An modern healthcare firm launched on the College of Hawaiʻi at Mānoa acquired a significant enhance from one of many nation’s largest startup traders. Pear Suite, which was established by Shidler College of Business college students, was named to the spring 2022 class of the Techstars Los Angeles accelerator program.
Pear Suite is one in every of 12 corporations within the 13-week program that can obtain mentoring and assets, which embrace a $20,000 funding from Techstars L.A., in alternate for a 6% fairness stake within the firm. Techstars L.A. emphasised know-how in healthcare for this cohort.
In keeping with co-founder and CEO Colby Takeda, Pear Suite is a software-as-a-service firm that appears to higher tackle the social drivers of well being for older adults, which embrace growing entry to healthcare by way of transportation choices, growing the supply of wholesome meals, getting them linked to know-how for telehealth, constructing robust social connections to cut back isolation, and supporting a wholesome and protected dwelling atmosphere.
“These are the entire issues that we all know actually drive wholesome outcomes however aren’t being addressed by the present healthcare system in a complete manner. We now have a platform that allows organizations to try this simply and preserve monitor of their members,” Takeda stated.
Thus far, Takeda stated his workforce has labored with 13 healthcare organizations in Hawaiʻi, touching greater than 10,000 lives. Now, the objective is to go nationwide.
“We’d like to search out organizations and firms within the continental U.S. to do pilots and produce on as clients,” Takeda stated. “…For instance, we’d like to work with value-based care suppliers and well being plans to display how digital care navigators can improve entry to telehealth, preserve members bodily lively, enhance annual screenings and vaccinations, and drive different wholesome outcomes for older adults.”
Takeda stated additionally they hope to search out “mentors that may assist join us to the precise individuals that may develop the enterprise on a number of ranges.”
Pear Suite’s beginnings at UH
Takeda and co-founder Justin Puckett, each graduates of UH Mānoa grasp’s of enterprise administration program, examined the thought of Pear Suite by way of totally different packages, such because the Summer Startup Launchpad and Liftoff Advisors, hosted by the Pacific Asian Center for Entrepreneurship (PACE) within the Shidler School.
“We have been in a position to work with Peter Rowan and Sandra Fujiyama to establish market alternatives and desires, and do correct buyer discovery. We talked to a lot of native healthcare leaders to refine the mannequin. We rolled out some pilots and began working with our first buyer to see the place we would have product-market match,” Takeda stated. “The workforce at PACE has been so super and useful in making connections for us, getting us some funding, asking us robust questions to enhance our resolution and serving to us safe new contracts.”
Takeda additionally stated that Pear Suite has employed 5 graduates from the UH System to be part of their workforce, together with alumni from UH Mānoa’s public health program and an engineer from UH Maui College. As well as, Takeda has taught within the Kapiʻolani Community College Community Health Worker program, which he stated is an modern program that’s coaching healthcare employees to handle social drivers of well being.
“It’s nice that UH has such a broad attain and to have the ability to associate with totally different departments—each researchers and practitioners—and construct a platform that enables us to make use of the ability set of various people for one shared imaginative and prescient is unimaginable,” Takeda stated.
Pear Suite’s work at UH is an instance of UH Mānoa’s targets of Enhancing Student Success (PDF) and Excellence in Research: Advancing the Research and Creative Work Enterprise (PDF), two of 4 targets recognized within the 2015–25 Strategic Plan (PDF), up to date in December 2020.
—By Marc Arakaki