Lasa Health Receives Colorado State Grant to Advance Women's Health Technology
BOULDER, CO – Lasa Health is pleased to announce it has been awarded an Early-Stage Capital and Retention grant through the Colorado Office of Economic Development and International Trade (OEDIT) Advanced Industries Accelerator program. This funding will help further the development of Lasa Health's innovative platform designed to accelerate the diagnosis and management of chronic pelvic pain.
“Receiving this grant allows us to enhance our technology and expand our reach, bringing much-needed support to women suffering from chronic pelvic pain. This funding is a crucial step in our mission to reduce diagnostic delays and improve patient outcomes,” said Margaret Melville, CEO and Founder of Lasa Health.
The Early-Stage Capital and Retention grant supports businesses commercializing innovative and disruptive technologies in the advanced industries that will be created or manufactured in Colorado. These grants help promote the growth and sustainability of advanced industries across the state by driving innovation and commercialization that move this vital part of the Colorado economy forward.
Lasa Health was awarded $250,000 to develop and enhance their AI-powered diagnostic screening and clinical decision support platform specifically targeting chronic pelvic pain. This project, led by CEO Margaret Melville and CTO Chris Fortuna, aims to improve diagnostic accuracy and speed, enhance patient engagement, and streamline care coordination. The expected outcomes include a significant reduction in the time to diagnosis, improved patient satisfaction, and reduced healthcare costs associated with chronic pelvic pain.
“Across the state, companies are rethinking existing technologies and inventing new ones within the advanced industries sector. Their success will create good-paying jobs in Colorado and has the potential to change lives across the state and beyond. We are thrilled to be able to support their development and look forward to celebrating future accomplishments,” said Rama Haris, Advanced Industries Senior Manager at OEDIT.
For more information about Lasa Health and their innovative work in women's health, visit www.lasahealth.com.
About Lasa Health
Lasa Health is an AI/ML healthtech company supporting the diagnosis and management of pelvic pain disorders. Founded by Margaret Melville, who suffered from chronic pelvic pain for over a decade, the company aims to revolutionize women's healthcare through advanced technology. Lasa Health’s platform integrates into clinician workflows, screening patients for commonly overlooked conditions and providing extensive at-home support.
About the Advanced Industries Accelerator Program
The Advanced Industries Accelerator Program was created in 2013 to promote growth and sustainability in Colorado’s advanced industries by driving innovation, accelerating commercialization, encouraging public-private partnerships, increasing access to early stage capital and creating a strong infrastructure that increases the state’s capacity to be globally competitive. AIA encompasses five distinct grant programs: Proof of Concept, Early-Stage Capital and Retention, Collaborative Infrastructure, Export Accelerator, and Global Consultant Network.
About Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the State’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at oedit.colorado.gov.
