Company Research Report: Redesign Health

Company Overview

• Name: Redesign Health

• Mission: Redesign Health is on a mission to innovate in healthcare by developing technologies, tools, and insights that lower the barriers to change across the industry.

• Founded: 2018

• Founders: No information is available

• Key People:

• Brett Shaheen, CEO

• Adam Jones, Managing Director, Global Development

• Ayòbámi Olúfadéjì, Managing Director, Global Development

• Brenda Schmidt, Head of Strategic Growth & Innovation

• Christian Bjelland, Managing Director, Capital Network & Global Development

• Dave Krezmer, Managing Director, Ventures

• Dimeil Ushana, Vice President of Growth

• Erin Gaudreau, Head of Compliance

• Headquarters: New York, New York

• Number of Employees: 51-200 employees

• Revenue: The cumulative portfolio revenue exceeds $1B.

• Known For: Redesign Health is renowned for building over 70 healthcare businesses that have impacted more than 15 million lives across the care continuum. They focus on chronic care management, healthy aging, teleaudiology, COVID-19 testing, and metabolic health.

Products

Redesign Health is structured around the following key offerings:
1. Venture Building

• Description: Redesign Health excels in ideating, building, and scaling category-defining healthcare companies.

• Key Features: Develops concept, validates product-market fit, builds founding teams, secures partnerships, and executes business strategies.

2. Advisory Services

• Description: Offers expertise to accelerate innovation in client organizations.

• Key Features: Defines strategic initiatives, sources and assesses opportunities, builds and scales solutions.

3. Innovation Programs

• Description: Collaborates with global innovators to develop impactful healthcare solutions.

• Key Features: Innovation Labs, curated communities, expert and vendor networks, startup showcases.

Recent Developments

• Recent Board Change: On August 17, 2023, David Entwistle, President and CEO of Stanford Health Care, joined Redesign Health's board.

• Recent Product Launches: A stealth venture focusing on a next-generation AI platform for utilization management teams was developed at Redesign Health under the leadership of new CEO Chuck Feerick.

• Partnerships: Redesign Health partnered with NLC Health Ventures for an exclusive online pitch event, highlighting future healthcare innovations.

• Funding: Completed a Series C funding round on October 13, 2022, raising $65 million with investors such as General Catalyst.

• Acquisitions: Keen, a company built at Redesign Health, was acquired by Connie Health, expanding capabilities in senior Medicare guidance.

This report captures the key elements and recent activities of Redesign Health, emphasizing its role as a venture builder and innovation leader in the healthcare industry.