Photo - Lumirous Sdn Bhd
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Lumirous Sdn Bhd

Online Platform for Fertility Treatments

Malaysia
Market: Tourism, sport, Services
Stage of the project: Operating business

Date of last change: 18.11.2020
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Idea

Our main aim is to provide and easily accessible platform for patients worldwide to book an appointments for online fertility coaching sessions and provide an online booking platform for fertility treatments all around the world.

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)

Lumirous provide online fertility coach sessions to the patients so that they can get an advice and also get emotional and physical support from fertility coaches.

Competitors

Famione
Sugucare
Better Help
Fertility Clinics Abroad
EggDonation Friends

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.

Finance

We take around 10-20% commission from fertility coaching sessions.

We take around 10-20% commission from fertility clinics.

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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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