Techstars Physical Health Fort Worth Announces 11 Companies in Its 2024 Accelerator

Eleven companies—including two from North Texas—have been selected for the 2024 Techstars Physical Health Fort Worth Accelerator, Techstars Physical Health Fort Worth announced.

The companies were chosen from thousands of startups worldwide, representing “the best and brightest” in physical health innovation. This year’s class marks the program’s third year.

Program Manager Jordan Warnemont said her team “has worked so hard not only planning the best accelerator program possible in partnership with our world-class mentors and corporate partners, but traveling to nine different cities to source the most innovative healthcare startups in the world.”

“Getting to come alongside these life-changing founders is truly an honor and is my driving force behind my passion for serving early-stage startups in an operations role,” Warnemont added in a statement.

Additionally, the Techstars Physical Health team said it will be adding two Entrepreneurs in Residence to help with the program this year.

“Gabriela Sabate and Patrick Colletti, who are both entrepreneurs, investors, and subject matter experts with decades of experience in healthcare, will be a key part of our program to help our founders fully leverage our 13-week program to allow them to be prepared to grow and create scalable, sustainable businesses for the long run,” Managing Director Trey Bowles said.

Alongside nearly 250 mentors in the program, Bowles says, Sabate and Coletti will “provide a great environment with support, connections, counsel, and accountability,” tailored to help this year’s founders succeed.

The organization’s selection process focused on identifying startups that are not only innovative but also aligned with the evolving needs of the healthcare landscape. Techstars said the selected companies will benefit from the strong network it has built, including key relationships with leading health providers, health systems, hospitals, and insurance companies across North Texas.

Techstars said it will continue its partnerships with the University of North Texas Health Science Center, the city of Fort Worth, Tarrant County, and Goff Capital.

A bird’s-eye view of the crowd at the accelerator’s kickoff event at Create FW. [Photo: Gregory Cortez – OHHHWAVY]

Techstars accelerator members

The North Texas-based participants selected for the accelerator are Nerveli, based in Dallas, and Southlake-based Gale Payments.

Leon Jacobson [Photo: UT Dallas]

Nerveli provides users with a mobile-based empathetic and interactive pain recovery assistant that combines proven medical science, gamified Cognitive Behavioral Therapy, and machine learning. The company was co-founded by CEO Leon Jacobson, a serial entrepreneur who hails from the Institute for Innovation and Entrepreneurship at UT Dallas. Its leadership team includes Chief Medical Officer Dr. Amol Patwardhan, CTO Ayesha Waseem, and senior advisor Dr. Ted Price, director of the Center of Advanced Pain Studies at UT Dallas, according to the company website.

Gale Payments offers a platform for online stores that sell health and wellness products. Per LinkedIn, Gale Payments is led by Tom Griffiths, a 2x founder and former head of growth at two exited startups, and Qadeer Khan, PM and engineer at Moniepoint and Fasset.

The other 2024 Techstars Physical Health Fort Worth Accelerator participants include, per Techstars:

Athlete, a UK-based company that offers life insurance that helps you to live longer.
Electrokare, based in Chicago, is creating an electrolyte tracking app that leverages any existing hardware with an ECG to quantify electrolyte levels and providing actionable insights on exactly what to do to be at optimal performance and avoid healthcare complications.
FluteSpace is based in San Francisco and improves access to healthcare by increasing physicians’ productivity.
Gisens Biotech is a Berkeley, California-based company that uses nanotechnology to power the future of personalized medicine.
Peeq Industries is an Omaha, Nebraska-based company using patented technologies, uniquely designed products, and readily available ones; Peeq has built strong compliance protocols for doctors and patients that ensure healthy, clean eyelids. This is the first step in fighting dry eye disease.
Proton Health is based in London and builds infrastructure to automate dermatology care.
Revella Health, which is based in Birmingham, Alabama, has the ARIA platform which uses AI to analyze patient-provider conversations in real-time, automating documentation, optimizing risk adjustment, and providing actionable insights to improve care delivery and outcomes for complex patients in Medicare Advantage and FQHC settings.
ReviMo, based in Boston, creates robotic mobility devices to help people with disabilities be more independent and reduce the burden on caregivers.
Syndicate Bio, headquartered in Delaware, is accelerating precision medicine, drug discovery, and development by including clinical and genomic datasets from the world’s most diverse regions.

Techstars kicked off its 2024 accelerator cohort with a packed house at Create FW earlier this week, where Bowles told the entrepreneurs and community stakeholders that the 11 startups selected were chosen out of 3,000 applicants.

Daniel Yeboah of Revella Health at the kickoff party. [Photo: Gregory Cortez – OHHHWAVY]

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