Photo - ZiO Health
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ZiO Health

We have developed proprietary biosensor technology.

United Kingdom
Market: Medicine
Stage of the project: Prototype or product is ready

Date of last change: 16.06.2020
Min investment
$  300.000
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Total required
$ 500.000
Rating
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Idea

Our initial product is Elosia; by using the Elosia product, you can gain confidence in your
body’s needs and optimize your health. The user will receive personalized advice to
improve their nutrition and lifestyle through regular molecular level testing.

Current Status

Manufactured 10,000 strips
Software developed and tested through alpha users
Beta users will begin in July 2020 followed by product launch in September 2020.

We are launching through B2B2C, specifically fitness centers (potential reach – 10m users). We will grow through fitness centers followed by growth through B2C and other B2B partnerships (eg. Insurance companies)

Problem or Opportunity

Lack of knowledge on personal health. No access to lab testing technology. High costs associated with existing options. Lack of support to improve personal nutrition & lifestyle.

Solution (product or service)

Testing biomarkers to screen and optimize health through personalized nutrition & health advice. Within 2 minutes, users will receive results and advice through the Elosia software app. Weekly testing will enable users to understand their body’ needs, increase performance, energy and overall health through personalized nutrition plans and positive lifestyle changes.

Competitors

Elosia: Vivoo (Screening & Wellness tests), Testcard (UTI screening only), Velieve (UTI screening only). Elosia offers disease screening & wellness tests.

Advantages or differentiators

Elosia: UK first mover. ZiO patented biosensor technology can offer a wider test range that can be used to test biomarkers in multiple sample types (urine, blood, saliva).

Money will be spent on

25% increasing R&D capabilities
20% sales and marketing
30% growing team
25% operations

Team or Management

5,00
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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