Dallas’s Health Wildcatters Welcomes New Group of Health IT Startups
Dallas—Health Wildcatters, the Dallas accelerator geared toward supporting healthcare innovations, reported its latest cohort of 10 startups.
The class features startups that are developing technologies to affect mental health, improve clinical trials, and create a Priceline-type website for medical imaging centers, among other needs. The companies hail from around the United States, but several of the entrepreneurs are immigrants.
“Most of these teams have some sort of traction already; they’re not an idea they’re trying to sell,” says Hubert Zajicek, Health Wildcatters’ co-founder and CEO. “Most teams have customers or several customers, or beta users.”
Health Wildcatters was founded in 2013 as a healthcare sibling of sorts to the tech accelerator Tech Wildcatters, which is also based in Dallas. But the two have gradually separated and now operate independently of one another. Health Wildcatters, which used to share space with Tech Wildcatters, will inaugurate its own space in a few weeks in downtown Dallas.
Each year, the accelerator hosts about 10 startups, each of which receive $30,000 in investment in exchange for 8 percent equity. In total, the companies have raised $16 million from investors.
The work at Health Wildcatters is complemented 200-plus miles to the south at the Texas Medical Center’s TMCx accelerator, which this year welcomed its first group of digital health startups.
“We all know that healthcare is painfully behind in IT adoption, especially when it comes to mobile health and consumer-facing products,” Zajicek says.