Spike Diabetes Assistant
Mobile assistant that helps diabetics better manage their diabetes.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | $100k | Grant | |
| Total Funding | 000k | ||
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Spike Diabetes Assistant is a healthtech company that has developed a mobile application to aid individuals in managing diabetes. Founded in 2017 by Ziad Alame, who is diabetic himself, the company originated from his personal need for a more effective management tool. Based in Beirut, Lebanon, Spike operates in the digital diabetes management market, providing a proactive and personalized assistant for patients. The company has secured $150K in seed funding to support its development and growth.
The core of the business is a mobile application that functions as a personal assistant for diabetics. It monitors a user's daily activities, routines, and vital signs collected automatically from sensors and wearables, aiming to reduce the burden of manual data entry. The app provides timely reminders for medication, as well as recommendations for food and activities. One of its features includes offering healthy meal suggestions when a user enters a restaurant. For example, it can analyze stress levels via heart rate and alert a user about potential hypoglycemia. The platform is designed to learn from user patterns to provide proactive suggestions before a glycemic event occurs.
Data collected by the app can be shared in real-time with doctors and caregivers, who are alerted if any unusual patterns are detected. The application supports integration with over 10 different glucometers and various wearable devices. While the app is free for diabetic individuals, the company's revenue model targets insurance companies and self-insured employers. The value proposition for these clients is the potential reduction in healthcare complications and associated costs, demonstrated by early results showing improved medication adherence and better health outcomes for users. The company has also established a medical and research partnership with King's College Hospital of London.
Keywords: diabetes management, mobile health, digital health, healthtech, personal health assistant, glucose monitoring, insulin reminder, diabetes app, chronic disease management, proactive healthcare, Ziad Alame, remote patient monitoring, digital therapeutics, mHealth, wearable integration, Lebanon startup, Seedstars, health data analytics, medication adherence, diet management