
Qinematic
Makes software for 3D analysis of static and dynamic posture by screening human movement and balance.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 Valuation: €0.0 527.6x EV/Revenue -73.6x EV/EBITDA | round | |
N/A | Support Program | ||
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 1815 % | (33 %) | (71 %) | 13 % | 84 % | 44 % | 26 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (78 %) | (185 %) | (717 %) | (1166 %) | (217 %) | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (131 %) | (270 %) | (1069 %) | (1644 %) | (394 %) | (363 %) | (135 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Based in Stockholm, Sweden, Qinematic is a digital health company established in 2012 by Glenn Bilby, an Australian sports scientist and physiotherapist with over 30 years of experience in human performance and health services innovation. Bilby's extensive background as a physiotherapist in elite sports and his academic roles, including managing a healthcare transformation course at the Karolinska Institute, directly shaped the company's mission to make the scientific measurement of human movement accessible and affordable. The company name itself reflects this goal, merging "Quick" with "Kinematics" (the science of human movement) and also referencing "Qi," the concept of vital energy in traditional medicine.
Qinematic develops business-to-business digital health software and services for recording, analyzing, and visualizing human movement. The company's core offering is a software suite that transforms off-the-shelf hardware, like a gaming PC and a 3D sensor, into a sophisticated, markerless movement analysis lab. This system, featuring products like 'Posture Scan' and the 'Moovment' software suite, conducts a self-service scan in approximately four minutes to create a digital twin of the user. It then employs machine learning and biomechanics algorithms to provide instant animated feedback, electronic reports, and objective metrics on posture, balance, and movement control. The software is not intended as a medical device for diagnosis but as a tool to monitor performance and support decision-making for preventative care and wellness.
The business operates on a Software as a Service (SaaS) model, licensing its software to a diverse client base that includes physiotherapy clinics, gyms, fitness centers, workplaces, and insurers. These professional clients use the platform to conduct detailed movement assessments, track client progress over time, and prescribe corrective exercises delivered via a connected mobile app. This enables health and fitness professionals to move beyond simple visual observation to a data-driven approach for creating individualized wellness and exercise programs. By aggregating practice-based evidence, Qinematic aims to build a substantial database of functional measures to further refine personalized health advice.
Keywords: movement analysis, 3D posture scan, digital health, HealthTech, biomechanics, markerless motion capture, physiotherapy technology, preventative health, corporate wellness, fitness assessment, human movement science, SaaS, objective measurement, corrective exercise, digital twin, balance assessment, movement control, sports science, telehealth, Moovment