VitalWave
Date of Foundation
2017

VitalWave

Revolutionizing Non-Contact Vital Sign Monitoring

The Idea origin story

VitalWave is a cutting-edge startup dedicated to redefining patient monitoring through wireless, non-contact technology. Our innovative device measures key vital signs such as heart and respiration rate, body temperature, and SpO2 levels, transmitting this data in real-time to ensure prompt and effective medical response.

The Mission

VitalWave can provide the most important medical information for patient monitoring or triage- at home or in the field.

Clients

There are multiple end users and form factors the technology can operate - hospital settings, first responder field triage, home based patient monitoring.

Problems we solve

Client’s problem

The collection of vital signs can be time consuming or sometimes impossible in certain situations.

Confirmation of problem

The current methods of vital sign data collection are labor-intensive, slow, and often not feasible in many urgent situations.

Solution

Our solution involves using groundbreaking technology to monitor vital signs without physical contact, easing the process in various settings.

Our technologies

This solution is based on technologies

VitalWave is revolutionizing patient monitoring via a non-contact, wireless solution that measures and transmits vital signs real-time, enhancing the speed & efficacy of medical responses in hospitals, field triages or home settings. This addresses the issue of time-consumption and impossible scenarios often faced in collecting critical health information.

How it works

using UWB Radars and Optical lenses we can scan a patient without contact

Value for the client

VitalWave offers non-contact real-time vital sign monitoring, ensuring prompt medical response for users in hospitals, homes or the field.

Market and strategy

Market size

30

mln/year

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

Market share goal

3

% of the market

Is our goal in the next 3 years

Team

My name’s

Loxie Gant

My key role in the product

My key role is to identify strategic partners and I'm responsible for establishing collaborative relationships that drive mutual growth.

Team size and key members

We're led by two accomplished CEOs with previous successful ventures. Our team is currently being built to extend our capabilities and ensure success.

Competitors

Competitors

While there are existing solutions, they still require patient contact and human intervention. Our startup is transforming the scene by offering non-Contact vital sign monitoring which sets us apart. Potential competitors could be other digital healthcare startups aiming to simplify patient care through technology innovation while reducing the need for direct patient contact and involvement of medical personnel.

Our Advantages

Our innovative tech transforms dreams into reality, revolutionizing not just medical applications but driver monitoring, workplace health, military triage and robotic inspections. Unlimited possibilities; one game-changing solution.

Business model

We can generate profits from device sales and collect money from technology partnerships

Traction

We're nearing the final stages of our product development, with TRL 7-8 on multiple aspects. We stand prepared to engage with FDA approval processes for two iterations of our innovative solution.

We're prioritizing strategic alliances that can propel us into new markets, over significant investments. Our growth is more about connections and collaborative ascend, instead of hefty funding.

Metrics

We have consistently honed our metrics gathering process and debugged the software to optimize its performance. This has allowed us to enhance product quality, deliver seamless user experiences, and overall improve customer satisfaction.

Thanks to several government grants invested in our technology, we're currently debt-free. Our financial metrics are robust as all costs so far have been met with internal investment, hence maintaining a 100% equity stake at this stage.

Incorporation

Our company incorporated in

Delaware

Key risks

The primary risks for our startup could be regulatory approvals and competition. As we are in the health technology sector, compliance with stringent regulations is mandatory. Similarly, standing out amidst intense competition requires consistent innovation and value creation.

Investments

$

Current internal investment is $200,000 and we have received Department of Defense grants for over 6 million dollars.

We raised investments

Our Investors

We, MaXentric Technologies LLC owns 100% of the company and the IP.

Rising Investments

$

We don't have a number at this time.

Currently, we are raising investments

$

Unknown

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

MaXentric Technologies, the parent company of VitalWave, boasts a 20-year successful track record in research and development.

Growth