Photo - Lumirous Sdn Bhd
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Lumirous Sdn Bhd

Online Platform for fertility and reproductive health.

Malaysia
Market: Services
Stage of the project: Operating business

Date of last change: 28.03.2023
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Idea

Lumirous is a one-stop fertility and reproductive health platform. We are FemTech startup. This platform is created with the sole purpose of supporting those who are facing and looking for a solution to their fertility and reproductive health issues, as well as raising the public's awareness about fertility and reproductive well-being. We are devoting ourselves to building a solid support system for everyone when they are facing fertility and reproductive health issues.

Current Status

Pre-Seed Round

Market

In 2019, Global Fertility Market Size was about USD15 billion. We are expecting to reach USD27 billion by 2026.

Global Fertility Tourism Market Size was US4 billion in 2018.

Problem or Opportunity

Infertility is a global public health issue.
-1 out of 6 couples suffers from infertility.
-15% of couples are unable to conceive a child after a year of having unprotected sex.
-By 2025, about 10 million couples will encounter problems in having a baby.

Patients are struggling to maintain a positive mindset during their fertility journey. Also, there are too many information on the internet regarding infertility so people don't know which information they should follow and what to start.

Solution (product or service)

This platform is created with the sole purpose of supporting those who are facing and looking for a solution to their fertility and reproductive health issues, as well as raising the public's awareness about fertility and reproductive well-being. We are devoting ourselves to building a solid support system for everyone when they are facing fertility and reproductive health issues.

Competitors

Famione
Sugucare
Maven
mynestwell
FertilityDoc

Advantages or differentiators

Firstly, we believe "Empathy" is a crucial points especially for coaching/counselling. Other competitor's website are just listing coach/counsellor's basic (very brief) information.
Thus, Lumirous list each coach's in depth profiles so that patients can find a coach who they think are easier to talk to and also prevent mismatches.

Business model

B2C
B2B

Money will be spent on

50% Marketing and Branding
30% Tech Development
20% Operation Expenditure

Team or Management

5,00
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