in-one, voice-controlled device designed to keep people safe, while living independently. It provides fall detection, emergency help, “guide me home” assistance, voice-activated directions and medication reminders. Patient IO was honored as well and is an Austin company working to improve how people manage their personal health through mobile technology, received the Seton Innovation of the Year Award for its...

Austin health care innovators to be honored with awards

Ten Central Texas companies are in the running for an award honoring the businesses trying to creatively solve the most pressing issues in the health care industry. The three winners in Seton Healthcare Family’s “The Future of Care: Healthcare Innovation Awards” will be announced April 27 at a luncheon at the Four Seasons Hotel in downtown Austin. One business will also be crowned the overall Innovator of the Year. Prizes include mentorships and work sessions with clinical teams, innovation leaders and subject matter experts. More than 80 companies applied. The finalists were chosen by a panel of judges including physicians, entrepreneurs, academics and investors. The 10 finalists are: • Afoundria, developer of Chartpath, a comprehensive clinical charting and billing tool; • Aunt Bertha, an online database of free and reduced-cost social programs that health care providers can use to provide food, housing, transportation and other resources to patients in need; • Decisio Health, developer of Patient Dashboard, which provides bedside clinical decision support for care teams; • ePatientFinder, which connects physicians to information about medical research trials and helps them determine whether patients qualify; • Humm, developer of a real-time patient feedback platform; • Patient IO, which develops a product to coordinate patient care by interacting with electronic health records and population health management systems; • Rallyhood, an online tool for coordinating and communicating emotional, practical and financial support for patients; • Sotera Wireless, developer of the Visi Mobile system for continuously monitoring and reporting patient vital signs; • UnaliWear, which develops a waterproof, voice-controlled smart watch that monitors vulnerable populations such as seniors or those with physical limitations;...

AARP announces 10 finalists for LivePitch event

Ten startup health tech companies have been selected from more than 200 applicants to pitch their businesses at the AAPR’s fifth Health Innovation@50+ LivePitch event April 27 in Sunnyvale, CA. “It is refreshing to know there are so many companies focused on technology solutions for people 50 and over, as well as their caregivers,” Jody Holtzman, senior vice president for enterprise strategy and innovation at the AARP, said in a statement. “With literally millions of Americans requiring assistance and millions of others providing unpaid care to these folks, there is an immense need.” Finalists from the previous four events have raised more than $80 million in investments, and four companies have been acquired. Read more here:...

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Come see UnaliWear’s CEO, Jean Anne Booth, as she appears in the sessions “Venture Funding Hits a  Lull, Now What?” and Women’s Health Panel SXSW on “Women Revolutionizing Digital Health.”

Contact us at info@unaliwear.com if you’ll be at SXSW and would like to get together.