MONTEREY, CA – May 22. 2014
Red Herring announced its Top 100 award winners in recognition of the most promising private companies in North America.
“We are honored that Red Herring recognizes the power and impact of the Welltok vision to help consumers achieve their optimal health and get rewarded,” said Jeff Margolis, chairman and CEO for Welltok. “We have created a rare win-win-win in healthcare with our groundbreaking CaféWell Health Optimization Platform™ that benefits population health managers, consumers and digital consumer health companies.”
Red Herring Top 100 America enlists outstanding entrepreneurs and promising companies. It selects 100 award winners from among the approximately 3,000 tech startups financed each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work.
“In 2014, selecting the top 100 achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe Welltok embodies the vision, drive and innovation that define a successful entrepreneurial venture. Welltok should be proud of its accomplishment, as the competition was very strong.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.
May 22, 2014