Episode Description

Most digital health companies of Validic's vintage have raised $100 million or more. Drew Schiller raised $35 million over 12 years, on purpose.

Validic connects data from over 700 wearables, in-home medical devices, and health apps into the healthcare system. Drew started the company in 2010 with his college best friend Ryan, pivoted from corporate wellness into a data infrastructure play, then later expanded into health systems and acquired a logistics business to own the full stack.

Drew talks about the midnight conversation with Ryan where they realized they couldn't out-build Fitbit or MyFitnessPal and decided to solve a different burning market need of integrating data into them instead. He also talks about why he devotes a full day every month with his leadership team to talk about nothing but strategy, and how the Validic team rewrote the company's core values in 2018 without him in the room.

This one is for founders building infrastructure businesses, navigating pivots, or trying to figure out when slower growth is the right call.

About Drew Schiller

Drew Schiller is the CEO and co-founder of Validic, the platform that connects data from wearables, in-home medical devices, and health apps into the healthcare system. He started the company in 2010 with his college best friend Ryan, and launched Validic in 2013 after a midnight pivot away from corporate wellness software. Today the platform normalizes data from over 700 sources into a single API used by health systems, health plans, and digital health companies.

Presented by Aytza