Current Position: Co-founder and COO at SafeBVM Corp.,
Venture Partner at F50 Ventures
During his 2nd year of MBBS, Prathamesh observed that technology was changing at a very rapid rate, but healthcare as a sector was mostly unaffected. Advancements in engineering could address problems associated with low doctor-patient ratio, access, training, and cost-efficiency similar to the way they had affected other sectors historically. He reached out to mentors and industry leaders working at the intersection of healthcare and technology. Later he started visiting the BETiC Lab at IIT Bombay, in his free time during medical school and internship. After working and learning with extremely talented computer scientist and engineers, his assumptions about technological trends were validated. Prathamesh wanted to advance his skills in the commercialization of technology ventures further. So he joined the Biomedical Engineering Program at Georgia Tech because of the university’s reputation and for strong engineering programs.
Prathamesh co-founded SafeBVM as a spin-off from his master’s thesis with a mission to improve the quality of care and reduce healthcare expenditure with cost-efficient innovation. The startup focuses on preventing human-errors/provider associated complications that increase the utilization of healthcare resources and worsen patient outcomes. SafeBVM’s first product is a safety accessory to a commonly used medical device in the Emergency Medical Services, the Bag-Valve-Mask (BVM). The Class II medical device assists providers to deliver safe and optimal manual ventilation non-invasively to patients with cardiac arrest, respiratory distress, and under the influence of general anesthesia.
Prathamesh is also affiliated with venture capital firms- F50 Venture and FundRx- that invest in early-stage startups.
The Nasdaq Entrepreneurial Center is thrilled to have the following entrepreneurs in its Milestone Maker accelerator program. The Milestone Maker program is the Nasdaq Center’s flagship program, providing individualized mentorship and executive coaching, as well as access to the Center’s vast network of industry experts to help each founder with his or her milestone. Entrepreneurs in the program were hand selected after a competitive application process. Read more at: https://thecenter.nasdaq.org/milestone-maker-2019/