BOSTON – Boston-based business Constant Therapy was peer-selected last week to receive $100,000 in investment from Village Capital and Global Health and Social Innovation Capital Partners (GHSICP). The selection marks the end of a three-month accelerator program, Village Capital Health: US 2015, run by Village Capital in partnership with The Hitachi Foundation.
Constant Therapy and InRFood were selected from a pool of twelve early-stage health businesses committed to bridging the “health-wealth gap” by offering better access and/or delivering more affordable healthcare to low-wealth individuals. Constant Therapy is revolutionizing the treatment of neurological disorders using science-based digital brain therapy delivered on mobile devices.
“Village Capital is thrilled to support businesses that are creating more accessible and affordable health options for low-wealth individuals,” said Ross Baird, Executive Director of Village Capital. “Constant Therapy and InRFood represent the wide range of creative tech-based health innovations out there. We are excited to have worked with The Hitachi Foundation and Global Health and Social Innovation Capital Partners to develop the entrepreneurial ecosystem around these ideas.”
“We are proud to have partnered with Village Capital, for their Village Capital Health: US 2015 accelerator program that addresses health disparities in the US and around the world,” said Raj Gorla, Managing Partner at GHSICP. “We congratulate the winners Constant Therapy and InRFood, along with other tremendous companies like Legworks who aim to transform the lives of millions for the better.”
“Constant Therapy is helping thousands of stroke and brain injury survivors today to recover their everyday life skills,” said Veera Anantha, Founder and CTO of Constant Therapy. “Village Capital’s ecosystem is a fantastic resource for us as we rapidly increase awareness about Constant Therapy among patients and clinicians.”
Throughout the program, the entrepreneurs received mentoring from industry experts and potential investors. At the end of the program, the 12 ventures ranked each other in a unique process called peer-selection. The ten other ventures that participated in the program can be found here.
Village Capital sources, trains and invests in seed-stage entrepreneurs with business solutions to major global problems. Village Capital recruits entrepreneurs solving specific problems in agriculture, energy, education, financial inclusion, and health, and then puts the power of investment in the hands of the entrepreneurs, who award the prize investments to the two ventures ranked highest by their peers at the end of every program. The organization supports early-stage ventures through a 501c3 nonprofit operating training programs for founders, investors, and communities, as well as through an affiliated, for-profit investment fund providing early-stage capital to top-ranked ventures of each program.
The Hitachi Foundation is an independent, philanthropic organization that seeks to discover, demonstrate and expand business practices that both measurably improve economic opportunities for low-wealth individuals in the U.S. and enhance long term business value.
GHSICP is an impact fund that aims to enable mission-driven healthcare start-ups. Our goal is to improve health outcomes and increase healthcare access around the globe.