10 Startups Bring Their Ideas to Techstars Physical Health Fort Worth Accelerator » Dallas Innovates

After announcing plans to launch the first Techstars program for Fort Worth earlier this year, 10 early-stage startups are coming together in the city to launch the first Techstars Physical Health Fort Worth Accelerator.

Dr. Sylvia Trent-Adams

From medical devices to motion-tracking machine learning technology, 10 companies from the United States along with Canada, Switzerland and Germany form the first batch of the first accelerator program focused on physical health the global investment platform. .

“We believe Fort Worth can become the world capital of fitness innovation, and this is an incredible step in making that vision a reality,” said Dr. Sylvia Trent-Adams, incoming UNT President. Health Science Center. in a report. She will act as a mentor for the program.

Each startup is eligible to receive $120,000 in seed funding

The 10 companies, selected from hundreds of applicants, will participate in an “intensive” 13-week mentoring and programming accelerator aimed at developing new technologies, treatments and therapies. The accelerator will end with a demo day on December 8.

In addition to entrepreneurial programming, companies participating in the program will be eligible to receive up to $120,000 in seed capital provided by UNT’s Health Sciences Center and Goff Capital. Both are part of the public-private partnership, including the City of Fort Worth and Tarrant County, which helped bring Techstars to the area in February. Over the next three years, UNT HSC and Goff aim to invest nearly $10 million in equity in companies participating in the program.

International scope is by design

Trey Bowles

The international scope of participating companies is intentional. As Tarrant County officials and business leaders have noted, each will help build the region’s activity density in the fitness space and increase the city’s start-up momentum, which will has been relatively lacking to date.

Company teams will be physically located in Fort Worth during the program. Mayor Mattie Parker has previously said she hopes the Techstars program will act as a “recruitment mechanism to bring the best and brightest minds in physical medicine and rehabilitation” to the city.

“With the combination of Fort Worth’s vibrant, collaborative, and supportive entrepreneurial ecosystem, along with Techstars’ proven track record of supporting and helping startups grow and excel, we expect great things from these founders,” Trey Bowles , chief executive of the Fort Worth Accelerator, said in a statement.

Here are the 10 companies joining the Techstars Physical Health Fort Worth Accelerator (with descriptions provided by Techstars):

  • Articulate Labs (Dallas)—Articulate Labs has developed platform technology that enables faster physical rehabilitation through motion-synchronous electrical muscle stimulation. The first application of this platform will focus on quadriceps atrophy and inhibition related to chronic knee conditions or following knee surgery.
  • BOOMROOM (Charlotte, North Carolina)—An integrated platform that provides fitness entrepreneurs with the tools and technology to host superior virtual experiences and run their business in one place.
  • Go Manda (Austin)—A digital solution for developing social skills through vocabulary building. It provides a tablet-based flashcard platform that offers teachers the best tool to teach vocabulary.
  • Neuroform (Toronto)—Neurofit creates virtual therapy exercises that assess, monitor and personalize care for neurological impairments. The startup produces a layer of digital data that uses telemedicine, remote monitoring and digital brain health programs to offer patients and clinicians a more proactive way to support the recovery journey.
  • Pulsewave AG (Bern, Switzerland)—TempleGuard from Pulsewave AG is a wearable accessory for existing goggles that measures vital signs behind the patient’s ear. The company’s device combines real-time patient monitoring with AI algorithms to predict the development of cardiovascular disease.
  • Stabl (Toronto/Chicago)—Stabl’s product is a fully web-accessible computer vision platform that automatically tracks patients’ biomechanics as they perform their recovery exercises. Movement data is fed to the patient’s clinical team members’ dashboard, where they can monitor the patient’s recovery, identify potential health risks, and communicate with the patient.
  • STRAFFR (Kassel, Germany)—For busy, health-conscious people who don’t have the time or inclination to hit crowded gyms or see a physical therapist, the company is the first truly smart resistance band that connects to an app to provide personalized and effective functional training, enabled by real-time feedback and supported by certified trainers and professional athletes.
  • Recovr Health (Tampa, Florida)—Recovr Health helps providers/payers increase compliance and reduce no-show rates by leveraging XR technologies to gamify physical and occupational exercise.
  • Wellest Inc. (San Francisco)—Wellest Inc. has created an industry-leading AI coach to manage end-user nutrition and activity plans. The startup’s deeply personalized and dynamic plans optimize users’ body compositions to help them look their best, feel healthier, and live longer, while maintaining the flexibility to live their lives.
  • ZAMA Health (Washington, DC)—ZAMA Health develops behavioral health integration for any athletic program, fitness business, or gym.

Entrepreneurs in Residence join Fort Worth Accelerator

In addition to welcoming its first batch of startups, Accelerator Techstars Physical Health Fort Worth has brought in two Entrepreneurs-in-Residence for the program. Both have industry expertise as well as “successful experiences” building their own businesses, Techstars said.

One is Dr. Richard Munassi. Most recently, co-founder of on-demand prescription delivery startup Medzoomer, Munassi has a long track record of supporting other entrepreneurs. On the board of a number of companies, including Techstars Cohort member Articulate Labs, Munassi is CEO of the Tampa Bay Wave Accelerator and Entrepreneur-in-Residence at the University of Florida. Munassi also works to identify commercial technologies for use in the space program within NASA’s iTech team.

The other entrepreneur in residence is Dr. Ed Buckley. According to Crunchbase, Buckley is the founder and CEO of wellness-focused digital fitness platform Peerfit, which was recently acquired by FitOn after raising nearly $50 million in funding. Additionally, Buckley serves as vice chairman of the board of nonprofit Florida Balance 180.

Local accelerator, global reach

While this accelerator marks Techstars’ first entry into the North Texas ecosystem, the organization has maintained a Lone Star presence since 2013 with the launch of its Austin Accelerator Program.

The Fort Worth program joins 11 others around the world, including in the United States, Europe, Australia and the Middle East.

Since its launch in 2006, Techstars said it has invested in more than 2,900 companies with a combined market capitalization of more than $179 billion, of which more than 150 have gone through its Austin program and subsequently raised, combined, more than $1. . billion.

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