IntendiMe

IntendiMe

Improves the life of Deaf and Hard of Hearing people, making them feel more independent, free and safe.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
investor

€0.0

round
*

€2.3m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues00000000000000000000
% growth-841 %(29 %)(129 %)(163 %)
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(79 %)(83 %)(142 %)725 %(100 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about IntendiMe
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IntendiMe is a technology firm focused on the assistive solutions market, specifically catering to individuals who are Deaf or hard of hearing. The company's genesis stems from the personal experiences of co-founder Alessandra Farris, who, as a child of deaf adults (CODA), possesses a profound understanding of the daily challenges faced by this community. This intimate perspective was the catalyst for the company's creation. Founded in 2014 by Farris, Antonio Pinese, and Giorgia Ambu, the venture originated from the ContaminationLab at the University of Cagliari. They were later supported by Leonardo Buffetti, a deaf electronic engineer who helped develop the initial prototype.

The company's core offering is a patented system named KitMe. This product is engineered to enhance the independence and safety of its users by detecting household sounds and translating them into real-time tactile and visual alerts. The KitMe system consists of three main components: universal sound sensors, a smartwatch, and a mobile application. The portable sensors, which utilize a MEMS microphone and a piezoelectric capsule, can be attached to any sound source, such as doorbells, alarms, or appliances. When a sound is detected, a signal is transmitted via a dedicated radio protocol to the smartwatch, which then vibrates, lights up, and displays a text notification identifying the source of the sound. This approach allows users to be aware of crucial auditory events in their environment, whether at home, in the office, or while traveling.

IntendiMe operates on a product sales model, making KitMe available for purchase through its e-commerce platform. The business has shown steady growth, securing multiple funding rounds. After an initial proof-of-concept investment of €75,000 in February 2019, the company raised €500,000 in July 2019 and a significant €2.3 million Series A round in May 2020, led by the Vertis Venture 3 Technology Transfer fund. These funds were earmarked for market entry, continued research and development, and team expansion. A key aspect of the company's philosophy is inclusion, which is reflected in its customer service team, composed of both deaf and hearing individuals to ensure accessible support.

Keywords: assistive technology, deaf community, hard of hearing solutions, sound detection system, wearable alerts, KitMe, smart home accessibility, acoustic monitoring, vibration notification, Alessandra Farris, ContaminationLab, assistive devices, sound sensors, real-time alerts, independent living, IoT for accessibility, hearing loss technology, sensory substitution, smartwatch for deaf, accessible customer service, auditive sensors

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