Digital Medical Technologies

Prescription adherence devices & services. Our RememBottle, using patented tech, reminds patients when they forget to take their medication.

  • Stage Product In Development
  • Industry Healthcare Services
  • Location Philadelphia, PA, USA
  • Currency USD
  • Founded May 2011
  • Employees 3

Company Summary

The RememBottle accurately measures the amount of pills remaining inside and communicates with patients and healthcare providers to significantly improve medical adherence. As forgetfulness is the number one driver of non-adherence, simple and accurate reminders at the right time have been shown to increase adherence from 50% to 86%, resulting in potentially hundreds of billions of additional sales and reduced medical costs.

Team

  • Austin Neudecker
    Co-founder, Product & Sales

    - Wharton second-year MBA Student
    - MIT undergrad in EE/CS & Management
    - Founded PressAudio - a personalized audio-news service
    - Management Consulting - Project Manager at Mars & Co.
    - Co-President of the Wharton Entrepreneurship Club
    - Winner of the International Venture Capital Investment Competition
    - Associate at Genacast Ventures (VC firm)

  • Josh Stein
    Co-founder, Finance, IP & Partnerships

    - Wharton second-year MBA student
    - Washington University in St. Louis undergrad in Economics & Finance
    - Founded and sold a company - Coffee News of NYC
    - Experience at successful funded companies - Lot 18, PlaceVine, FreshDirect
    - Recipient of the Wharton 2011 Entrepreneurial Intern Fellowship

  • Grant Mitchell
    Head of Strategic Partnerships

    - UPenn Medical School, 4th year
    - NYU undergrad in Economics
    - President - Penn Med Student Government
    - Co-President - Penn Med Biotech Group
    - Creator of Healthcare Outcomes and Delivery Certificate program at Penn

  • Austin Neudecker

Advisors

  • Steve Goodman, Morgan Lewis
    Lawyer
    Unconfirmed
    Karen, Tax Angel
    Accountant
    Unconfirmed

Previous Investors

  • Weiss Tech House
    Unconfirmed
    Wharton Innovation Fund
    Unconfirmed

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