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Catasys Sees Surge In Telehealth Enrollment Due To Pandemic

socalTECH

Santa Monica-based Catasys , a provider of artificial intelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic. The company says it historically sees approximately $6,500 net revenue per enrolled member.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors, or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year.

Startup 418
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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

He came to the United States in 2001 to study Software Engineering at Auburn University. In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side. He started another company on the side while he was working during the day at a technology company.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Hello friends, and welcome back to Week in Review ! The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. Large technology companies are growing at amazing rates and startup funding is at an all-time high.

Marketing 246
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Funraise Creates $600K Fund For Nonprofits

socalTECH

Los Angeles-based Funraise , the Los Angeles startup which develops customer relationship management (CRM) and other technology for nonprofits, says it has created a new, $600,000 fund to provide grants to nonprofits. Application for its first round of grants are due by July 31st. Funraise is led by CEO Justin Wheeler. READ MORE>>.

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