We provide user-centered design and innovation to clients on a global scale
We provide user-centered design and innovation to clients on a global scale
We are a collaborative team 

of researchers, ...
We develop digital and physical 

products, services, and experiences
We provide user-centered design and innovation to cl...
We close the gap 

between core technologies and commercialized solutions.
WE WORK WITH COMPANIES TO
DEFINE, CREATE, AND CAPTURE
VALUE TO DRIVE GROWTH.
OUR PROCESS
Define
Provide focus and
scale to the
products, services,
and experiences
Deliver
Develop and manage
the individual
compone...
Over 350 Medical Development 

Programs Completed Since 1988
30,000 hours of user research 

conducted in clinical environments
Understanding cultural and geographic 

variations to capitalize on global opportunities
Extensive Human Factors expertise to 

create FDA compliant devices
Electromechanical Innovation to turn 

core IP into tangible solutions
280 patents, 36 industry Awards including 

6 Medical Design Excellence Awards
1 - improve care 

2 - drive better outcomes

3 - reduce cost
to partner with top healthcare 

entrepreneurs to help drive 

innovation and local business 

growth that will have a

po...
“Insight Accelerator Labs should
provide a good home for companies
that come out of the universities
and are ready for the...
Family,	

Friends,	

University
Super Angel	

SBIR Phase II
Discover 	

Market	

Need
Business	

Planning/	

Establish 	

...
MINIMUM	

FEASIBLE	

CONCEPT	

(MFC)
Seed/ Angel	

SBIR Phase 1/II This is different than POC	

Tech &Value alignment	

Su...
Since joining Insight
Accelerator Labs, Briteseed
has raised a $1M seed
round and was named Top
Life Sciences Startup at t...
An accelerator that helps close the gap between core technologies and commercial solutions
Target Member Profile:

Early st...
WHY OUR
ACCELERATOR LABS?
PROGRAM DURATION:

6 months renewable up to 18 months
25 YEARS OF INNOVATION:

An experienced cross disciplinary team &
industry contacts
COMMERCIAL SUCCESS:

100+ medical products brought to market
MEDICAL DEVELOPMENT SERVICES:

20% discount up to 100K in development savings
STARTUP GUIDANCE:

Mentoring and project management support
DRY LABS:

Access and support required for grants through the labs
!
Our current member co.

!1. VG-Bio

2. Briteseed

3. Caraseal

4. Healthy-Txt

5. (?)
Sponsor Value:

! • sustainable exposure to innovation in the healthcare space

• scouting and vetting of technology align...
Thank You
Steve McPhilliamy

Executive Director, Insight Accelerator Labs

smcphilliamy@insightacceleratorlabs.com

773 90...
IPD Insight Accelerator Labs Overview
IPD Insight Accelerator Labs Overview
IPD Insight Accelerator Labs Overview
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IPD Insight Accelerator Labs Overview

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An overview of Insight Accelerator Labs: Developing innovative medical device technologies is at the core of what we do. We partner with top healthcare entrepreneurs to help drive innovation and business growth that will have positive impacts on people’s lives.

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IPD Insight Accelerator Labs Overview

  1. 1. We provide user-centered design and innovation to clients on a global scale
  2. 2. We provide user-centered design and innovation to clients on a global scale We are a collaborative team of researchers, designers & engineers
  3. 3. We develop digital and physical products, services, and experiences We provide user-centered design and innovation to clients on a global scale
  4. 4. We close the gap between core technologies and commercialized solutions.
  5. 5. WE WORK WITH COMPANIES TO DEFINE, CREATE, AND CAPTURE VALUE TO DRIVE GROWTH.
  6. 6. OUR PROCESS
  7. 7. Define Provide focus and scale to the products, services, and experiences Deliver Develop and manage the individual components Frame Identify opportunities in new and existing markets
  8. 8. Over 350 Medical Development Programs Completed Since 1988
  9. 9. 30,000 hours of user research conducted in clinical environments
  10. 10. Understanding cultural and geographic variations to capitalize on global opportunities
  11. 11. Extensive Human Factors expertise to create FDA compliant devices
  12. 12. Electromechanical Innovation to turn core IP into tangible solutions
  13. 13. 280 patents, 36 industry Awards including 6 Medical Design Excellence Awards
  14. 14. 1 - improve care 2 - drive better outcomes 3 - reduce cost
  15. 15. to partner with top healthcare entrepreneurs to help drive innovation and local business growth that will have a positive impact on peoples lives OUR GOAL:
  16. 16. “Insight Accelerator Labs should provide a good home for companies that come out of the universities and are ready for the next step.” -AlanThomas University of Chicago April 10, 2013 FEATURED IN: Chicago Tribune, Sun Times, Inc Magazine
  17. 17. Family, Friends, University Super Angel SBIR Phase II Discover Market Need Business Planning/ Establish IP Feasibility-tech risk Series A+ FULL PRODUCT DEVELOPMENT/ COMMERCIALIZATION (FPD) MINIMUM VIABLE PRODUCT (MVP) Viability-prod risk Scalability - manufacturing risk An accelerator that helps close the gap between core technologies and commercial solutions MINIMUM FEASIBLE CONCEPT (MFC) Seed/ Angel SBIR Phase 1/II Grants/ Awards SBIR Phase1 V a l l e y o f D e a t h
  18. 18. MINIMUM FEASIBLE CONCEPT (MFC) Seed/ Angel SBIR Phase 1/II This is different than POC Tech &Value alignment Subsystem focused Provides low cost tech pivots Manufacturing influence Alignment to funding stages
  19. 19. Since joining Insight Accelerator Labs, Briteseed has raised a $1M seed round and was named Top Life Sciences Startup at the Rice Business Plan Competition.
  20. 20. An accelerator that helps close the gap between core technologies and commercial solutions Target Member Profile: Early stage medical device companies that have: ! • Initial funding • Protectable IP • FDA pathway • Reimbursement model • Target market and market fit
  21. 21. WHY OUR ACCELERATOR LABS?
  22. 22. PROGRAM DURATION: 6 months renewable up to 18 months
  23. 23. 25 YEARS OF INNOVATION: An experienced cross disciplinary team & industry contacts
  24. 24. COMMERCIAL SUCCESS: 100+ medical products brought to market
  25. 25. MEDICAL DEVELOPMENT SERVICES: 20% discount up to 100K in development savings
  26. 26. STARTUP GUIDANCE: Mentoring and project management support
  27. 27. DRY LABS: Access and support required for grants through the labs
  28. 28. ! Our current member co. !1. VG-Bio 2. Briteseed 3. Caraseal 4. Healthy-Txt 5. (?)
  29. 29. Sponsor Value: ! • sustainable exposure to innovation in the healthcare space • scouting and vetting of technology aligned to strategic goals • early exposure to vetted relevant ideas • strategic feedback to local university exploration areas • engagement and recognition in local events (HealthTECH summit, WellTech summit) • deeper collaboration with Matter, CIM, 1871, Chicago Lean Startup, BuiltInChicago, and other groups
  30. 30. Thank You Steve McPhilliamy Executive Director, Insight Accelerator Labs smcphilliamy@insightacceleratorlabs.com 773 907 9500 www.insightpd.com
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