Announcing our investment in Scanwell Health: making healthcare more accessible with accurate, at-home medical testing

Nov 12 15:11 2019 Print This Article

Last week, I shared that I am looking for opportunities in femtech, and in the post, I wrote:

In the future (and we’re starting to see this happen now), tests will be taken in the home with results delivered immediately: imagine something like a pregnancy test or glucose test strip in the home but to diagnose common ailments like UTIs, STDs, strep, etc. which can then be treated via telehealth with a doctor quickly reviewing results and writing a prescription to your local pharmacy or directly to your home.

It’s a future where these tests and care are effectively delivered as close to OTC (“over the counter”) as we can get (but can’t currently because treatment often involves regulated medications like antibiotics). As we approach OTC treatment, even if patients have to pay out of pocket, it will cost a magnitude or two less than going to a physician or clinic.

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Version One VC Blog

Version One is an accelerator for innovative start-ups with a fresh approach to solving important and difficult problems. They invest in category leaders that leverage network effects to build a defensible product. Version One has invested in over 50 internet companies such as Frank and Oak. Angel List, Booster, and more.

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