Green Bay-based insurance platform AppEase was one of five fast growing startups to receive a $60,000 investment and participate in the Birmingham, Alabama-based Prosper Healthtech Accelerator, according to WisconsinInno.
Green Bay’s AppEase was founded by Nicole Tilot and is developing technology to automatically transfer medical data between providers and insurance companies to reduce costs and increase the speed of insurance underwriting.
Prosper Healthtech Accelerator invests $60,000 into five high-growth startups per cohort that it considers to be focused on transforming the way health care is delivered and consumed. Accepted startups participate in the 12-week program which includes one-on-one coaching, mentorship-driven programming, deals and perks and connections to the gener8tor network of mentors and investors.
The accelerator received more than 90 applications. Companies were chosen based on growth potential and investor readiness.
“Each company brings a unique approach to improving health care through technology, from AI-powered lip reading to culturally competent care platforms,” said Kellie Clark, managing director of Prosper Healthtech Accelerator. “These founders have demonstrated their drive to reimagine the way health care is delivered and consumed — a North Star shared by Prosper Healthtech Accelerator. Over the next 12 weeks, we look forward to supporting their growth and helping them make an impact both locally in Birmingham and globally.”
At the end of the Prosper Healthtech Accelerator, the startup founders will pitch their companies to investors, community partners and the public at a showcase event Dec. 12 at Innovation Depot.
The accelerator is powered by gener8tor, a startup accelerator program founded in Milwaukee and Madison.
