Tell me how your platform works

    Q: How does your matching algorithm work?


    A: House of MedTech COMPASS intelligently matches advisors to companies or projects using a sophisticated matching algorithm that takes into account both healthcare advisor and company type attributes.


    The algorithm was based on four years and tens of thousands of data points generated from the UCSF Health Hub Bad Ass Advisors project.


    Attributes considered include advisor type requested, advisor skill and speciality types (rank-ordered), advisor and company physical location, internal department, and Profiles keywords matching.


    The House of MedTech will continue to collaborate with UCSF Health Hub to continuously update the matching algorithm with additional data and project types.


    For example, currently, the algorithm is only used to match investors, advisors, mentors, and luminaries with companies. Requests for 'COMPASS Briefs' are evaluated by our team and forwarded to the respective departments and groups within our Research Agencies. As we continue to add connectively across the Healthcare Research Institutes of Luxembourg and the rest of the European Union ecosystem, the matching system will be expanded.


    We welcome your comments, suggestions, and ideas.

    Q: Can I search for other members in House of MedTech network?


    A. The House of MedTech COMPASS is a private and curated network; therefore, member's profiles cannot be searched by fellow members. Matches are made solely through the creation of an advisory brief by company founders and a curated introduction from the Navigator team.


    We are frequently asked this question by members so it is something we are considering for the future; however, we must balance this with a deep respect for our advisors' time and our companies' desire for privacy (profiles may contain sensitive information and advisors do not want to be inundated with requests). We also believe this differentiates us from other business connecting platforms like LinkedIn and Bumble for Business. A Mighty Network is in practice for all COHORT / ALUMNI companies.

    Q: Why do I need to use LinkedIn to signup


    A: We use LinkedIn's Sign In solution to verify our user’s professional identities. It also serves to manage our user's usernames and passwords securely. Unfortunately, that means that yes at this time you must have a LinkedIn account to sign into COMPASS. It also means that only one member of your team has access and ownership for your profile and submission.


    Q: What does a typical financial arrangement look like with an advisor? Do you have any resources I can look at?​


    A: Our House of MedTech advisors are happy to support our community with one or two free office hours to help you accelerate. But for ongoing support, we recommend a Board Advisory or standard consulting agreement. You can visit an unaffiliated site https://www.badassadvisors.com/pages/advisor_agreement and http://www.kulpulator.com/. On this site, you can get a custom estimate for your advisor agreement and download free sample advisor agreements. We are also big fans of the standard Fast Agreement from the Founders Institute.


    Q: How often do you approve applications?


    A: We approve advisors and companies on a rolling monthly basis. Each application is individually reviewed and we review web-references; articles for reputation, your Compass profile (if applicable), your LinkedIn, Crunchbase, and Angellist (if applicable) profiles.


    Q: I work across the international Healthcare Research ecosystem. How can I get involved as a Navigator in Compass for our Research Institution?


    A: How? Please connect to Chief EIR Leesa Soulodre using her calendly and set up a time to become a House of MedTech Navigator.

    • The commitment is minimal. We do not ask more than 20 hours per year (i.e. 2 hours per month) and we provide tools to maximize efficiency in your role as a Navigator.
    • As a House of MedTech Navigator, you will be the first point of contact for collaboration opportunities in your Research Institution's department and speciality area.
    • We screen all inbound requests from vetted start-up companies looking for PIs, clinical advisors, and/or partners for pilot projects and clinical trials.
    • To determine a qualified match with the right House of MedTech expert, we consult with you first, and in some cases ask that you make a referral and connection. Simple.  

    What is in it for you

    • Exclusive access to intimate curated Navigator events to expand your network
    • Listing on the House of MedTech website as a House of MedTech Navigator
    • Ability to add “House of MedTech Navigator” to your Research Institution and LinkedIn profiles, CV, to grow your visibility as a leader in Health Innovation
    • Visibility on current trends and the latest novel solutions in health innovation

    Q: What is expected of me as an Advisor?

    A: We expect you to be honest, open, and helpful to the founder you are matched with. Set clear expectations for the relationship and be respectful of each other’s time.


    Advisors may help by giving advice, offering connections, investing capital, negotiating work, helping with study design, becoming a PI, etc. The key is to make sure to do your due diligence and be realistic about what you can and can’t commit to.


    Advisors are expected to provide each founder with up to 2 office hours at no cost.


    What is in it for you

    • Exclusive access to intimate curated Advisor events to expand your network
    • Listing on the House of MedTech Compass as a House of MedTech Advisor
    • Ability to add “House of MedTech Advisor” to your LinkedIn profile and CV, to grow your visibility as a leader in Health Innovation
    • Visibility on current trends and the latest novel solutions in health innovation

    Q: What is meant by “premium compensation”? Should I check this box in my advisor application?


    A:  Premium compensation refers to those advisors who work as career consultants and are paid a lot of money for their time, or have high expectations. Check this box if you think it applies to you, it will result in your not being matched to early-stage companies.

    Q: Are there any rules or concerns about advisors investing in advisee companies?


    A:  Investment in any House of MedTech Compass company should take place via the R3i Deal Desk for good governance.

    Q: Does the House of MedTech do any evaluation or validation of the companies? If so, what does it do?


    A: Yes, all companies are screened against our key pillars and our proprietary R3i Scorecard. All companies are screened to make sure they have raised some amount of capital either through grants, Venture Capital, other dilutive funding, or in a few cases, from self-funding. We also check the team's pitch deck, their LinkedIn and company’s About page, the startup website, AngelList page, LinkedIn, and make sure their profile makes sense for our platform (healthcare company, and 'early-stage' startup with a clear point of view).

    Q: What is a COMPASS Brief?


    A: "Brief" refers to either an "Advisor Brief" or a "Compass Brief". The Briefs section is the last section on the company profile you complete, but arguably the most important because it describes what kind of match the company is seeking.

    1. Advisor Brief: This is the section on the company's profile page where they fill out what kind of person in the House of MedTech community they are seeking to connect to. Completing this section activates a match request. With each new advisor brief the founder can request one of ten advisor types they wish to meet. The founder specifies the skills, specialty areas, goals of the connection, and what kind of help they need. This information is private and only viewable to the Navigator team, our Board of Directors, if you opt-in, and your match. When you are connected to your curated match, the advisor will be able to see this information and assess if they are a good fit for the company.
    2. Compass Brief: House of MedTech COMPASS is facilitating startups to work with the Luxembourg and Singapore Research Institutes for several project types (1) co-development/early prototype (2) product validations (3) pilot studies with a Luxembourg PI (4) clinical trials. By completing a new House of MedTech Brief you activate our team of Navigators to review your brief, assess if the project is of interest to someone at our Research Institutes, and if so begin navigations to facilitate initiation of the collaboration.
    All Posts
    Terms & Conditions
    By accessing the domain of www.houseofmedtech.com and its associated web pages you agree to the following terms. If you do not agree to the following terms, please notice that you are not allowed to use the site. The contents of House of MedTech are managed by R3i Ventures Pte Limited and its web pages are Copyright © R3i Ventures Pte Limited. Any rights not expressly granted herein are reserved. Reproduction, transfer, distribution or storage of part or all of the contents in any form without the prior written permission of R3i Ventures Pte Limited is prohibited except in accordance with the terms outlined in this document.
    R3i Ventures Pte Limited provides access to this site free of charge to provide information about the House of MedTech. The sole authorised use of the site is to obtain information about the House of MedTech and any associated products/and/or services. No other use is permitted.
    R3i Ventures Pte Limited consents to you browsing these web pages on your computer or printing copies of extracts from these pages for your personal use only and not for redistribution unless consented to in writing by R3i Ventures Pte Limited. Individual documents in our web pages may be subject to additional terms indicated in those documents.
    The use of this site and the content therein, is permitted to private, non-commercial use. The use of press releases and other documents classified as public is permitted in public communications if the source for the information has been stated.
    R3i Ventures Pte Limited assumes no responsibility for the security of this site or your communications with the site. This site is offered AS IS and without warranties of any kind. R3i Ventures Pte Limited disclaims the implied warranties of merchantability and fitness for a specific purpose as well as title or non-infringement. We are not responsible for timeliness, accuracy, unavailability or interruptions in availability, viruses or other defects in the site or its contents. In no event shall R3i Ventures Pte Limited be responsible for any damages to users or their computer systems or otherwise, even if R3i Ventures Pte Limited has been informed of the possibility of such damages and without regard to negligence.
    For your convenience, R3i Ventures Pte Limited may include links to sites on the web that are owned or operated by third parties. By linking to such third-party site, you agree that R3i Ventures Pte Limited has no control over the content of that site and cannot assume any responsibility for material created or published by such third-party sites.
    Your access to this site should not be construed as granting, by implication, estoppel or otherwise, any license or right to use any marks or logos appearing on the site without the prior written consent of R3i Ventures Pte Limited or the third party owner thereof.
    Copyright © R3i Ventures Pte Limited 2020. All rights reserved.
    Privacy Policy
    This privacy policy has been compiled to better serve those who are concerned with how their 'Personally Identifiable Information' (PII) is being used online. PII, as described in US privacy law and information security, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context. Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website.
    What personal information do we collect from the people that visit our blog, website or app?
    When ordering or registering on our site, as appropriate, you may be asked to enter your or other details to help you with your experience.
    When do we collect information?
    We collect information from you when you register on our site, place an order, subscribe to a newsletter, respond to a survey, fill out a form, Use Live Chat, Open a Support Ticket or enter information on our site.
    Provide us with feedback on our products or services 
    How do we use your information?
    We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:
          • To personalize your experience and to allow us to deliver the type of content and product offerings in which you are most interested.
          • To improve our website in order to better serve you.
          • To allow us to better service you in responding to your customer service requests.
          • To administer a contest, promotion, survey or other site feature.
          • To quickly process your transactions.
          • To ask for ratings and reviews of services or products
          • To follow up with them after correspondence (live chat, email or phone inquiries)
    How do we protect your information?
    Our website is scanned on a regular basis for security holes and known vulnerabilities in order to make your visit to our site as safe as possible.
    We use regular Malware Scanning.
    Your personal information is contained behind secured networks and is only accessible by a limited number of persons who have special access rights to such systems, and are required to keep the information confidential. In addition, all sensitive/credit information you supply is encrypted via Secure Socket Layer (SSL) technology.
    We implement a variety of security measures when a user places an order enters, submits, or accesses their information to maintain the safety of your personal information.
    All transactions are processed through a gateway provider and are not stored or processed on our servers.
    Do we use 'cookies'?
    Yes. Cookies are small files that a site or its service provider transfers to your computer's hard drive through your Web browser (if you allow) that enables the site's or service provider's systems to recognize your browser and capture and remember certain information. For instance, we use cookies to help us remember and process the items in your shopping cart. They are also used to help us understand your preferences based on previous or current site activity, which enables us to provide you with improved services. We also use cookies to help us compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future.
    We use cookies to:
          • Help remember and process the items in the shopping cart.
          • Understand and save user's preferences for future visits.
          • Keep track of advertisements.
          • Compile aggregate data about site traffic and site interactions in order to offer better site experiences and tools in the future. We may also use trusted third-party services that track this information on our behalf.
    You can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies. You do this through your browser settings. Since browser is a little different, look at your browser's Help Menu to learn the correct way to modify your cookies.
    If users disable cookies in their browser:
    If you turn cookies off, Some of the features that make your site experience more efficient may not function properly. Some of the features that make your site experience more efficient and may not function properly.
    Third-party disclosure
    We do not sell, trade, or otherwise transfer to outside parties your Personally Identifiable Information unless we provide users with advance notice. This does not include website hosting partners and other parties who assist us in operating our website, conducting our business, or serving our users, so long as those parties agree to keep this information confidential. We may also release information when it's release is appropriate to comply with the law, enforce our site policies, or protect ours or others' rights, property or safety. 
    However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.
    Third-party links
    We do not include or offer third-party products or services on our website.
    Google's advertising requirements can be summed up by Google's Advertising Principles. They are put in place to provide a positive experience for users. https://support.google.com/adwordspolicy/answer/1316548?hl=en 
    We use Google AdSense Advertising on our website.
    Google, as a third-party vendor, uses cookies to serve ads on our site. Google's use of the DART cookie enables it to serve ads to our users based on previous visits to our site and other sites on the Internet. Users may opt-out of the use of the DART cookie by visiting the Google Ad and Content Network privacy policy.
    We have implemented the following:
          • Remarketing with Google AdSense
          • Google Display Network Impression Reporting
          • Demographics and Interests Reporting
          • DoubleClick Platform Integration
    We, along with third-party vendors such as Google use first-party cookies (such as the Google Analytics cookies) and third-party cookies (such as the DoubleClick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions and other ad service functions as they relate to our website.
    Opting out:
    Users can set preferences for how Google advertises to you using the Google Ad Settings page. Alternatively, you can opt out by visiting the Network Advertising Initiative Opt Out page or by using the Google Analytics Opt Out Browser add on.
    California Online Privacy Protection Act
    CalOPPA is the first state law in the nation to require commercial websites and online services to post a privacy policy. The law's reach stretches well beyond California to require any person or company in the United States (and conceivably the world) that operates websites collecting Personally Identifiable Information from California consumers to post a conspicuous privacy policy on its website stating exactly the information being collected and those individuals or companies with whom it is being shared. - See more at: http://consumercal.org/california-online-privacy-protection-act-caloppa/#sthash.0FdRbT51.dpuf
    According to CalOPPA, we agree to the following:
    Users can visit our site anonymously.
    Once this privacy policy is created, we will add a link to it on our home page or as a minimum, on the first significant page after entering our website.
    Our Privacy Policy link includes the word 'Privacy' and can easily be found on the page specified above.
    You will be notified of any Privacy Policy changes:
          • On our Privacy Policy Page
    Can change your personal information:
          • By logging in to your account
    How does our site handle Do Not Track signals?
    We honor Do Not Track signals and Do Not Track, plant cookies, or use advertising when a Do Not Track (DNT) browser mechanism is in place.
    Does our site allow third-party behavioral tracking?
    It's also important to note that we do not allow third-party behavioral tracking
    COPPA (Children Online Privacy Protection Act)
    When it comes to the collection of personal information from children under the age of 13 years old, the Children's Online Privacy Protection Act (COPPA) puts parents in control. The Federal Trade Commission, United States' consumer protection agency, enforces the COPPA Rule, which spells out what operators of websites and online services must do to protect children's privacy and safety online.
    We market to
    We do not collect information from children under 13
    children under 13.
    Do we let third-parties, including ad networks or plug-ins collect PII from children under 13?
    In order to remove your child's information please contact the following personnel:  info@rlexpert.com
    We adhere to the following COPPA tenants:
          • Parents can review, delete, manage or refuse with whom their child's information is shared through contacting us directly.
    or contacting us directly.
    Fair Information Practices
    The Fair Information Practices Principles form the backbone of privacy law in the United States and the concepts they include have played a significant role in the development of data protection laws around the globe. Understanding the Fair Information Practice Principles and how they should be implemented is critical to comply with the various privacy laws that protect personal information.
    In order to be in line with Fair Information Practices we will take the following responsive action, should a data breach occur:
    We will notify you via email
          • Within 7 business days
    We also agree to the Individual Redress Principle which requires that individuals have the right to legally pursue enforceable rights against data collectors and processors who fail to adhere to the law. This principle requires not only that individuals have enforceable rights against data users, but also that individuals have recourse to courts or government agencies to investigate and/or prosecute non-compliance by data processors.