Springboard Corner: September 2023

Sep 6, 2023


Welcome To The Springboard Corner

Welcome back to the Springboard Corner, where we highlight and share recent milestones of life science and hi-tech startups which we have worked with through Connect’s Springboard program. Keep reading for the latest from these amazing Springboard companies!

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Biolinq – a leader developing innovative and minimally invasive biowearables to monitor diabetes and metabolic health, they recently signed an exclusive agreement with Taisho Pharma to commercialize their products in Japan. Taisho is one of the largest OTC (Over the Counter) companies in Japan. (Highlighted June 2022)

BuildFire – a leader in the mobile app development industry, no coding required, they recently announced the acquisition of Bizness Apps, a La Jolla based app builder serving small businesses. (Highlighted July 2022)

Inhibrx – a clinical stage biotech company developing cancer and rare disease therapeutics, they recently announced a $200M private placement financing. (Highlighted Summer 2023)

MD Revolution – a leader in developing online healthcare platforms for remote patient care management, the company recently raised a $5M Later Stage VC round. Additionally, MD Revolution acquired NavCare, a Georgia based company which offers chronic care management and remote patient monitoring services.

ShipCalm – founded in 2017, ShipCalm provides comprehensive operational solutions for e-commerce fulfillment and third-party logistics business owners. They recently raised a $2M Seed round which they will use to grow and scale their business.

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Inc. Magazine recently released its annual Inc. 5000 List for 2023. Driven by data, each year this list provides a ranking of the fastest growing companies in the country. We congratulate the following Springboard companies which made the cut this year:

Avacen Medical – has developed a pain management medical device which is drug-free, FDA-cleared, non-invasive, and available over-the-counter. This marks the fourth year for the company to make the Inc. 5000 List.

Doctible – has developed a communication platform for patients to easily find and engage with a network of health providers. This marks the fourth year for the company to make the Inc. 5000 List.

MD Revolution – has developed a digital healthcare platform for patients to better manage their chronic health care and improve the patient and caregiver engagement. This marks the third year for the company to make the Inc 5000 List.

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Thank you for reading this month’s edition of Springboard Corner, and stay tuned for more great news from Connect’s Springboard Companies!