Try our new website

WSGR
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm's broad range of services and practice areas are focused on addressing the principal challenges faced by the management, boards of directors, shareholders, and in-house counsel of our clients.

.CO
.CO is the web address where the world’s innovators, entrepreneurs, businesses and brands come together to build and grow their ideas and organizations online.

CodigoDelSur
CodigoDelSur is a designer and developer of digital products. Having worked with Founder Institute startups in the past, they come as a highly recommended Founder Institute referral. They are composed of highly skilled software, web, and mobile app developers, who are excited to incorporate the latest technologies into the applications they develop.

Xero
Xero is everything you need to run your business financials. Work with a beautiful small business accounting software complete with accounting, invoicing, payroll, inventory and more. Xero seamlessly integrates with over 500+ business apps, including CRM, point-of-sale, time tracking, ecommerce, just to name a few. Join the 700,000+ businesses using Xero in more than 180 countries.

Vet-Tech
Vet-Tech is America's Veteran-led Startup Accelerator headquartered in Silicon Valley. With over 100 military veteran startups in our community, Vet-Tech's top 20 portfolio companies have raised over $10 Million in funding and have been accepted into world class programs like Tech Stars and Founder Institute.

Startup Weekend

 

Through the Startup Weekend Fellowship, members of the Startup Weekend Community who want to start a technology company can apply to the Silicon Valley Founder Institute chapter for free, and the best overall applicant will be invited to participate in the Founder Institute's step-by-step startup launch program for free as well.



Eligibility: In order to be eligible for the Startup Weekend Fellowship for the upcoming semester, you must complete your application and admissions test by Sunday, December 11th, 2016, using this link.


Grant: The recipient of the Startup Weekend Fellowship will be awarded within 5 days after the deadline.


Click here to apply for the Startup Weekend Fellowship.


Singapore Startup Vault Dragon Raises $1.16M Before Series A

Posted by Joe Garza on 2017-03-09

Vault Dragon, a Singapore digital health data startup has raised over 2 million dollars before their Series A funding round began. The company raised 1.16 million dollars in their last fund-raising effort led by Golden Equator Capital and Raging Bull. 

Founder Ching-Tse Tseng, a Graduate of the Singapore Founder Institute, looks to help healthcare services and providers by assisting them in the digitizing of their hard copy medical records and integrating the data with electronic medical record (EMR) software. 

"We backed Vault Dragon because it has so thoroughly addressed the complications that come with adopting digital systems in a clever way that means little or no change to the established workflow in clinics. Ching and his team stood out because they have clear vision on two complementary scales,” said Raging Bull Founder and Chairman Ivan Lee.

Other groups that have invested in Vault Dragon include Jungle Ventures, Golden Gate Ventures, 500 Startups, and JFDI. Vault Dragon has currently raised a total of 2.13 million dollars. 

The end-to-end EMR solution Vault Dragon also seeks to assist medical facilities comply with the regulations of the Singapore government that requires health care providers to keep physical copies of all medical records for at least six years. Records processed through Vault Dragon have been deemed satisfactory by the Singapore Evidence Act which means all documents scanned by the service are thought to be accurate, reliable, and most of all authentic. This is an important distinction to have because it means that any medical records scanned by Vault Dragon are admissible in the Singapore court of law, which means more medical centers and service providers are going to use the service knowing it is fully compliant with all Singapore Law. 

However, Vault Dragon offers medical centers and service providers more than just a document scanning service. They also offer a practice management software that help medical providers manage their day-to-day processes. This service is combined with a tablet system that allows providers to create and annotate and manage digital medical records. 

Vault Dragon doesn't plan on staying still even while they find a lot of success and interest in their product and service in Singapore. The company is looking to use new funding efforts to expand their product around the region and develop their product. The company has already begun setting up an innovation centre for further product development and a data capturing center in Vietnam. 

Vault Dragon looks to raise another million dollars over the course of 2017 and they plan on being the largest private electronic health data repository in Southeast Asia by the year 2020. The company has very big plans, but big ideas and big plans are necessary for success. There is a large market for their service. The world we live in is becoming increasingly digitized, yet there are a lot of medical records, not only in Southeast Asia but in the entire world, that have yet to be digitized and merged into an EMR service. 

In 2013 Vault Dragon was just a valet storage company and have since expanded to their present size as a digital storage and software solutions company for healthcare industry in Southeast Asia. Now the company is trusted by more than 60 different healthcare institutions in Singapore, and most of them use the Vault Dragon service to manage their operational and administrative tasks. They have already digitized over 700,000 different medical records and aim to reach 2,000,000 by the end of 2017. 

Vault Dragon has been growing steadily since they were founded in 2013, and a lot of investors have taken notice and contributed funding to their efforts. The future is bright for the Vault Dragon team.

Click here for more information on Vault Dragon.

Singapore Startup Vault Dragon Raises $1.16M Before Series A

* indicates required
X

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window