Month: January 2019

Cloudbreak Health recognized for innovation in the Global Digital Health 100 Awards

Posted on January 31, 2019 by - Client News

The Journal of mHealth today named Cloudbreak Health, LLC (“Cloudbreak”), a leading unified telemedicine solutions provider, one of the top 100 Global Digital Health companies of 2018 for its innovations in healthcare technology. The Global Digital Health 100 is one of the HealthTech industry’s foremost technology award programs, celebrating innovation and entrepreneurship. The list recognizes and supports health technology companies that are demonstrating the greatest potential to change the way that healthcare is delivered.

“At Cloudbreak, simplifying and humanizing healthcare is our core mission,” said Jamey Edwards, co-founder and CEO of Cloudbreak Health. “We deliver on that mission through putting solutions in the field that address major healthcare disparities by building trust between patients and providers.”

View the full list here.

The Tangent Agency’s Marc Becker on big brands and advertising politics

Posted on January 31, 2019 by - Client News

While brands have been increasingly flirted with political and social issues in their advertising campaigns in recent years, they’re taking a step back — at least for Super Bowl Sunday.

“While I’m all for standing for what you believe in, brands also run the risk of alienating a large percentage of their target audience,” The Tangent Agency’s CEO Marc Becker told Business Insider. “Even if they have research showing a portion of their target consumer agrees with their political views, not everyone wants to flaunt their politics.”

Plus, at $5 million for a 30-second ad, big game spots are expensive and should typically be used to kick off longer-term campaigns for brands, he said. Taking the risk with a one-time political statement may not be worth it.

Read the full article: Big brands such as Budweiser and Gillette are getting increasingly political with their advertising. Just not at the Super Bowl. (Business Insider)

REX completes $45 million series C financing to expand markets and services

Posted on January 22, 2019 by - Client News

REX, the most effective and least expensive way to buy and sell a home, announced today it had secured Series C funding of $45 million.

REX is the first licensed residential real estate brokerage to successfully circumvent the outmoded MLS real estate agent model through its use of AI and big data. The Series C proceeds will be used to accelerate REX’s national expansion and add to its service offerings.

REX offers a fixed two percent commission covering both sides of the transaction and a professional team handling everything from listing to close, including escrow, titling, mortgages and insurance shopping. REX reduces the complexity and stress of home buying and selling while saving consumers an average of 60 percent on what they would pay a traditional agent.

“REX is delivering a residential real estate solution in step with how consumers actually behave and what they actually want,” said REX investor Scott McNealy, co-founder and former CEO of Sun Microsystems. “REX has expanded rapidly and has been managing its business with incredible focus, and we’re delighted by the way home buyers and sellers across the U.S. are responding.”

See coverage below:

Resi brokerage that wants to kill the broker raises $45M in Series C (The Real Deal)
Online Real Estate Brokerage REX Raises $45M Series C (Crunchbase)

Olmstead Williams Communications posts banner year

Posted on January 8, 2019 by - OWC News

Olmstead Williams Communications closes 2018 with 35 percent growth in revenue.

“Our growth correlates directly to our clients’ success, and we’re proud to play a role in driving clients’ revenue, building their brand and engaging employees,” said Tracy Williams, CEO and founder of Olmstead Williams Communications. “As we look to 2019, we see tremendous opportunities in our key market sectors of technology, healthcare and financial services despite a challenging geopolitical climate.”

Top client highlights include:

  • TaskUs, the world’s leading customer experience and business process outsourcing firm for rapidly growing companies, earned six industry awards for excellence in company culture and employee happiness. Most notable is the company’s debut on Glassdoor’s Best Places to Work list. The company also attracted a $250 million investment from Blackstone, announced a global expansion into two new countries and the creation of 2,000 new jobs.
  • CrowdOut Capital, a pioneering non-bank private lender for middle market companies, saw dramatic growth in its assets under management (AUM), increasing 8x in 2018 to reach $165 million.
  • CURE Pharmaceutical, an innovative drug delivery and development company, became the first and only pharma drug delivery company to have a DEA license for schedule 1 manufacturing to further the research and development of cannabinoid-based pharma products. The company achieved tremendous revenue growth and is preparing for an IPO in early 2019.
  • Geneva Health Solutions, created better outcomes for patients with implanted cardiac devices by providing doctors with timely and critical information from implant data. The company tripled its client base and workforce and quadrupled the number of devices being monitored through its service and grew its revenue tenfold.
  • Cloudbreak Health, a leader in telemedicine solutions, earned top recognitions including Entrepreneur Magazine’s 2018 E360, Becker’s Top Telehealth Companies to Know, Medical Marketing & Media’s Top 40 Healthcare Transformers of 2018, the 2018 MedTech Breakthrough Award for Best Videoconferencing Solution and one of Insights Success Magazine’s Most Recommended Language Service Providers of 2018.
  • CompoSecure, L.L.C. became the leader in the manufacture and design of bespoke payment cards shipping more than one million of its dual interface premium financial cards for the contactless market.
  • Saban Community Clinic, a federally-qualified health center that supports more than 114,000 visits from low-income and uninsured patients, saw record patient enrollments this year resulting from events including a one-day Back-to-School vaccine clinic where enrollment spiked 40 percent.

Murano survey highlights allocators’ biggest worry for 2019

Posted on January 5, 2019 by - Client News

As 2019 unfolds, investors at pension funds, endowments and other institutions will be anxiously monitoring numerous cracks in global markets. But it’s the uncertainty around U.S. economic and trade policies makes investors sweat most of all, according to survey results released Thursday morning.
Forty-four out of 100 allocators said their biggest fear for 2019 is the effect of geopolitical issues on financial markets, which experienced significant volatility last year. According to the poll by institutional services firm Murano Connect, big global investors are primarily focused on U.S. instability and Washington, D.C., dysfunction. More than one-quarter are jittery about policies in the U.S. Their most-cited challenge is the ongoing global trade battle between the U.S. and China.
Read the full article: Allocators’ Biggest Worry for 2019 (Institutional Investor)