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La Comanda srl

TRILLIO

Italy
Market: Medicine, Insurance, Pharmacology
Stage of the project: Prototype or product is ready

Date of last change: 21.05.2020
Min investment
$  50.000
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Total required
$ 1.000.000
Rating
equalizer из 1000
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Idea

Support seniors to respect adheence, keep them connected with caregivers, remote caregiving and avoid useless hospitalizations

Current Status

Ready to market. Already validated on 3 live pilot projects (Red Corss Spain, Public Health Czech republic, Insurance Italy)

Market

all people older than 65. We know penetration of smatphone and apps is very low, they are not familiar with technology.
Trillio is very easy to use and they are willing to adopt it.
Globally 650Millions 65+ people.65+ aged people:
globally: 650M
Europe: 101M
USA: 50M
China 147M
...

Problem or Opportunity

People forgetting medications require useless hospitalizations. this cause 200'000 death in Europe every year and a waste of €130 billions every year.

Solution (product or service)

Trillio is a connected very easy tool for seniors (works like an alarm clock). It reminds medications, it's remotely setup and connected with caregivers.
When patient forget to take a medication the caregiver is alerted via email and SMS.
Trillio avoids useless hospitalizations and offers a range of remote caring services.
It's bluetooth equipped and can provide an early stage self-diagnosis of COVID-19 from home with check of Oxygen blood saturation rate.

Competitors

Smartphone apps (not very used by seniors but still supported by industry)
Dispenser (not very useful tools)

Advantages or differentiators

Easyness of use is the key differentiator.
Trillio got many awards in terms of design and usability.
To be successfull in offering a solution for seniors we must ensure the willingness of adoption. We proved this in our pilot projects

Finance

Our strategy is B2B. We sell to organization and work together on go-to-market strategy.
Street price suggested is service subscription fee, value depends on country and level of services. Range is between 7 and 19USD per month
With proper go-to-market we can assume a first phase of 100'000 units the first year, increasing in the following years basing on demand and production capability

Business model

We sell B2B
Business model is customer lifetime value.
Subscription recurrent fee.
Margins are very high, close to 85-90%

Money will be spent on

Marketing
Go-to-market
Startup of mass production
Top clients customizations/integration
Development of roadmap (R&D, etc)

Offer for investor

Equity

Team or Management

Risks

Support of caregivers. They must be proactive to monitor and support the seniors/patients.
A proper marketing and education of caregivers is key part of marketing campaign

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

Horizon2020 phase 1
ADI: Italian Design Association
Regione Lombardia: seal of excellence

Invention/Patent

Patented in Italy
Pending in EU and USA

Photos

Photo 1 - TRILLIO
Photo 2 - TRILLIO
Photo 3 - TRILLIO
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video