Photo - From Sports to Medical - Wearables that Heal
35133

From Sports to Medical - Wearables that Heal

Israel
Market: Medicine, Tourism, sport, Electronics, Artificial Intelligence, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 24.01.2019
Min investment
$  100.000
Total required
$ 2.000.000
Rating
equalizer 204 из 1000
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Idea

Smart Clothing powered by a Health Coaching App that accelerates healing and promotes pain relief.

Current Status

Functional Prototype - Device
Functional Prototype - App
Setting up Pilot Program for Testing

Market

USA
UK
China

Problem or Opportunity

Sports Injuries
Pain
Opioid Crisis

Solution (product or service)

Clothing that Heals and Relieves Pain without Drugs

Competitors

Quell
iTENS
Opioids

Advantages or differentiators

Not TENS
Adaptive, Optimized
Smart Clothing that Heals - Comfortable and Fashionable

Finance

Multiple Revenue Streams
Consumer Product
Professional Product
SaaS
Freemium
Data

Business model

B2C
B2B2C

Money will be spent on

R&D 50%
Marketing 30%
G&A 20%

Offer for investor

Looking for either

A. Strategic Investor with Distribution Network for total round of $2MM (that we plan to leverage with grants to a $5MM budget)
or
B. Angel Investor for $200K up to $500K

Team or Management

Risks

For First Product Line - Challenges have Been Solved
For Second Product Line - Developing Conductive Stretchable Washable Ink

Incubation/Acceleration programs accomplishment

No Incubator
Awarded Grant from Israel Innovation Authority for $500K

Won the competition and other awards

Won Grant from Israel Innovation Authority for $500K

Invention/Patent

Patents Pending
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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
Product Video