In a groundbreaking partnership, Patientory Inc. has joined forces with the Environmental Social Governance (ESG) Initiative’s Wharton Impact Venture Associates (WIVA) students to revolutionize the healthcare industry through blockchain technology. This capital raise agreement grants the students the opportunity to invest in Patientory, a healthcare blockchain company, at a future date. With a focus on solving the industry’s problems surrounding data accessibility, Patientory is set to transform the way healthcare data is stored, shared, and utilized.
The journey towards this collaboration began when WIVA students, part of an impact investing educational program at Wharton University, identified Patientory as a company with massive potential in the ESG sectors. Through extensive research, the students learned about the fragmented nature of healthcare data, particularly in the U.S. With over 80% of healthcare data being unstructured and not readily available, the quality and efficiency of patient care are adversely affected.
Patientory Inc., established in 2015, aims to address these challenges by leveraging blockchain technology, healthcare AI, and data analytics. The foundation of their platform lies in the secure Consumer Wallet, which enables patients to store, share, and even monetize their health data. By utilizing the immutability and transparency of blockchain, Patientory ensures the safety and privacy of sensitive health information.
Through the Neith Enterprise Dashboard, healthcare stakeholders gain access to shared and de-identified consumer health data from the Patientory blockchain network. This innovative analytics portal provides valuable insights into patient health patterns and trends, empowering healthcare professionals to make informed decisions. Patientory’s AI capabilities also provide personalized recommendations to consumers, improving their health habits and enabling them to find cost-effective medication and clinical trials.
Patientory’s journey to revolutionize healthcare is supported by the backing of WeFunder’s investment community, where they have already raised over $50,000. WeFunder is a platform that allows non-accredited investors to invest in early-stage companies with limited capital, with investments starting from as little as $100. Thanks to this partnership, Patientory can continue its development and secure the necessary funds for expansion.
Wharton Impact Venture Associates is dedicated to educating, mentoring, and providing hands-on training to students interested in impact investing. WIVA students are exposed to sourcing, financing, and investment analysis, which allows them to identify potential early-stage companies with significant social and environmental impact. The program also fosters connections between entrepreneurs and potential investors, facilitating the growth and success of these companies.
With over 45,000 subscribers and revenue exceeding $4 million, Patientory Inc. is already making significant strides in transforming the healthcare landscape. Its blockchain-based platform addresses the pressing concerns of data accessibility, promising a more efficient and effective healthcare system. Through partnerships like the one with WIVA, Patientory is well-positioned for even greater success in the future.
The collaboration between Patientory Inc. and the Wharton Impact Venture Associates students marks a significant milestone in the advancement of healthcare technology. By leveraging blockchain, AI, and data analytics, Patientory aims to improve data accessibility and revolutionize patient care. This partnership not only provides an opportunity for students to invest in a promising company but also contributes to the development of the healthcare industry as a whole. With Patientory leading the way, a future where healthcare data is secure, readily available, and utilized to its full potential seems closer than ever before.