MedStartr is an emerging player in the crowdfunding healthcare revolution. When founder Alex Fair realized that the large crowdfunding sites did not permit healthcare projects, he created MedStartr to bring healthcare solutions out of the idea box and into the marketplace
With MedStartr, Fair hopes to create a space for healthcare innovators, and give them a shot at gaining traction in the industry, much like a business accelerator . “[These] companies create a Wave that begins with patients and doctors, continues to hospitals, and ends with the perfect partners, VC funding, and sometimes an outright acquisition,” he writes on the platform’s page. This “wave” has momentum; the average Medstartr project “raises $13,012 immediately and over $405,000 over the next six months.”
Medstartr’s success stories are front and center; examples of funded projects come from companies hoping to “educate and engage patients to better navigate their entire cancer journey” and produce a “movie to spread the patient empowerment movement.”
Similarly, Launcht client Beats of Laughter is a platform that attempts to combat the spread of cancer by putting funding in the hands of bio-entrepreneurs. Often, health related grants only cover a portion of research costs that these entrepreneurs face. With the help of the crowd, Beats of Laughter provides biotech professionals with money to produce innovative cancer fighting treatments.
As the crowd begins to influence health related product development and research, having a versatile crowdfunding platform is a necessity. A company like Launcht, which provides a customizable white label crowdfunding platform fits this mold.
To learn more about how Launcht can make your crowdfunding dream a reality, click here.