Veyra
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Date of Foundation
2024

Veyra

Putting data in patient's hands

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The Idea origin story

My startup, Veyra, is revolutionizing patient care by placing critical health data directly into the hands of patients. Through an intuitive mobile app, we alleviate the extensive time spent manually inputting data by medical staff, enhance coordination for patients frequently visiting various hospital systems and improve the management of chronic conditions across different health systems. Veyra simplifies the healthcare experience, saving time, increasing efficiency, and ultimately results in improved patient outcomes.

The Mission

"Empowering patients with their own health data via our app, Veyra: enhancing care coordination, chronic disease management, and efficiency."

Clients

all patients, especially those with chronic diseases. people that move around a lot and benefit from having all health records in one place.

Problems we solve

Client’s problem

“I feel like, as a nurse, I spend most of my shift just verifying information and making sure it’s accurate. I spend so much of my time on records doing that.” -- HUP Nurse “Patients come in with a large manila folder of their healthcare information... and it’s difficult, especially for patients in the middle of the night and we can’t request records” -- HUP ED Nurse

Confirmation of problem

The actuality of the problem is confirmed by nursing professionals who spend precious hours managing patient data and struggling with unavailable health records.

Solution

Our solution is a patient-owned, digitally transferable health data system using a refreshable QR code. It enhances traceability, reduces administrative burden and improves efficiency in healthcare.

Our technologies

This solution is based on technologies

Veyra uses a mobile app for user interaction, cloud storage for reliable access, blockchain for secure transfers, and QR codes for seamless data sharing between patients and medical professionals.

How it works

Veyra empowers patients to securely store, manage and share health data via a QR accessible by medical professionals, streamlining healthcare.

Value for the client

Veyra gives patients control over health data with secure, real-time access. It eases provider workload and streamlines care coordination.

Market and strategy

Market size

12.9

mln/year

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

Market share goal

130

% of the market

Is our goal in the next 3 years

Team

My name’s

Analia Cuevas-Ferreras

My key role in the product

As the co-founder of Veyra, I'm entrusted with driving our strategic vision, steering product development, building alliances for adoption, and leading our team towards success.

Team size and key members

Our current team includes medical student Sally Nijim and web designer Haniel Ogburu-Ogbonnaya, while Morganne Ramsey and I cover various roles. Moving ahead, it would be beneficial to add professionals like a business strategy expert for devising growth plans, a data scientist to leverage patient data optimally, and possibly legal counsel specializing in health regulations if we're dealing with sensitive patient information.

Competitors

Competitors

While my competitors include MyChart, Apple Health, Google Fit, and Heme Health among others, they mainly lack Veyra's major strengths: patient-controlled data-sharing focus, robust medical data management functionality or seamless integration with healthcare systems.

Our Advantages

Wharton's recommendation: Veyra uniquely offers patient control over health data, with secured blockchain integration and real-time accessibility through QR codes. We go beyond just data storage by streamlining provider interaction, greatly easing healthcare management for patients.

Business model

Veyra gains revenue through B2B partnerships, licensing data security services and platform subscriptions, ensuring patient privacy.

Traction

We are currently in the developmental phase of our product, rigorously working towards the build-out of an innovative and robust MVP.

Using raised funds, we'll finalize our MVP, engage early adopters, establish B2B partnerships and launch marketing campaigns. We anticipate a fully functional app wielding an extensive user base and viable revenue model by the time current resources deplete.

Metrics

At Veyra, we track key metrics such as active healthcare partnerships, data exchange volumes, patient engagement levels and data integration success to ensure robust platform performance.

Incorporation

Our company incorporated in

not yet incorporated

Key risks

The primary risks of our startup include potential data security breaches, stringent healthcare regulations, patient adoption barriers due to technology unfamiliarity or distrust.

Investments

$

0

We raised investments

Our Investors

no investors as of yet

Rising Investments

$

we want to raise funds to pull together a mvp

Currently, we are raising investments

$

0

Estimated pre-investment valuation of the company

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We’re looking for a co-founders

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Additional information

Veyra
MVP
Date of Foundation
2024