BSV-Portfolio-Luna

Luna

Life Sciences

Luna’s at-home delivery of physical therapy is disrupting the $60B cottage industry of rehab services via technology, convenience, safety, and quality while providing badly-needed secondary income to its growing network of physical therapists.

Why we invested:

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Market Need

With 74 million aging Baby Boomers in the U.S., the demand for physical therapy exceeds the supply, resulting in huge losses in potential revenue for providers and unnecessary suffering for patients. McKinsey projects that 25% of healthcare dollars will shift to the home by 2025.

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Superior Technology

Luna’s home delivery of physical therapy is preferred to visiting a facility by 90% of patients. Providers love the fact that Luna delivers care to their patients within 48 hours, and Luna’s network of physical therapists love the ability of Luna’s app to virtually eliminate paperwork.

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Founder & Team

Co-Founder & CEO Kris Duggan has strong experience in tech and startups, serving as Founding CEO of Badgeville (now part of SAP) and BetterWorks (funded by Kleiner Perkins and Emergence Capital). CFO Candace Tabor is a former CFO for both Navistar Defense and Sears Holdings Global Sourcing Limited. CTO Ryan Gaffney is a former Senior Software Engineer at Uber.

  • "We could not be more pleased to have Boyd Street Ventures as an investor. Their management team and Strategic Advisory Board can be a great source of insight, particularly in the areas of strategy and operations, and they are actively engaged in the honing for success."

  • "James has been extremely helpful in making important introductions for us. I appreciate the fact that he’s always asking me about our plans to grow even faster, and it seems that every time I talk to him he has another great idea for a potential new customer."

  • "BSV is not just a name on our company cap table. They are a valuable business partner as an investor offering strategic guidance and a strong network of industry connections, all of which contribute to our enhanced growth and success."

Question? Just schedule a call with the BSV team.