Octave

Octave

United States
Octave’s Precision Care Solution is the first-of-its-kind that accurately and objectively measures, and helps manage, complex and high-cost neurodegenerative diseases, starting with multiple sclerosis. Octave developed the first and only multivariate blood test to measure MS disease activity, enhanced MRI analytics and protocols, and a digital clinical program with Octave MS care partners to provide continuity of care. Provider: The solution provides neurologists with a longitudinal and holistic perspective of the patient along with comprehensive and actionable insights, enabling more confident and informed care decisions. Payer: The integrated and multi-dimensional approach allows payers to reduce total cost of care by optimizing healthcare medications and utilization (hospitalizations, ER visits, MRIs, labs). Pharma: Octave enables pharma to optimize the entire lifecycle of drug discovery & development as well as clinical trials and post marketing with real world evidence. Through purposeful problem solving and innovative technologies, Octave’s platform generates, analyzes and combines data to create a new paradigm of MS care, leading to improved patient outcomes.
Founded date
01/11/2014
# of employees
51-100
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
2
Founders
Melinda Thomas, William Hagstrom
Industry group
Biotechnology, Health Care, Science and Engineering

Founding

Top 5 investors
Deerfield, Northpond Ventures, Echo Health Ventures, Section 32, BlueCross BlueShield Venture Partners
# of funding runds
4
Last founding
Total funded
$48.500.000

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