Innovative Ventures Fueling Entrepreneurial Spirit
The University of Tulsa and Hurricane Ventures have joined forces to support two groundbreaking start-ups: Percipio Health and Prelude. These investments exemplify a commitment to innovation and entrepreneurial spirit, showcasing how forward-thinking companies can reshape industries.
Percipio Health: Revolutionizing Population Health
Percipio Health has introduced an artificial intelligence-powered platform that significantly enhances population health monitoring. Utilizing advanced technology, the platform gathers and analyzes critical health data using just a smartphone, making it accessible to wider populations at reduced costs. This innovative approach not only empowers healthcare providers and payers but also focuses on proactive management of high-risk demographics.
Advanced Technology for Better Outcomes
The platform developed by Percipio Health utilizes vision-based AI biomarkers to assess vital signs and medication adherence, along with vocal AI biomarkers specifically designed for brain health evaluations. This comprehensive approach facilitates thorough health monitoring while minimizing the need for traditional medical devices, successfully merging technology with healthcare needs.
Collaborative Research Initiatives
In collaboration with Oxley College of Health & Natural Sciences, Percipio Health is involved in annual research projects that foster innovation and development, leveraging resources from the university to enhance its offerings continuously.
Prelude: Enhancing Preneed Funeral Planning
Prelude, launched from the Tulsa-based venture studio 19days, is redefining the preneed funeral planning process. By connecting funeral homes, consumers, and insurance carriers seamlessly through its user-friendly platform, Prelude aims to simplify planning and payment for families during difficult times. This creativity not only enhances user experience but also aids funeral homes in increasing their revenue through better engagement.
A Thoughtful Approach to Planning
Under the leadership of CEO Kris Yee, Prelude focuses on transforming funeral planning into a meaningful gift for families. This strategy ensures that planning for a loved one is handled with care, tailored to the unique needs of each family, while also helping funeral homes improve their financial performance.
Supporting Local Innovation and Economic Growth
With recent portfolio milestones, Hurricane Ventures has seen its companies surpass $40 million in total capital raised. This remarkable achievement reflects not only the hard work of these entrepreneurs but also the supportive environment nurtured by the University of Tulsa's innovation ecosystem. By leveraging academic resources and industry connections, Hurricane Ventures is set on a path of sustained growth and capital influx.
Frequently Asked Questions
What is Hurricane Ventures?
Hurricane Ventures is a funding initiative launched by the University of Tulsa to invest in early-stage companies with strategic ties to the university.
What does Percipio Health do?
Percipio Health offers an AI-powered platform for monitoring population health, enabling healthcare providers to track vital signs without traditional devices.
How does Prelude improve funeral planning?
Prelude connects families with funeral homes through a streamlined platform, making preneed planning easier and enhancing the consumer experience.
What are the key benefits of the investments made by Hurricane Ventures?
The investments are aimed at fostering innovation, supporting entrepreneurs, and driving economic growth within the local community.
How does Percipio Health collaborate with educational institutions?
Percipio Health works with Oxley College of Health & Natural Sciences on research projects that enhance their technology and community outreach efforts.
