iCare
Date of Foundation
2024

iCare

Innovative Home Care Monitoring Platform

The Idea origin story

Our startup, iCare, is an advanced home care monitoring platform that uses a unique data integration system. We analyze real-time data inputs from widely-used devices such as wearables, smartphones, alarms, and remotely accessible sensors. Our system is keenly designed to detect when an individual at home requires immediate attention, promptly alerting caregivers or emergency services of their condition, thus providing a proactive approach to home care.

The Mission

To improve outcomes for at risk individuals who are alone

Clients

middle aged people who have aging parents or children

Problems we solve

Client’s problem

peace of mind, noninvasive monitoring, immediate alerts when in need

Confirmation of problem

aging population is projected to grow rapidly and many people want to stay living in the comfort of their home

Solution

Our solution rests on a unique home care monitoring platform, fostering an environment of safety and trust by offering nonintrusive tracking, instant alerts during emergencies that provide peace of mind to our clientele mainly comprising middle-aged individuals with elderly parents or young children.

Our technologies

This solution is based on technologies

Our startup, iCare, offers a unique home care monitoring platform that detects anomalies in health vitals and notifies caregivers instantly. Our mission is to provide proactive care for at-risk individuals living alone. We cater to middle-aged people concerned about their aging parents or children's well-being. Offering peace of mind through non-invasive monitoring and immediate alerts during emergencies are key problems our solution addresses.

How it works

based on individual needs a custom monitoring package is put together in order to provide the level of safety they need with the maximum privacy

Value for the client

iCare provides peace of mind with real-time, noninvasive monitoring for at-risk individuals, ensuring immediate alerts and response when needed.

Market and strategy

Market size

500

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Katrina Siegfried and Gabriel Bales

My key role in the product

My key role is a Cofounder and I'm responsible for strategic planning, product development, and ensuring our startup's overall success.

Team size and key members

Our team comprises of two co-founders - Katrina Siegfried and Gabriel Bales. We're currently open to onboarding talented individuals passionate about our startup vision.

Competitors

Competitors

Possible competitors could include existing home care tech providers that offer integrated services, various IoT companies working in the healthcare domain, and telehealth software platforms.

Our Advantages

Our product leverages your current hardware across various platforms, eliminating the need for costly equipment investments. It's designed to work seamlessly with what you already own, offering immediate usability.

Business model

freemium subscription, advertising, resell of additional hardware

Traction

Our product has evolved from a mere idea to a tangible entity through strategic planning, focused execution and rigorous testing. We've progressively fine-tuned it based on constant user feedback, market demands and competitive analysis to offer unique value.

Metrics

Our product metrics revolve around subscriber growth, tracking paid conversions and monitoring subscription renewals. These key indicators help us understand user engagement levels and revenue sustainability in real time.

Incorporation

Our company incorporated in

Key risks

The main risks include uncertainties with data privacy regulations, potential technical glitches in real-time monitoring, market acceptance of noninvasive tracking methods, and ongoing maintenance of device compatibility.

Investments

$

We raised investments

Our Investors

Rising Investments

$

Currently, we are raising investments

$

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

Idea