Mindstrong Health just announced that they were funded $14 million by Foresite Capital, ARCH Venture Partners, Optum Ventures and One Mind Brain Health Impact Fund. They will use this money to advance their AI based and innovative platform. The platform will be used to detect average smartphone usage and compare that with the tracking and detection of the recordings of a person’s cognitive function. This technology is innovative and will create a huge advancement in the medical field. It will also be life changing for those who suffer from mental disorders. These disorders will diagnose in a new, easier way.
These diagnoses will also be more accurate because it will remove the subjective manner in which mental disorders are currently being identified. Mindstrong seeks to avoid the human error in current clinical settings and presents an option that will completely change the way that mental health is understood and treated. They hope to one day be able to diagnose mental disorder in the same way that physical ailments are. It will be as simple and as accurate as checking blood pressure. The readings will also be more accurate and natural since the data will be recorded during an average day while the smartphone is being used. The information will no longer be affected by clinical environments and human error.
One of the companies that is backing Mindstrong is Foresite Capital because they believe this is going to be huge for the health industry. Jim Tananbaum, CEO and Managing Director, believes Mindstrong to be a asset in both the investment and medical worlds. Jim was recently added to the 2017 Forbes Midas List, which is a collection of the top investors. See, https://inc42.com/buzz/forbes-midas-top-100-investors-2017/.
Jim Tananbaum has vast expertise in both the healthcare and investment industries, and his experienced is built on a foundation of extensive and impressive schooling. He has spent his time founding and developing a wide variety of healthcare franchises in healthcare that are all beneficial to the economy. He predicts that Mindstrong is going to be a huge help to patients and also that will save the healthcare industry a lot of money.
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Todd Lubar is the president of TDL Global Ventures, LLC. He is also the senior vice president for Legendary Investments. He started working in the real estate industry in 1995. From the beginning, Todd knew that he would have a long career in the industry due to his desire to assist others and his love for business. Initially, Lubar worked as a loan originator for the successful Crestar Mortgage Corporation. He quickly became accustomed to the conservative mortgage-banking model. Todd gained immense knowledge and experience by virtue of working for Crestar Mortgage Corporation. He developed strong relationships with many professionals, including insurance agents, financial planners, real estate agents, and CPA’s. Presently, these experts make up a valuable source of referrals to his business.
In 1999, Todd Lubar acquired an equity position at Legacy Financial Group. This job afforded him with the opportunity to enhance his lending capabilities. Todd was able to broker loans to external investors. In addition, he started to operate as a direct mortgage bank. In 2002, Todd established Legendary Properties, LLC. His real estate company made quick progress in the competitive industry. The entity managed to buy, rehabilitate, sale and profit from more than 200 transactions. The projects under consideration included single-family units and multi-family apartments. Todd managed to create cordial relationships with professionals who were in a position to finish projects on time. To this end, he maintained close working relationships with different institutions such as banks that provided him with credit.
With a continued commitment to play his part in the mortgage banking industry, Todd started Charter Funding in 2003. This corporation was a subsidiary of the revered privately held mortgage firms in the United States, First Magnus Financial Corporation. This relationship made it easy for Lubar to grow his operations because of his access to multiple products and programs. He also founded Legendary Financial LLC, a commercial lending company. The firm gave out loans to other organizations and individuals. To date, Todd has been involved in more than 7,000 transactions. By virtue of this feat, he is able to examine the risks of any loan. To this end, he can make correct predictions based on the prevailing market conditions.
To seek Todd’s advice, visit http://www.toddlubar.com/contact/.
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