Brazil’s HealthTech App MedPass Gains Strong Investor Backing

$8M Seed Funding, $6M Additional Capital Secured; Unveils Enhanced Quality of Life Platform

With strong growth projected for the global HealthTech apps market, Brazilian created MedPass is firmly on the leading edge of this wave as it gains significant traction with investors and clients alike.

MedPass – which currently targets corporate employees – today unveiled a substantially enhanced version of its HealthTech platform, 4.0, as it reports additional strong investor backing: After earlier securing $8 million in seed funding since 2016, it now has commitments from investors for another funding round of $6 million to finance the company’s continuing growth.

In Brazil’s highly fragmented healthcare startup market, with over 500 registered companies listed on Crunchbase, just 30 firms have received more than $1 million in seed funding, and a mere 10 have been funded above $5 million – and MedPass is one of them.

Introduction to MedPass HealthTech Platform

Unique features of the MedPass version 4.0 include a virtual assistant “Ben,” equipped with over 120 medical algorithms applied individually to the risk profile and medical records of the user, allowing specific screening and meaningful medical help.

Employees of MedPass clients begin their journey using MedPass by filling out digital assessments, within the MedPass application itself, of their health conditions, habits and behaviors. The results obtained generate managerial dashboards updated through integrated digital medical records, with assessments of quality of life and health, which guide population management policies of the clients. Messaging resources have also been created to allow clients’ HR staffs to transmit important communications with specific employees or companywide.

MedPass focuses on engaging its users by guiding and monitoring them through the app and through its own “Health Center,” where physicians and nurses engage through chat/video, seven days a week allowing, if advisable, to schedule consultations with specialized physicians.

Adtech vet Paul Palmieri investor deck for new e-commerce platform

  • Paul Palmieri, the former founder of mobile adtech company Millennial Media and VC firm Grit Capital, just raised $3.3 million in seed round funding for his latest venture, Tradeswell.
  • Tradeswell is an e-commerce trading platform that says it integrates all of a brand’s e-commerce channels, and consolidates marketing, retail, inventory, logistics, forecasting, lifetime value, and financials across these channels in one platform.
  • The company says it can help traditional and DTC brands save millions of dollars in outsourced contracts and tap into the booming e-commerce market.
  • Visit Business Insider’s homepage for more stories.

After adtech and venture capital, media vet Paul Palmieri is taking on e-commerce.

The former founder of mobile ad tech company Millennial Media and VC firm Grit Capital just raised $3.3 million in seed round funding for his latest venture, Tradeswell, from Signalfire and Construct Capital— a real-time e-commerce trading platform that he calls “the Bloomberg terminal for e-commerce.” 

Palmieri said he decided to join Tradeswell as CEO based on his experience as a VC investor, when he says he passed on investing in dozens of DTC companies because they had thin margins and their businesses weren’t scalable.

Tradeswell says it gives brands a comprehensive look at their e-commerce business across channels including Amazon, Google, Shopify, and Target by consolidating marketing, retail, inventory, logistics, forecasting, lifetime value and financials across these channels in one platform and automating their insights, actions and decisions using machine learning. This way, they know what to sell to whom, where, and at what price, with visibility into customer data from consultants, third-party platforms, and walled gardens.

Tradeswell is a SaaS company that makes money by licensing its platform.

Tradeswell has e-commerce experts from companies including Verizon and Flywheel Digital and has worked with more than 100 brands over the past 15 months,

Tapinator, Inc. Launches Next-Generation Investor Relations Website

NEW YORK, Oct. 6, 2020 /PRNewswire/ — Tapinator, Inc. (OTC: TAPM), (“Tapinator,” the “Company,” “we,” “our” or “us”), a developer and publisher of category leading apps for mobile platforms, with a focus on social casino games, today announced the debut of its new investor relations website: The redesigned, next-generation website offers quick and intuitive access to essential information such as company news, financial and stock information, presentations and videos, regulatory filings, and corporate governance information. Created with the user experience in mind, the new website has been optimized across all digital devices, including desktop and mobile. 

Tapinator Logo (PRNewsfoto/Tapinator, Inc.)

Tapinator also recently released an updated investor presentation which can be accessed within the “Events & Presentations” section of its new investor relations website.

“As part of our continued efforts to enhance communications with the investment community, we are excited to launch our new website, which includes our new investor presentation and other valuable information for investors, analysts, media and other stakeholders,” said Andrew Merkatz, President of Tapinator. “We continue to believe there is a compelling fundamental investment case to be made to both current and prospective shareholders. This new website should serve as an invaluable communications tool to keep our shareholders better informed of our progress, and to amplify market awareness for the Tapinator brand within the investment community. We believe the new website and presentation conveys the Tapinator story, our long-term strategic direction and strong value proposition, as we continue to work toward maximizing value for our shareholders.”

The new website can be accessed at:

About Tapinator
Tapinator Inc. (OTC: TAPM) develops and publishes category leading apps for mobile platforms, with a focus on social casino games. Tapinator’s library includes over 300 titles that, collectively, have achieved over 500 million mobile downloads, including notable properties such as

Realty investor grabs Milpitas apartments near tech hubs

MILPITAS — A veteran real estate investor with a national reach has bought a big apartment complex in Milpitas, a deal that points to ongoing strong buyer interest in the Silicon Valley housing market.

Victorian Square, an apartment complex in Milpitas, has been bought by an affiliate of Klingbeil Capital Management, a real estate firm with a San Francisco office and roots in Ohio, according to public property and business records.

The 96-unit Victorian Square, located at 2021 N. Milpitas Blvd. in Milpitas, was bought for $36.3 million, property records filed with Santa Clara County officials on Oct. 2. show.

Located near the tech hubs in San Jose, Milpitas, and Fremont, the apartment complex appears to be in strong demand from renters.

The website states that none of the units in the complex are available for rent.

The new owner of the Victorian Square apartment complex states that it owns a wide range of properties, according to the buyer’s website.

“Klingbeil Capital Management is a multi-faceted national real estate company with holdings throughout the United States,” the company said.

Described as a family business, Klingbeil Capital’s site says the company was founded in 1959 in Columbus, Ohio.

“In over 50 years of business, the company has expanded nationally into many real estate sectors including multifamily, single-family, student housing, land-development, condominiums, self-storage, commercial and medical office buildings,” Klingbeil Capital stated.

The buyer says it has bought commercial properties collectively worth hundreds of millions of dollars during the last two decades.

“Klingbeil Capital Management specializes in real estate investment for its own account and on behalf of institutional investors, with close to $2 billion of apartment acquisitions in the last 20 years,” the company said.



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Legendary tech investor Bill Gurley says today’s markets remind him of the dot-com bubble

Bill Gurley wearing a suit and tie: Reuters

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  • Legendary tech investor Bill Gurley told CNBC on Friday that the stock market reminds him of the late ’90s dot-com bubble. 
  • “There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future,” the Benchmark partner said. 
  • Other investors like Stanley Druckenmiller have drawn similar conclusions about today’s technology stocks. 

Legendary venture capitalist Bill Gurley told CNBC on Friday that the stock market reminds him of the late-1990s tech trading environment that led to the dot-com bubble.

“There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future, that we haven’t seen since the ’99 time frame,” the Benchmark partner said. 

He added: “I really can’t speculate or know exactly what it was, or the confluence of events that led to that, but we are living in a more speculative technology market for sure.” 

Video: Cloud stocks soar as Citi analysts upgrade Workday. Traders on whether they can keep climbing (CNBC)

Cloud stocks soar as Citi analysts upgrade Workday. Traders on whether they can keep climbing



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Other investors have echoed these concerns about frenzied traders pushing technology stocks into dangerously high territories. The top five tech stocks — Microsoft, Apple, Amazon, Alphabet, and Facebook — make up nearly a quarter of the S&P 500. 

Billionaire investor Stanley Druckenmiller said in September that the market was in