Techstars Healthcare Accelerator at Cedars-Sinai announced its first class of companies on Monday.
The three-month program, which started last week, provides mentorship from the professional networks at Cedars and Techstars of Boulder, Colo., as well as $120,000, in exchange for an equity stake of 6 percent to 10 percent.
Seven of the 11 companies accepted into the accelerator’s debut class are Los Angeles businesses. Among them are virtual reality treatment company Applied VR of Century City; health care data analytics company Deep 6 Analytics of Pasadena; mindfulness-based stress reduction company Ella of Beverly Hills; HomeHero, a Santa Monica in-home care provider for the elderly; medical credential management company Silversheet of Culver City; patient monitoring software company Stasis Labs of Culver City; and ZendyHealth, a downtown L.A. medical procedure marketplace.
Participating companies will graduate the accelerator program and demonstrate their products publicly on June 23.