Care Dream
Social venture care is starting with the care vest HUGY, a developmental disorder, creating innovation technologies and products for people with autism, including autism.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | N/A | Seed | |
| Total Funding | 000k | ||
Care Dream (dolbomdream.com), established in South Korea in March 2020, operates as a mental healthcare-focused social venture. The company was founded by CEO Jihun Kim, whose background in business and technology management at KAIST and experience volunteering at a welfare center inspired the venture. Observing the long wait times for treatment and the use of weighted vests for children with developmental disabilities, he envisioned a technology-driven, gentler alternative.
The company's primary offering is the HUGgy smart vest, a therapeutic device designed for individuals with developmental disabilities, including autism, to alleviate stress and anxiety. The vest employs Deep Touch Pressure (DTP) technology, mimicking the calming sensation of a hug through an AI-controlled air pressure system instead of weights. This system uses contactless biometric sensors to monitor the user's physiological state, such as heart rate, allowing the vest to automatically apply optimal pressure based on real-time data. Caregivers can monitor these biometrics and control the vest via a mobile application connected to a cloud server where the data is stored and analyzed. The vest itself is constructed from antibacterial, eco-friendly fabric and has a casual design for daily use.
The business model encompasses several revenue streams, including direct sales and rentals of the HUGgy vest, as well as subscription services. The company also plans to introduce a remote mental therapy platform. Operating in the health-tech and wearable device market, Care Dream targets both individual consumers and institutions such as therapy centers and schools. The product has received recognition, including a CES 2022 Innovation Award, and CEO Jihun Kim was named to the Forbes Asia 30 Under 30 list. The company has secured seed funding and participated in accelerator programs to expand its reach and develop further products.
Keywords: mental healthcare, developmental disabilities, deep touch pressure, smart vest, assistive technology, autism support, wearable technology, biometric sensors, anxiety relief, stress reduction, social venture, health-tech, KAIST, HUGgy, remote therapy, special needs care, sensory integration, AI healthcare, contactless monitoring, Jihun Kim