A Seattle-area startup referred to as Truveta made its existence recognized for the primary time on Thursday, describing an ambitious vision to make use of information to avoid wasting lives by way of new improvements in affected person care and therapies.
The corporate’s CEO is Terry Myerson, a former Microsoft govt who led the corporate’s Home windows and Gadgets Group earlier than departing in 2018 after a 21-year profession on the tech large.
Truveta has already employed practically 20 individuals, together with some of Myerson’s former colleagues from the Redmond firm, and it has enough open positions to double the size of the team.
The corporate joins a rising variety of startups and tech giants in search of to make use of information to rework well being care. It additionally follows a development of tech trade veterans in search of to use their technical experience to large issues in well being, usually studying that the challenges are even greater than they imagined.
“As the COVID-19 pandemic continues to impact our world, loved ones, and daily lives, the opportunity to apply data in the development of breakthrough health solutions has never been clearer,” Myerson wrote in a post introducing the company on Thursday morning. “We will pursue this vision in close collaboration with health systems, life science researchers, physicians, and others in the health community.”
He promised a robust concentrate on privateness: “We know health data is unlike other data. It is the very definition of personal. While we embark on our pursuit to generate knowledge and insights to improve diagnoses and treatments, we know we must do so with the utmost caution to protect the privacy of the people we ultimately seek to serve: patients.”
The corporate declined to enter element about its plans, origins, possession, or funding, however public information supply some hints about its collaborations.
A trademark filing hyperlinks the startup’s title to Providence Health & Services, the massive well being care system based mostly in Washington state, which has been spinning out a sequence of well being care startups lately. Windfall additionally runs a $300 million venture capital fund that invests in early-to-mid-stage healthcare corporations.
Wasif Rasheed, the Windfall senior vice chairman and head of company improvement, is listed as one of many governing members of Truveta in Washington state companies information. Truveta’s deal with in its state filings is similar as Windfall’s workplace in Renton, Wash.
Responding to an inquiry from GeekWire, a Windfall spokesperson acknowledged that the well being system is working with Truveta, with out offering specifics on their relationship.
“At Providence, we are focused on accelerating transformation across health care, driving quality, affordability and a better experience for health care organizations, providers and patients,” the spokesperson stated through electronic mail. “Truveta’s vision is to contribute meaningfully to breakthroughs in research, treatments, and therapies. We are in the early stages of collaborating and will share more information in the near future.”
Others listed as governing members of Truveta embrace Dr. Bobbie Byrne, chief info officer at AdvocateAuroraHealth, based mostly in Illinois and Wisconsin; Marcus Shipley, senior vice chairman and chief information officer at Trinity Health of Michigan; and Lisa Foo of Tenet Healthcare of Texas.
“We are grateful for collaboration and feedback from a variety of health systems,” stated Lisa Gurry, the Truveta chief advertising and marketing officer, in an electronic mail response to questions, with out confirming any of the connections indicated by the general public information. “We are in the early stages of collaborating and will share any notable updates in the coming months.”
Seattle-area well being entrepreneur Peter Neupert, the previous drugstore.com CEO and former Microsoft well being care expertise chief, can be listed within the filings. Truveta “is fortunate to have Peter Neupert as an advisor,” Gurry stated.
Gurry labored at Microsoft in a wide range of advertising and marketing, communications and strategic management roles for greater than 23 years. Truveta’s chief product officer, Dr. Ranjani Ramamurthy; and chief technical officer, Jay Nanduri, are additionally Microsoft veterans.
The corporate’s chief enterprise officer, Dr. Ryan Ahern, is an attending doctor at NewYork-Presbyterian Hospital; and its chief individuals officer, Deb Nielsen, was beforehand VP of worker expertise at Seattle-area on-line market OfferUp.
Myerson left Microsoft in March 2018, and later that 12 months took on dual roles in the world of venture capital and investing, becoming a member of Madrona Venture Group as a enterprise companion and The Carlyle Group as an working govt. He’s anticipated to proceed in his function at Carlyle, whereas shifting to the function of strategic director at Madrona, and dealing full-time in his job as CEO of Truveta.
In his publish Thursday, Myerson wrote that “an authentic passion for helping save lives and advance humanity” is a standard trait among the many Truveta workforce.
“Having lost my father to cancer at a young age, I learned early on the tragedy of loss,” he wrote. “I am grateful at this point in my career to focus my efforts on my passion to help patients and their families.”