Validic

The company operates a Health IoT platform that integrates patient-generated health data from over 570 in-home clinical devices, wearables, and wellness applications directly into healthcare systems. This cloud-based platform connects to devices from major brands like Apple Health, Fitbit, Garmin, Omron, and Dexcom, capturing metrics such as blood pressure, glucose levels, weight, and activity. The data is standardized, HIPAA-compliant, and streamed in near real-time into a provider's existing Electronic Health Record (EHR) systems, such as Epic and Oracle Cerner, through a single API connection. This integration allows clinicians to access remote patient data within their established workflows, saving time and eliminating the need for separate applications. Recently, Validic introduced "Sparks," a generative AI feature that analyzes this data to provide clinicians with concise summaries and highlight significant health trends.

Validic's business model targets healthcare providers, health plans, value-based care organizations, and pharmaceutical companies. By providing a scalable infrastructure for remote patient monitoring (RPM) and chronic care management, the company helps these organizations improve patient outcomes, enhance engagement, and increase operational efficiency. For example, their programs have demonstrated a 1.2-point A1C reduction in diabetes patients and a 12% drop in systolic blood pressure for hypertension patients. The company generates revenue through its configurable solutions, allowing clients to pay for the specific services they need. To support its clients, Validic also offers services like device logistics, kitting, and patient-facing technical support. The firm has raised a total of $31.6 million over eight funding rounds, with notable investors including Kaiser Permanente Ventures, Greycroft, SJF Ventures, and angel investor Mark Cuban.