Tech Funding Recap for Feb. 15, 2021

Technology has changed our world for the better. It has made life more convenient and introduced time and money saving methods that make businesses run more efficiently.

In the past year, there have been several tech companies that have been redoubling their efforts to continue presenting innovative products and ideas. Here are three companies expected to shine in 2021

Shotcall

Shotcall is a company that is introducing a new way of gaming. Their technology allows people to create communities around games like League of Legends, Fortnite, Call of Duty, Warzone, and more.

Company founders felt fan communities should evolve beyond live streaming platforms that simply allow fans to watch their favorite players and communicate through message boards and online media.

Instead, Shotcall introduced a marketplace/platform hybrid where fans can play games with their favorite gamers. It is for gamers who have a fan base and it also works for content creators, streamers, pro gamers, celebrity artists, and athletes looking to connect with their fans through gaming.

Shotcall has recently raised $2.2 million in seed funding to build their platform.

Human API

Human API is a San Mateo, CA based company that is developing an AI pipeline to structure health data into a standardized format. The new tech is an answer to the 21st Century Cures Act that was signed into law in December of 2016.

The legislation requires that patients be provided access to their health information. However, experts estimate that as many as half of the records are mismatched when the data is transferred between systems.

Human API’s platform provides a means of accessing and sharing records between physicians, startups, and insurers and normalizes and structures the data as it comes in. It uses an industry standard coding system to convert unstructured data into a consistent format that is more accurate.

The company recently raised over $20 million which will be used to support product design, clinical research, population health management, chronic disease management, patient monitoring, and risk stratification.

Exer Labs

Exer Labs is a Denver based tech company that recently unveiled its Exer Studio App for Mac. The app uses your laptop’s computer to capture movement, evaluate form and offer coaching advice. Results can be shared with friends and fitness coaches. It also features a Peloton Style leaderboard that encourages you to up your fitness game.

The app relies on your smartphone and computer AI to power its platform. It offers real time audio and visual feedback on any type of human motion. Its overall mission is to help people train and perform better.

The platform can also be used by coaches conducting virtual classes. It gives them a better idea of which of the participants need help with their training.

Exer Labs recently raised $2 million dollars in funding towards releasing the app.

Tech is moving forward in leaps and bounds. These are just a few of the noteworthy companies advancing in the coming year. It is amazing to see what they are doing to make the world move faster and better.