Charlotte Angel Connection Episode 099: Dalton Shaul, Founder and CEO of OmniLife

Dalton Shaull is the Founder and CEO of OmniLife.  He is originally from Iowa and was born in an intense football family.  He played football for the University of Iowa, but his football career ended due to a motorcycle accident. After the accident he lost feeling in his arm and ended up having to have a nerve transplant to regain feeling in his arm.  Throughout his recovery, Dalton tried several ventures and ultimately decided he really liked to create things (artistic prospective).  As a result of his injury, he knew he wanted to get involved in the Medtech business.  It was during a pitch he made at an Entrepreneurial class he met Eric Pahl, his Co-Founder at OmniLife. “OmniLife was founded in 2016 based on the need to make the organ procurement process more efficient.”  They launched their first product, known as TXP Chat™, as a secure mobile messaging system for transplant teams.  TXP Chat™ facilitates seamless and comprehensive care delivery for organ failure patients by optimizing clinical communication among payors, providers, and patients. In today’s podcast, Dalton shares his story of how and why he became interested with the organ transplant program. He explains what they needed to initially “focus” on and the due diligence process of dissecting the company’s potential.  He tells the story of their “first” pitch and its success—which was the beginning of the momentum.  He shares his heartwarming story of the start of the business, first raising round and more. He also discusses the structure of the business now, their first success of their first study, and why they left Iowa to move the business to Lexington, KY.   Dalton currently resides in Charlotte and discusses doing business in the South. There is a lot of momentum in Health IT.  Don’t miss the podcast to hear how about it and how it improves the quality of healthcare delivery. A few notes worth mentioning along the lines of this podcast. Dalton is in Charlotte for two reason: (1) his wife is in residency here and his uncle is a heart transplant surgeon in Charlotte as well. Scott Pope and Eric Kirsch are launching a new co-working space devoted to medical companies much like OmniLife, called Mito Station.  It's a really unique concept and will help continue incubating new startups in the health care space here in Charlotte.  As such, we expect to have even more health care startups in Charlotte as they finish out their space later this year and I look forward to interviewing them on the podcast in the not too distant future.  Both Eric and Scott have been on the podcast but we will have them back on this spring talking about their project as well as the growing number of health care startups in town.   William Bissett is the owner of and an Investment Advisor Representative of Portus Wealth Advisors, a Registered Investment Adviser. Registration does not imply a certain level of skill or training. Opinions expressed on this program do not necessarily reflect those of Portus Wealth Advisors. The topics discussed and opinions given are not intended to address the specific needs of any listener.  Portus Wealth Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.  Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under applicable state and federal regulation or an eligible employee of the management company. There generally is no public market for the Interests. Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.