Men’s at-home health startup Vault takes in $30 million from Tiger Capital - TechCrunch

Men’s at-home health startup Vault takes in $30 million from Tiger Capital - TechCrunch

Men’s at-home health startup Vault takes in $30 million from Tiger Capital - TechCrunch

Posted: 12 Mar 2020 07:43 AM PDT

Vault, an at-home healthcare practice specializing in men's medicine has announced the raise of $30 million in funding from Tiger Capital Group, Declaration Capital and Redesign Health to reach more potential patients and expand to more areas beyond New York, Florida, Tennessee and Texas, where it currently offers treatments.

Founder and CEO Jason Feldman, who formerly headed Amazon's Prime Video Direct and Global Innovation teams before launching Vault last summer, told TechCrunch his startup aims to bring specialized medicine into men's homes to give them "a better body, better sex and a better brain."

He tells TechCrunch he started the company after noticing how many of his male friends seemed embarrassed about medical conditions or simply didn't know they could do something about it.

Vault operates on the assumption men face certain barriers to going to the doctor for things like hormonal imbalance and erectile dysfunction. The startup tries to remove these barriers by making it easy to book at-home appointments and get a work-up with a nurse practitioner.

"I want to de-stigmatize men's health." Feldman told TechCrunch. "You tell a guy to go see the doctor about his heart health and he likely won't but you tell him you'll bring him a doctor to help his penis and it's a different story."

Like many new concierge medical services that have popped up in the last few years, Vault does not take insurance, instead signing patients up via membership for $133 to $300 per month, depending on the type of service you sign up for. Compare that to Forward, which caters to both men and women and offers unlimited in-office visits and testing for $149/month or Roman, a men's "digital clinic," which offers free online evaluations, $15 doctor's visits and prescription medications for similar services to Vault like erectile dysfunction, hair loss and testosterone support — although Roman requires patients see a physical doctor of their choosing within the last three years before they're able to get prescriptions via digital services.

But Feldman doesn't think his startup is anything like what's out there right now, claiming it as the first national men's healthcare provider. Vault offers specialty packages like testosterone therapy or the "sex kit" for an increased sex drive or stronger erections, something that sometimes diminishes as men age.

So far, Feldman has signed up over 500 medical practitioners to come to various home locations and has hired a chief medical officer to ensure medical standards are being met. He now plans to use the new funding to open up operations in 42 cities across the U.S. and work on spreading the word to all men nationwide that Vault is here for them.

Top Austin news: Bartender charged with overserving; startup to roll out 'surfboard for the land' - Hoodline

Posted: 12 Mar 2020 10:28 AM PDT

Here's what you need to know about what's happening in Austin.

Austin bartender charged with overserving driver accused of crashing into pedestrian, driving with body

The bartender was working at Polvo's Mexican Restaurant.

Read the full story on KVUE.

Surfin' the streets: Austin startup rolling out a new kind of skateboard

Move over, electric scooters.

Read the full story on KVUE.

Austin considering plan to build apartments, hotel and retail space near $1B Apple campus in North Austin

If approved, new apartments, hotel and retail space would be built less than one mile from the new Apple campus.

Read the full story on KVUE.

This story was created automatically using data about news stories on social media from CrowdTangle, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.

NEM Partners with Israeli-Lithuanian Telecom Startup on Cell Phone Security - Cointelegraph

Posted: 11 Mar 2020 04:48 PM PDT

NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping

FIX Network will implement SYMBOL from NEM's enterprise-grade blockchain into its existing cellular infrastructure. The goal is to secure the world's eight billion SIM cards from cybercriminals with new privacy, security, management and safety solutions.

Phone numbers may end up more important than social security numbers

FIX Network's architecture is designed to allow mobile operators to deliver services such as digital identity management, cryptocurrency wallets, and personal data firewalls to mobile subscribers, enabled by the safekeeping of private keys on the subscribers' SIM cards.

The first product will be the FIX ID app, which securely identifies participants through subscriber-owned global phone numbers that serve as unique digital identities. The initial consignment of 10,000 FIX Secure ID SIMs, pre-ordered in June 2019, is expected to ship by the end of April this year.

FIX Network has launched its own global mobile service that provides roaming agreements in 186 countries. 

Nate D'Amico, CTO of NEM Foundation said that, "FIX Network takes established infrastructure — the worldwide cellular network — and uses it to create a better, fairer, and safer way to transact."

Itamar Kunik, the CEO of FIX Network added:

"The enterprise nature of Symbol and the native features inherent in its platform are fundamental to the steady adoption and implementation of the FIX Network solution by the telecommunications industry."


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