HiPR Innovation

Market position

An early-stage, pre-seed medical device and health data company addressing pressure ulcer prevention. Source material notes that two of every three spinal cord injury patients will develop pressure ulcers and that treating pressure ulcers in the United States can amount to $150,000 in medical costs per patient, with prolonged contact and pressure from sitting in a wheelchair placing patients at high risk.

Technology

An intelligent pressure management system that provides pressure visualization and pressure management strategies, generating data points for users and caregivers to aid in pressure ulcer prevention.

Go-to-market

The company's website directs prospective users to schedule a demo or enroll as beta testers, and it has engaged with university-affiliated accelerators, incubators and device consortia including MassChallenge Texas, the Austin Technology Incubator, Texas Health Catalyst and the Southwest Pediatric Device Consortium.

Wheelchair users at risk of pressure ulcers, including spinal cord injury patients, along with the caregivers and healthcare providers supporting them.

Geography

Headquartered in Laredo, Texas, with listed locations in Austin, Texas and ties to the University of Texas at Austin startup ecosystem.

History

HiPR Innovation, Inc. was founded in 2019 and is based in Laredo, Texas, with additional Austin, Texas locations listed. The company received funding from UT Genesis, Jon Brumley Texas Venture Labs, and the Southwest Pediatric Device Consortium. Its co-founders participated in the MassChallenge Texas 2020 cohort and the LaunchPad Summer Startup Fellowship. HiPR subsequently joined the Austin Technology Incubator portfolio and became a member of Texas Health Catalyst and the Southwest Pediatric Device Consortium. Koushalya Sachdev has been profiled by the Kendra Scott Women's Entrepreneurial Leadership Institute at The University of Texas at Austin.