UCR EPIC Alumni Inviscid Acquired by Rethink First

By: Sharjeel Sohaib

• 

Apr 5, 2022

 â€¢ 

UCR ExCITE

Utilize Our Platform

The University of California, Riverside (UCR) has an entrepreneurial and startup incubation program called the Entrepreneurial Proof of Concept Center (EPIC). In Sep 2021, a UCR EPIC alumni startup called Inviscid, a SaaS solution for autism-related medical consultants, was acquired by Rethink First. This shows EPIC’s capability to help commercialize and graduate new startups.

We Covered this in our Weekly Wire Roundup

The Backstory

Mark Adams took a leap of faith when he quit his job in 2011 to launch Inviscid with four colleagues, anticipating that the product they were creating would be successful in the Autism treatment field. They built the firm from the ground up, investing their time, effort, and money to create software that helps ABA therapists and autism clinics increase efficiency while improving their patient’s quality of life.

“This acquisition has given me the satisfaction of starting something from an idea and a dream and seeing it turn into a viable company with employees and customers while helping the autism community,” 

Mark Adams, founder of Inviscid, now Total Therapy, a division of Rethink First

About Inviscid

Therapists and clinics that deal with people on the autism spectrum can use Inviscid’s practice management, clinical, parent portal, and billing software as a service (SaaS). Every day, thousands of end-users around the country utilize the Inviscid program.

Inviscid Founder’s Journey to Success

Mark discovered the Temecula Valley Entrepreneurs Exchange (TVE2) in 2014 and was accepted into the program. This was a watershed moment for Inviscid, as Mark could get funding through a network of entrepreneurs. The Inviscid team learned about business concepts, prepared a business strategy, and practiced their pitch during incubation.

Meanwhile, Larry Morgan, a seasoned CEO and commercialization expert, has joined the Office of Technology Partnerships at UC Riverside (UCR) (OTP).

He founded UCR’s Entrepreneurial Proof of Concept Center (EPIC) in 2016 alongside Rosibel Ochoa. This program has become the cornerstone of the entrepreneurial ecosystem that UCR continues to build across the Inland Empire. UCR EPIC provides business coaching, training, and money to technology entrepreneurs in the region, thanks to the Economic Development Administration’s i6 program grant. Over 600 entrepreneurs throughout the Inland Empire have benefited from UCR EPIC’s associated initiatives.

Larry heard Mark Adams pitch his firm while judging a pitch competition at TVE2 in July 2017, and it piqued his interest. UCR EPIC began providing his company with additional mentorship and entrepreneurial training to support Mark’s fundraising efforts.

The firm had made $500,000 in sales by the end of 2017. Larry decided to invest in the firm and purchased it in February 2018, stepping down as Director of UCR EPIC and becoming CEO of Inviscid, which he renamed TotalABA.

TotalABA was bought by Rethink First, a New York-based global health technology business, in September 2021 to realize synergies between the two companies. Individuals with developmental impairments and their caregivers received cloud-based therapy tools, training, and professional assistance from Rethink First.

TotalABA was an appropriate partner and a chance to expand its offering and deliver services to the larger behavioral health marketplace, including speech, occupational, and physical therapists and practices. TotalABA has now been bought by Rethink First and is now known as Total Therapy. Larry is the division’s CEO, while Mark is the division’s Chief Technical Officer. TotalABA’s 14 workers have all stayed with the firm.

Further reading

https://techpartnerships.ucr.edu/news/2022/03/31/first-acquisition-ucr-epic-supported-company.

0 Comments

Submit a Comment

Connecting you with the best startups, people & events in the Inland Empire.

Support Startup News & Media!


Enjoying the startup news & media? Support us!

We have big plans, and we need your help!

Startempire Wire is a community of people working together to promote innovation, entrepreneurship, and investment in the Inland Empire. We provide resources and connect people with the startup culture.

We believe that the Inland Empire has all of the ingredients for success. This region just needs a platform to show the world what it can do – And this is exactly what Startempirewire.com is doing. Our goal is to act as a megaphone to connect the dots between the best startups, events, and people in the Inland Empire.

We have big plans, and we need your help! If you are passionate about creating a thriving local startup ecosystem, then we would like to invite you to join in contributing to the community by supporting us. You can do that by supporting us financially or by being an active contributor. In return, we will give you (depending on sponsorship level) free access to our content, other level based perks &  the opportunity to connect with a network of passionate people working to build a better future for all of us.

We cover the good and the bad of entrepreneurship, startups & business events; we do it with passion and purpose. If you like what we do, support us & please consider becoming a patron. Your support is essential for independent local startup media to survive & thrive.

You can make a regular one time donation to become a sponsor at any level, or you can choose to become a monthly or event sponsor.  Every little bit counts! Thank You

Verious B. Smith III

Founder, Startempire Wire

Related Articles

CTR and Fuji Electric team up for Hell’s Kitchen Geothermal . . .

CTR and Fuji Electric team up for Hell’s Kitchen Geothermal . . .

Controlled Thermal Resources (CTR) and Fuji Electric Corp. of America (FEA) recently signed a Memorandum of Understanding for the completion of several Equipment, Procurement, and Construction (EPC) contracts. The contracts will deliver multiple geothermal power...

China Airlines Boosts Recovery of International Air Service with  . . .

China Airlines Boosts Recovery of International Air Service with . . .

Ontario International Airport in California has announced that China Airlines will fully restore daily round-trip service between Southern California's Ontario International Airport (ONT) and Taipei beginning March 26, 2023. The resumption of daily service comes after...

Riverside and San Bernardino Clinics to Benefit from Pair Team, a . . .

Riverside and San Bernardino Clinics to Benefit from Pair Team, a . . .

Pair Team, a California-based nonprofit organization, is significantly impacting health clinics in San Bernardino and Riverside counties. Pair Team aims to provide underserved communities with quality healthcare, education, and technology resources. By partnering with...

Stay Up On Startempire News

Access Premium Content

Startempire Wire premium content access is free during the beta period of our  website.  Join during beta and get a grandfathered discount when we launch.

$5 for first month then $15 per month

Get Every Update

Would you like to receive Startempire Wire updates in your inbox? Subscribe below!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Follow Us

Follow Startempire Wire on other social media channels.

My cart
Your cart is empty.

Looks like you haven't made a choice yet.