Croatia
Market: Medicine, Electronics, Gadgets
Project stage: Prototype or product is ready
Also this project:
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Find investments
- Participate in the Unicorn Battle
Idea or High Level Concept
Stuey is the first innovative electronic device that helps people who stutter make phone calls.
Territory of the product or service implementation
Global (world)
Traction and Current Status
- Financial support for innovators from City of Zagreb - 50.000€ investment form Fil Rouge Capital
Problem or Opportunity
More than 70 million people worldwide stutter.
Solution
Stuttering is primarily a communication and not a speech disorder.
Customer Segments and Market
Approximately 5 to 10 percent of all children will stutter for some period in their life, lasting from a few weeks to several years.
Revenue Streams and Cost Structure
In next 5 years, our vision is to be the world leader in the development of innovative technology solutions in the field of stuttering, and the main partner to stuttering associations and institutions in order to bring the entire community together. We believe we will count our sales figures in the hundreds of thousands.
Business Model, Chanells, Metrics
We intend to position our brand as an affordable assistive technology solution for every person who stutters with clearly defined value proposition.
Competitors and Existing Alternatives
We have an underserved market.
Advantages or differentiators
There is no device on the market that works on the same or similar principle as Stuey.
Risks
Won the competition and other awards
Presence of invention or patent
Yes
Invention/Patent
We have national patent application for our electronic device and method.
Money will be spent on
1. Finalize product development 2. First series production 3. Brand and marketing management 4. Sales 5. Product endorsement 6. Operational costs