25 Aug 2021

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ChaTech: FreightWaves is Tech Company of the Year

FreightWaves was recently honored to receive the Technology Company of the Year at the Chattanooga Technology Excellence Awards, known as TechX.

Presented by the Chattanooga Technology Council (ChaTech), the awards “recognize technology leaders, entrepreneurs, developers and community professionals in all specialties with awards in 10 categories.”

FreightWaves Founder and CEO Craig Fuller said, “On behalf of the entire staff at FreightWaves, I would like to thank the Chattanooga Technology Council for this honor. FreightWaves is active on the Board and we strongly believe in the quality of technology professionals in this area. FreightWaves was started in Chattanooga because we thought we could build a technology-based business here, like many others have.

Craig Fuller, Founder and CEO of FreightWaves, explains a SONAR feature.

High-tech in Freight Alley

When it comes to building a tech company, especially one as hyper-focused on supply chain and logistics as FreightWaves, there are few places in the country that can compare to Chattanooga. The city is located in the middle of an area known as “Freight Alley” and it has both benefited and contributed to the concentration of logistics services in the region.

According to a Cambridge Systematics freight study, Chattanooga ranks first among all metropolitan cities in freight transportation. The Thrive 2055 study, commissioned by the Chattanooga-Hamilton County Transportation Planning Organization, found that about 80% of all cargo in the country passes through Chattanooga on its way to its final destination. This is due in large part to the convergence of three freeways: I-24, I-59 and I-75.

“Over the past 18 months, we’ve gone from a venture-funded start-up to a growth-oriented, but operationally efficient company,” Fuller explained. “We have focused on operational excellence in all aspects of our business and have balanced high growth with a path to profitability. “

FreightWaves overview

FreightWaves is the leading provider of freight market forecast, data, news and analysis. Logistics and supply chain companies depend on FreightWaves for benchmarking, analysis, monitoring and forecasting of prices, capacity, demand, energy and carbon intelligence. The company provides the latest data and market intelligence through SONAR, a subscription-based SaaS platform, and through the world’s largest streaming media network focused on logistics and chain information. supply.

FreightWaves received the Technology Company of the Year award from the Chattanooga Technology Council.

Overview of the Chattanooga Technology Council

The Council’s mission is to connect the Chattanooga tech community to help stimulate economic growth in the region. It offers outreach and education programs for youth, awards scholarships to students in hopes of empowering the next generation of IT professionals in Chattanooga, offers peer group programs and leadership forums, collaborates in economic development partnerships and provides the opportunity to connect.


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By: Category: Technology company

25 Aug 2021

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Mercedes CTO Sajjad Khan resigns to start venture capital fund

BERLIN – Mercedes-Benz chief technology officer Sajjad Khan will leave the brand to create a tech venture capital fund, the company said in a statement.

Khan, who is leaving at his own request, will leave on September 1.

The automaker said Khan’s replacement Magnus Östberg will take overall responsibility for the MB.OS vehicle operating system as director of software, effective September 1.

Khan, a Automotive news Europe Eurostar 2019, was responsible for the CASE (Connected, Autonomous, Sharing / Services, Electric) organization of the car manufacturer. He was also the main force behind the company’s MBUX user interface software and heavily involved in the development of the hyperscreen touchscreen for the flagship Mercedes EQS sedan.

“Sajjad Khan has decisively advanced digitization at Mercedes-Benz and has significantly shaped the product portfolio,” Daimler Supervisory Board Chairman Bernd Pischetsrieder said in the statement. “With MBUX, he created a system that sets a new benchmark in the automotive industry.”

From 2011 to 2015, Khan worked for BMW, where he eventually became Vice President, responsible for the Connected Drive system worldwide. He took responsibility for Digital Vehicle and Mobility as Vice President of Daimler in 2015, starting as CTO of CASE in 2017.

Östberg began his career in the automotive industry with technical and software consultancy firm Mecel, then held managerial positions at Delphi in Germany and the United States, focusing on vehicle software, l infotainment and telematics.

Most recently, the Swedish-born executive was vice president of software platform and systems at supplier Aptiv in the United States.

“With MB.OS we have made a clear strategic decision for the future of Mercedes-Benz: to apply our own software platform for our vehicles, for which we are currently creating a specific software station to bring together responsibility for all developments. associated. tasks, ”Daimler CEO Ola Kaellenius said in the statement.

“Magnus Östberg is a perfect fit for this role and I look forward to working with him very much.”

Mercedes also announced that R&D activities will be realigned as part of the company’s all-electric development and merged into the department of Markus Schäfer, Mercedes COO and member of Daimler’s board of directors for group research.

Khan’s sudden departure was greeted as a surprise in the business press, with the German trade publication Handlesblatt calling Khan a “pioneer” and noting that his sudden departure comes amid massive restructuring.

Kaellenius’ statement acknowledged that Khan had laid the groundwork for MB.OS with his “technological expertise, strategic foresight and an excellent team,” and noted that Mercedes would serve as an angel investor in his new venture.


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By: Category: Venture capital

24 Aug 2021

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Scott G. Love appointed to lead LISC Louisville, drive investment plan to fuel economic opportunity, pandemic recovery and racial justice

LOUISVILLE, Ky., August 24, 2021 / PRNewswire / – Local Initiatives Support Corporation (LISC), the country’s largest community development organization, today announced the launch of a new full-service program office in Louisville nurture inclusive growth and opportunities across the city, with a particular focus on communities with a long history of racial discrimination.

To lead the effort, LISC called on Scott G. Love as the first executive director of LISC Louisville, the national nonprofit 38e local program office. Love has over 25 years of investment experience Louisville communities, most recently as Vice President / Director of Community Development at Truist Bank where he led support for small business growth, workforce development, affordable housing, economic mobility and equity in education in Kentucky and Ohio.

Previously, he spent 12 years at Louisville Forward, the city’s economic development agency, helping drive a range of development programs, especially in communities often overlooked for investment. Prior to that, he worked for 11 years as Vice President of BB&T Bank (since renamed Truist), managing a large portfolio of commercial loans.

“Scott has the expertise and deep local connections to lead ambitious community investment efforts in Louisville, collaborating with neighborhood organizations, city officials, business leaders and residents on what works best for it. catalyze opportunities, ”said Lisa glover, President and CEO of LISC. “The goal is to help build widely shared prosperity, which gives everyone the chance to succeed, regardless of race, class, age or zip code, as inclusive growth makes the whole region stronger, ”she added.

LISC brings national resources to the city in the form of grants, low-interest loans and equity investments. For example, LISC has invested $ 3 million in the Louisville Urban League Sports and Learning Complex, which opened earlier this year, leveraging capital tied to its federal allocation of new market tax credits to support the project . This is part of over $ 16 million that LISC has already invested in Louisville market to support affordable housing, small businesses and community amenities.

“I can’t think of a more important time to invest in our people and our communities,” said Love, a Milwaukee native who lived in Louisville since 1997. “Whether we’re talking about good housing or strong businesses, healthcare, child care or family income growth, LISC can help connect the dots to create opportunities for residents and grow our economy, by especially in underserved communities. “

LISC’s entry to Louisville comes after more than two years of planning and discussion with the City of Louisville, local community groups, philanthropy and the business community on market forces and needs. Since then, LISC has established a local advisory committee made up of top business, philanthropic and community leaders to help guide its from Louisville efforts. Charlon mcintosh, senior vice president of business operations and services at Humana, chairs the committee.

Through these partnerships and the support of donors, LISC has already started to develop programs to meet local needs around small businesses, economic development, nonprofit capacity building and affordable housing.

“The support of city leaders, businesses and local funders will be essential to our local efforts to address the challenges of economic opportunity and systemic racism, especially as we begin to emerge from the pandemic,” Love said. “We can help close the gaps in health, wealth and opportunity by connecting flexible capital with innovative partners and programs. This is what LISC is doing across the country. “

In addition to her professional work, Love also donates her time to various local organizations. He has served in various capacities on the boards of directors of the Louisville Asset Building Coalition, the Wesley House Community Services, the New Legacy Reentry Corporation, Habitat for Humanity and the Community Action Partnership, among others.

Love can be reached from 25 auguste To [email protected].

About LISC
With residents and partners, LISC forges communities of resilient and inclusive opportunity across America – great places to live, work, visit, do business, and raise families. Since 1979, LISC has invested $ 24 billion to build or rehabilitate more than 436,320 affordable homes and apartments; and develop 74.4 million square feet of commercial, community and educational space. To learn more, visit www.lisc.org and www.lisc.org/louisville.

SOURCE Local Initiatives Support Company (LISC)

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http://www.lisc.org


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By: Category: Drive investment

23 Aug 2021

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Michelman & Robinson announces very first chair in emerging companies and venture capital

IRVINE, CA / ACCESSWIRE / August 23, 2021 / The last quarter was a historic one for venture capital activity, the largest ever measured in dollars invested. With this momentum starting in Q3 2021, deal flow is increasing, and among law firms experiencing a slight increase in start-up deals is Michelman & Robinson, LLP, who just appointed Harpreet Walia as president of emerging companies and venture capital.

Walia is based at M&R’s Los Angeles office, although he also maintains a significant presence in the Bay Area. With extensive experience working with start-up and emerging growth clients, particularly those in the tech industry, Walia is “now poised to gain even more foothold in Silicon Beach, Silicon Valley and beyond.” , according to Sanford Michelman, president of M&R.

Commenting on her new role, Walia said, “My new designation reflects M&R’s focus on emerging companies, which is well placed given that deals above $ 100 million have reached an all-time high, as are middle market transactions in the technology sector. He goes on to say, “M&R has a strong corporate transactional practice in both California and New York and an ideal base for managing the lifecycle of emerging businesses, which often begins even before the company is founded. That being said, we are certainly the beneficiaries of the surge of activity seen in tech hubs around the world, the growing nature of seed capital funding, and more robust exit opportunities from the private market.

Stephen Weiss, who leads the M&R transactions team, adds: “Harpreet is an accomplished business strategist, whose work on behalf of tech start-ups is bolstered by his network of investor relations and advisors across the world. Combine that with his extraordinary skills in managing cross-border transactions, including those originating from India, and it is no wonder that he was named the very first President of Emerging Companies and Venture Capital in the world. cabinet. ‘

About Michelman & Robinson, srl

M&R is a national law firm headquartered in Los Angeles, with additional offices in Orange County (California), San Francisco, Chicago and New York. The firm represents clients in a multitude of areas, such as complex litigation and class actions and employment, business and securities, regulation, white collar criminals, cybersecurity, privacy, real estate and bankruptcies. They do this for individuals and entities across industries including advertising and digital media, banking and financial services, cannabis, capital markets, hospitality, insurance, music and entertainment, retail and clothing and sports. For more information, please visit www.mrllp.com.

For more information, contact:
Paul Zimmerman
MICHELMAN & ROBINSON
424.365.6100
[email protected]

THE SOURCE: Michelman & Robinson

See the source version on accesswire.com:
https://www.accesswire.com/660753/Michelman-Robinson-Announces-First-Ever-Emerging-Companies-Venture-Capital-Chair


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By: Category: Venture capital

21 Aug 2021

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Stimulate the agility of innovation for companies

We are in an era of the startup gold rush where small businesses are growing at an unprecedented rate due to the rapid cycle of innovation and the exponential adoption of new technologies like artificial intelligence (AI) on the market. the market. According to the full list of unicorn businesses released by CB Insights, there were over 700 unicorns worldwide as of July 2021. Former popular unicorns include Airbnb, Facebook, and Google – now big companies themselves.

To fuel startup growth, venture capital activity exploded to new highs in Q2’21, with global funding surging 157% from Q2’20. Over the next decade, the term unicorn will likely be replaced by decacorne (a company valued at over $ 10 billion) and eventually by hectocorn (a company valued at over $ 100 billion). In fact, SpaceX and Stripe are two recent examples of startups that have already achieved Hectocorn status as private companies.

A key broader market-level impact driven by startups is that they create technologies that change the mindset of customers. The same customers then expect a similar level of technological development and speed of innovation from large companies. This is generally difficult to achieve for a large company. As startups grow so well, large companies need to reinvent themselves to stay competitive and attract customers. To achieve this, companies adopt various innovation models to improve R&D and production capacities. The behind-the-scenes innovation model has only worked for a few companies in the United States consistently for decades, such as Apple. Most businesses struggle to find the next big disruption internally. They mainly refine the product (or at best penetrate adjacent markets) that gave them the initial success. There are several reasons for the lack of sustained innovation in large companies, the most important being the reward mechanism linked only to success instead of failure being worn as a badge, lack of risk-taking, risk-taking. decision involved in hierarchy and state of mind. of the workforce being like that of the employees rather than that of the independent founders. Therefore, big companies lose their way because they thought too much inside the walls compared to the outside, which is the easiest way to innovate.

To solve this problem, companies are increasingly looking outside for sources of innovation. Hence, they adopt strategies such as venture capital investment and open door innovation. Let’s take a look at these models of innovation that companies use to expand their business horizons.

One of the common strategies adopted by companies is the open innovation policy. It involves developing internal and external ideas to drive business innovation. To do this, companies organize an in-house innovation team or hire a new team experienced in leading such innovation projects. But there are hardly any examples of companies that have made this strategy successful in driving the engine of business innovation. There are several reasons for this. New ideas, once prototyped, typically do not receive the same level of resources and attention as existing income-generating business units. Moreover, the transfer of the nascent product line to integrate them into an established product group for the next phase of growth is often faced with the syndrome of the non-invented here. For these reasons, scaling newly developed ideas into a large corporation has proven to be an insurmountable challenge.

Another notable innovation model is the Corporate Venture Capital (CVC) strategy. It is a growing trend for companies to start their own HVAC or outsource this effort to a company that offers venture capital as a service. Companies are realizing that doing their own CVC does not produce the desired strategic or financial returns. With the exception of a handful of CVCs who have been seeking venture capital for over a decade, CVC’s financial performance ends up being below par. This is mainly due to two factors: the poor quality of the flow of investment transactions and the often missed balance between the management of strategic and financial returns. Even though the CVC has access to high-quality transactions, it is usually too late to generate oversized venture-type returns. These issues with the CVC model have created a trend in which companies are increasingly partnering with an outside firm for the venture capital as a service (VCaaS) model. This VCaaS model gives them access to a first-rate transaction flow at all stages of the startup’s lifecycle while generating strategic feedback. The company that provides venture capital as a service can drive the investment strategy while keeping financial and strategic needs in mind. In addition to fostering agility in decision-making, this strategy also provides excellent exposure to internal product teams to external innovation. This broadens the horizons of internal executives in terms of speed and innovation of startups.

A growing need in the business world is to access the innovation of startups in technological hubs such as Silicon Valley. Companies want to know more about new technologies as well as new business models emerging in these hotspots of innovation. For this, companies often think of setting up innovation outposts in Silicon Valley. The venture capital-as-a-service model responds very well to this need by providing a team of seasoned investors who have the breadth and depth of the Silicon Valley network. Another really cool thing about VCaaS is that companies benefit from the wisdom and guidance of the VCaaS team. Dupont and several other companies have adopted this model to find AI startups.

One piece of evidence to support the evolution of the CVC space and the need for a venture capital-as-a-service model is that companies are launching or creating a fully stand-alone CVC – a term that j ‘would invent as SCVC. These SCVCs are often set up with a name unrelated to the parent company to represent a complete sense of disengagement from the latter. Siemens Next47, Schneider Electric’s SE Ventures, Alphabet’s GV and Gradient Ventures and Cisco’s Decibel are recent examples of such independent venture capital firms formed as a result of this trend. All of these venture capital firms are only backed by their respective companies, but do not even have the reference to the company in their name. These venture capital firms have their own management company and staff, capable of making independent governance decisions. But, unlike a typical venture capital firm, these SCVCs can leverage a firm’s resources as needed – its engineering expertise, customers, go-to-market capabilities, etc.

In summary, businesses must adapt to rapidly changing market conditions, consumer demands, and technology trends to remain relevant. The rate of adoption of new products has increased, putting pressure on a company’s speed of innovation. It has been proven that companies often struggle to increase their turnover by focusing solely on internal innovation. Therefore, they adopt various external innovation strategies such as Open Innovation, Corporate Venture Capital, and venture capital as a service. With these strategies, companies can better adopt their start-up counterparts and drive much-needed innovation agility.


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By: Category: Venture capital

20 Aug 2021

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$ 100 Million Venture Capital Round Collapsed For Binance Over Fears CEO Owns Too Much Of Its Independent US Branch, Report Says | Currency News | Financial and business news

Binance CEO Changpeng Zhao.

REUTERS / Darrin Zammit Lupi

  • Binance.US has become a crucial business unit for Binance, functioning as the nominally independent and regulatory abiding arm of the exchange.
  • But questions about its independence plagued a recent fundraiser before the IPO, according to the New York Times.
  • A Binance spokesperson told The Times that another round of fundraising for Binance.US is slated for soon and that IPO plans are still on track.
  • See more stories on the Insider business page.

Binance’s talks with venture capitalists to raise at least $ 100 million collapsed this year after fears CEO Changpeng Zhao might own too much of the U.S. crypto exchange division, New York report says Times.

Initially created to appease suspicious US regulators, Binance.US has become a crucial business unit for Binance, functioning as the nominally independent and pro-regulatory arm of the exchange. As Binance.US grew, Binance hired several former senior regulators, including installing former currency controller Brian Brooks as CEO.

But how independent is Binance.US? The issue plagued a recent fundraiser that included venture capitalists like GreatPoint Ventures, according to the Times.

Brooks has reportedly offered GreatPoint a $ 100 million fundraiser to prelude a possible Binance.US IPO. He reassured potential investors that Binance’s US division is independent from the rest of the company and will fully comply with US regulations. This meant adhering to strict protections against money laundering and know your customer.

But two factors scared GreatPoint off, according to Ray Lane, its managing partner, who spoke to The Times. The first was a DOJ-IRS investigation into possible money laundering and tax evasion violations. And second, Zhao’s stake in the so-called independent company – around 90% of Binance.US.

“How could we feel comfortable that this is an independent company using the same technology? Lane told The Times.

Brooks resigned from Binance.US in August, citing “differences in strategic direction.”

A Binance spokesperson told The Times that another round of fundraising for Binance.US is slated for soon and that IPO plans are still on track.


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By: Category: Venture capital

20 Aug 2021

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Do venture capital firms finance business models that create a “service economy”?

A general partner of a London-based venture capital firm is concerned about continued levels of investment in food delivery and taxi applications.

Manuel Silva Martinez, who is the general partner of Mouro Capital, believes that on-demand grocery delivery is the new wave of “human laziness”, after meal delivery apps and taxi apps.

Corporate-backed grocery businesses have already raised more than $ 10 billion so far in 2021, according to Pitchbook data, eclipsing the $ 7 billion raised by these companies last year. However, it can be argued that these jobs are part of the “service economy”, according to Manuel.

He further comments: “One could indeed argue that VCs finance business models that create a ‘bondage economy’, but this is different from saying that the causes of such bondage are VCs.

“VCs are rational asset managers, and so if servant models emerge, it is because there is a significant demand for them, as recent success stories show. 10 Minute grocery startups are the new wave of “human laziness”, after meal delivery apps, taxi apps and the like. These show how people’s daily activities have been granulated, integrated into an app and served by a new population of workers and other examples can be found in the media and content industry and in e-commerce.

“Venture capital firms have invested hundreds of millions of dollars in these companies over the past few years, with the pace not slowing down in 2021 alone. In fact, AppJobs experts say the odd-job economy is about to jump 300% in three years – and the long-term effects of the Covid pandemic mean it is unlikely to slow down. . “

Manuel says that this working model also creates challenges regarding the quality of work and employment.

He explains: “The ‘service economy’ model – which goes far beyond the odd-job economy – creates undeniable challenges in a wide range of issues, in quality of work and in employment, from job stability and mental health, to environmental issues associated with the consumer. desire for convenience.

“But there is a larger question here: who is to blame for creating an economy where technology allows a ‘ruling class’ of price and convenience-sensitive consumers to command a ‘subclass’ of servants with the swipe of an application or a press for a “like”? The public sector and regulators should probably take some responsibility, as should the companies providing these services, especially in educating consumers about the impact of their purchasing decisions.

“Of course, we cannot ignore that VCs fund many of these companies, with their investment and governance rights attached. As such, VCs must take into account the larger context in which the companies in which they invest thrive, and consider the wider implications alongside the potential profits when investing in these types of companies ”.


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By: Category: Venture capital

16 Aug 2021

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assistTek announces collaboration with technology company Mobile ECG / EKG

DOYLESTOWN, Pennsylvania., August 16, 2021 / PRNewswire / – assistTek, an eSource boutique company known for providing customized solutions to support clinical trial teams for two and a half decades, has collaborated with a California healthcare technology company to integrate ECG / EKG capabilities into its eSource platform for clinical trials.

iMedrix

This latest technological integration extends assisTek’s eCOA offerings by enabling the collection and review of real-time ECG / EKG data on any of its eCOA devices, including tablets and smartphones. It also offers increased security and improved data quality and flow, while reducing the burden on the patient.

Integration is the first of its kind.

“IMedrix’s KardioScreen is an innovative, FDA-approved, cloud-connected mobile ECG / EKG device that simplifies the process of cardiac monitoring in a wide variety of settings,” said Cindy howry, assistTek President. “In the context of a clinical trial, this allows us to allow a complete step in the process. In short, it’s a perfect addition to our growing list of capabilities.

IMedrix Founder and CEO Srikanth (Sree) Jadcherla said the partnership is “an ideal entry for iMedrix into US Pharma’s decentralized clinical trials, and is a continuation of projects iMedrix has led with companies. pharmaceuticals in Asia, Europe, and Africa. “

assistTek has created a video to show how the integration between KardioScreen and the assisTek eCOA platform can serve patients, healthcare providers and clinical researchers: https://youtu.be/eZV4CW2sIcs.

About assisTek

assistTek is an eSource company that provides solutions for electronic data entry in the field and on-site clinical outcome evaluations including Patient Reported Outcomes (PRO), Clinician Reported Outcomes (ClinRO), results reported by observers (ObsRO) and performance results (PerfOs). The company has provided solutions for more than 500 clinical trials while supporting 90 different languages ​​in 80 different countries and has experience in 46 therapeutic areas, including rare and ultra-rare diseases.

About iMedrix

iMedrix provides cutting edge medical technology through KardioScreen, a fully mobile, 12/6 lead, FDA approved electrocardiogram (ECG or EKG). iMedrix provides diagnostic solutions directly to EMR systems, producing clinical-grade ECG waveforms with proven device accuracy in more than 200,000 ECGs worldwide. iMedrix is ​​committed to revolutionizing cardiovascular health care with its artificial intelligence (AI), cloud technology and machine learning (ML) for rapid diagnosis and accurate clinical decisions. www.imedrix.com (1-866-IMEDRIX)

FOR MORE INFORMATION:

Taliur Klein
Vice-President, Commercial Affairs
helpTek
[email protected]
877-776-1046

SOURCE assistTek


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By: Category: Technology company

10 Aug 2021

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Healthcare tech company Medivolve launches initiative to hire more than 30 engineers and software developers

Continued Rapid Growth – Medivolve Creates Jobs for Next Generation SaaS Application Development to Improve Patient Care

TORONTO, August 10, 2021 / PRNewswire / – Medivolve Inc. (“Medivolve“or the”Society“) (NEO: MEDV) (OTC: COPRF) (FRA: 4NC) has announced plans to expand its presence by creating at least 30 new jobs over the next 18 months in its design and engineering fields , information technology, project management and software development teams.

Currently employing 237 people across Canada and United States, this expansion will increase Medivolve’s workforce by more than 13% and help meet the increased demand for digital healthcare transformation, originally fueled by COVID-19.

“Medivolve is committed to unlocking multiple sources of revenue by providing the best telehealth services to our patients,” shares David Preiner, CEO of Medivolve. “Hiring a team of quality engineers and software developers is essential to maintain our rapid growth rate, while developing successful applications and effectively bringing them to market. “

Competition for recruitment in the technology development industry is fierce. “Medivolve is looking at all opportunities to identify and attract new talent. With the recruitment plans in place, we are confident that we will find world-class technical experts, who will fill a variety of hyper-specialized roles, ”said Preiner.

The majority of Medivolve’s job openings will include software engineers and developers for iOS, Android, Java and other platforms, building on the company’s current software foundation aimed at troubleshooting issues. health of millions of people.

“Growing our workforce is an integral part of our overall strategy and also provides transformational employment opportunities to fulfill our mission by not only building a motivated team that is empowered to improve patient outcomes, but also reshape the landscape of healthcare as a whole, ”concludes Preiner.

Passionate about new technologies and improving the U.S. healthcare system, applicants should demonstrate excellent technical skills, strong motivation, and be prepared to take on ambitious challenges. To submit a request, visit the Medivolve website at: www.medivolve.net

About Medivolve, Inc.

Medivolve, Inc. (NEO: MEDV; OTC: COPRF; FRA: 4NC) is a healthcare technology company that seeks to reinvent the U.S. healthcare system by leveraging a bespoke telehealth platform, a clinical diagnostic network and data-driven AI framework to improve patient care.

The company was born out of the health crisis; to rethink, relearn and, ultimately, reinvent a better functioning of the health system. Our network of retail collection sites play an important role in recovery by giving all Americans access to fast, accurate, and inexpensive clinical services when and where they need it. These centers will also play a central role in diagnostic tests, vaccinations and other point-of-care services. We develop disruptive technologies to make it easier and faster to identify, treat and prevent medical problems. In doing so, we strive to give patients a holistic and empowered view of their personal health.

Our long-term mission is to permanently solve systemic problems in the country’s fragmented, overly complex and costly healthcare system. Medivolve’s next phase of growth is to rotate the model and put the pieces together to create a profitable, SaaS-based healthcare technology business. We bring data-driven clinical diagnostics, physician referrals, and prescription drugs directly to people, all powered by a single, streamlined technology network. Our team is united by a powerful and singular goal: to harness the transformative power of technology to create healthier lives.
Backed by a bespoke AI-driven platform, we are developing a stealth system that constantly gets smarter, takes the guesswork out of diagnoses, and immediately reports critical health issues to deliver an unmatched level of personalization for every patient. We are committed to pushing the boundaries of what is possible, not only for our company and our shareholders, but for physicians and patients, and for the future of healthcare. We strive to achieve never-before-seen continuity of care, a game changer for our business and for the patients in the communities we serve.

Caution regarding forward-looking information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, without limitation, statements regarding the hiring and engagement of engineers and software developers; or advancing revenue streams and business models for Medivolve. In general, forward-looking information can be identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “planned”, “Estimates”, “anticipates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or declares that certain actions, events or results ” could ”,“ could ”,“ could ”,“ could ”or“ will be taken ”,“ occur ”or“ be reached ”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, are significantly different from those expressed or implied. by this forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated or planned. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on forward-looking information. The Company does not undertake to update forward-looking information, except in accordance with applicable securities laws.

NEO THE NEO EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.

SOURCE Medivolve Inc.

Related links

www.medivolve.net


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By: Category: Technology company

10 Aug 2021

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Healthcare tech company Medivolve launches initiative to hire more than 30 engineers and software developers

Continued Rapid Growth – Medivolve Creates Jobs for Next Generation SaaS Application Development to Improve Patient Care

TORONTO, August 10, 2021 / CNW / – Medivolve Inc. (“Medivolve“or the”Society“) (NEO: MEDV) (OTC: COPRF) (FRA: 4NC) has announced plans to expand its presence by creating at least 30 new jobs over the next 18 months in its design and engineering fields , information technology, project management and software development teams.

Medivolve, Inc. logo (CNW Group / Medivolve Inc.)

Currently employing 237 people across Canada and United States, this expansion will increase Medivolve’s workforce by more than 13% and help meet the increased demand for digital healthcare transformation, originally fueled by COVID-19.

“Medivolve is committed to unlocking multiple sources of revenue by providing the best telehealth services to our patients,” shares David Preiner, CEO of Medivolve. “Recruiting a team of quality engineers and software developers is essential to maintain our rapid growth rate, while developing successful applications and effectively bringing them to market. “

Competition for recruitment in the technology development industry is fierce. “Medivolve examines all opportunities to identify and attract new talent. With the recruitment plans in place, we are confident that we will find world-class technical experts, who will fill a variety of hyper-specialized roles, ”said Preiner.

The majority of Medivolve’s job openings will include software engineers and developers for iOS, Android, Java and other platforms, building on the company’s current software foundation aimed at problem solving. health of millions of people.

“Growing our workforce is an integral part of our overall strategy and also provides transformational employment opportunities to fulfill our mission by not only building a motivated team that is empowered to improve patient outcomes, but also reshape the landscape of healthcare as a whole, ”concludes Preiner.

Passionate about new technologies and improving the U.S. healthcare system, applicants should demonstrate excellent technical skills, strong motivation, and be prepared to take on ambitious challenges. To submit a request, visit the Medivolve website at: www.medivolve.net

About Medivolve, Inc.

Medivolve, Inc. (NEO: MEDV; OTC: COPRF; FRA: 4NC) is a healthcare technology company that seeks to reinvent the U.S. healthcare system by leveraging a bespoke telehealth platform, a clinical diagnostic network and data-driven AI framework to improve patient care.

The company was born out of the health crisis; to rethink, relearn and, ultimately, reinvent a better functioning of the health system. Our network of retail collection sites play an important role in recovery by giving all Americans access to fast, accurate, and inexpensive clinical services when and where they need it. These centers will also play a central role in diagnostic tests, vaccinations and other point-of-care services. We develop disruptive technologies to make it easier and faster to identify, treat and prevent medical problems. In doing so, we strive to give patients a holistic and empowered view of their personal health.

Our long-term mission is to permanently solve the systemic problems of the country’s fragmented, overly complex and costly healthcare system. Medivolve’s next phase of growth is to rotate the model and put the pieces together to create a profitable, SaaS-based healthcare technology business. We bring data-driven clinical diagnostics, physician referrals, and prescription drugs directly to people, all powered by a single, streamlined technology network. Our team is united by a powerful and singular goal: to harness the transformative power of technology to create healthier lives.
Backed by a bespoke AI-driven platform, we are developing a stealth system that constantly gets smarter, takes the guesswork out of diagnoses, and immediately reports critical health issues to deliver an unmatched level of personalization for every patient. We are committed to pushing the boundaries of what is possible, not only for our company and our shareholders, but for physicians and patients, and for the future of healthcare. We strive to achieve never-before-seen continuity of care, a game changer for our business and for the patients in the communities we serve.

Caution regarding forward-looking information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, without limitation, statements regarding the hiring and engagement of engineers and software developers; or advancing revenue streams and business models for Medivolve. In general, forward-looking information can be identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “planned”, “Estimates”, “anticipates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or declares that certain actions, events or results ” could ”,“ could ”,“ could ”,“ could ”or“ will be taken ”,“ occur ”or“ be reached ”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, are significantly different from those expressed or implied. by this forward-looking information. Although the Company has attempted to identify important factors which could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated or planned. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on forward-looking information. The Company does not undertake to update forward-looking information, except in accordance with applicable securities laws.

NEO THE NEO EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.

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SOURCE Medivolve Inc.

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