Meet the founder of Raccoon.Recovery - equipment for remote physical rehabilitation

Meet the founder of Raccoon.Recovery - equipment for remote physical rehabilitation

Date: 28.04.2020 - 28.04.2020  | 16:00
Location: webinar
Link to register: https://zoom.us/webinar/register/WN_Kjr7cRmOSsu38RnxX_G6sQ

Raccoon.Recovery is a tool for remote physical rehabilitation after injuries and neurological diseases, which provides better results for patients and saves time.

The best rehabilitation results are achieved by:

  • gamification;

  • tracking patient progress;

  • remote monitoring capabilities.

Raccoon.Recovery holds Bridge Round to close the costs. Syndicate check is $150k. Network VC Syndicate Fund invests $30k and $70k is available for investment. You can enter a transaction with a minimum check of $10k.

Rehabilitation problems

  •  275 million patients with long-term physiotherapy worldwide annually. 

  • 7 out of 10 patients do not recover. Patients drop out because treatment is ineffective, uncontrolled, and rather boring.

  • Due to a long expensive education and low salaries, physiotherapists are in the TOP-3 specialists whose lack is observed in the market

  • EU and US rehabilitation centers lose 21 billion euros each year

Decision

  • A personalized solution for rehabilitation after injuries and neurological diseases, created on the basis of Machine Learning and Big Data, using existing video games

  • Physiotherapists optimize time

  • Patients gain access to timely and effective physiotherapy

Business Model and Scaling

Pricing: One-time payment 249€ to buy devices + monthly subscription for clinic 400€ + 20€ per each patient account.

Customers are rehab centers with scaling government agencies (DVG in Germany) and an insurance company (PZU in Poland).

Collaboration and work with:

  • German Olympic Committee rehabilitation center network

  • Charite and Max Planck institutes, Germany - a pilot solution based on artificial intelligence health insurance companies in Germany (AOK and TC)

Customers

  • public and private physical rehabilitation centers in the EU

  • insurance and government programs

  • directly to end users (B2C)

About the project in numbers

  • Design Concept - December 2017

  • Product launch - August 2019

  • Revenue in 2019 - €112k

  • Forecast for 2020 - €700k

  • LTV 24 months

  • IPO entry in 3-4 years


Command

  • 16 employees: (8 - full time, 8 - partial)

  • Offices: Berlin, Kiev

  • Production: Kiev


Raccoon.Recovery Achievements

  • Graduate of startup school Y Combinator

  • Accelerator graduate Startupbootcamp Digital Health Berlin

  •  TOP 12 companies in TeleRehabilitation by Fortune 100

  • TOP 40 European Startups in Healthcare

  • TOP 35 best world startups by Startup World Cup 2019 (out of 30 000 participants)

  • granted by Horizon2020

  • Supported by World Health - Organization and German Olympic Committee

Register for the presentation webinar with the project founder Svetlana Malovanna. You will find out why we decided to invest in a startup, and you can also ask interesting questions.

Register here: zoom.us/webinar/register

The meeting will be held in the format of the presentation + questions and answers.



Date of publication: 19.03.2020

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