fbpx
Connect with us

Health + Fitness

Meet Kilo Health: The Startup Helping Entrepreneurs Disrupt the Digital Health Space

Published

on

A new year has started and with it, billions of people around the world are paying special attention to their health as part of their new year resolutions. Unfortunately, the 3 most commonly failed new year resolutions are all related to health: losing weight, eating healthier, and exercising more. The good news is that digital health might just be the solution to this problem.

Now expected to reach $170.20 billion by the end of the year, digital health is changing how people think about health, interact with their providers, and take care of themselves. With a wide range of applications ranging from telemedicine to blood home test kits, the number of startups joining the space is increasing at a rapid rate. 

Despite a slow year resulting from major economic struggles across multiple industries, digital health startups had raised $12.6 billion by the third quarter of 2022, almost as much as that of the whole of 2020. On the other hand, the total of raised capital back in 2021 was $29.1 billion, the highest of the past 10 years.

One of the major winners in the digital health industry has been Kilo Health. The Lithuanian company has not only reached over 4 million customers worldwide but also expanded its catalog of startups it has co-founded and funded to more than 30. The company has done this through its Kilo Health Ventures and Kilo Co-Found arms, which seek to make it easier for entrepreneurs to innovate in the digital health space.

Kilo Health Ventures aims to help new founders find funding opportunities while also receiving research, marketing, and innovation support. In a world where most entrepreneurs lack scaling and strategizing experience, in addition to resources, this approach is not only more effective but also friendlier than that of traditional venture capital.

Kilo Co-Found, on the other hand, is aimed at entrepreneurs with a proven track record looking to partner with Kilo Health to launch their latest endeavor. In this case, entrepreneurs can go to the company with a new idea they want to work on or offer their experience to become a co-founder of one of Kilo Health’s upcoming products. Kilo Health CEO and co-founder Tadas Burgaila said back in December in this regard:

“It is incredible to see how many people would like to take a new challenge in their career and become co-founders. When we first announced this job opportunity on Linkedin, we received 1000+ applications in 3 weeks from all around the world. We are now wrapping up with a few finalists and hope to have a few co-founders in Vilnius, Berlin, Stockholm, and Amsterdam”,

So far, Kilo Health’s portfolio includes startups like Pulsetto (Non-invasive vagus nerve stimulation), Revolab (remote blood testing and tracking), Sensa (mental health app assistant), Klinio (pre-diabetes and diabetes management), Greatness (daily routine tracking), PipelinePharma (B2B platform connecting pharma manufacturers and sellers), and many more.

Whether an entrepreneur is looking for help to grow and scale their business or bring into reality a whole new concept, Kilo Health has tried to accommodate both needs. This, in turn, has also allowed the company to be recognized as the second-fastest growing company in Europe by the Financial Times and the #1 Lithuanian company in the technology sector by Verslo žinios.

With digital health becoming more popular and relevant than ever as venture funding continues to rise, groups like Kilo Health are only likely to become more necessary.  After all, as Burgaila says: “There are so many talented people out there who do not have a great business idea or they do not have enough time or funds to test the idea.” Well, programs like these are sure to help.

As an organization, we exist to empower the new generation of thought leaders, developers, creators, digital marketers and entrepreneurs, to learn new skills, grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. Our global campuses and pop-up workshops will help to eradicate poverty. We are part of a global movement to increase diversity in tech and grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is WiFi and a dream.

Become A Crypto Expert

Categories

Recent Stories

Trending


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.