Vitadio
Digital therapeutics for type 2 diabetes: AI-driven lifestyle modification therapy improving insulin resistance in type 2 diabetes patients.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | €3.0m | Seed | |
| Total Funding | 000k | ||
| EUR | 2020 | 2021 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 57 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (228 %) | (522 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Vitadio is a German-based health tech startup that operates in the digital healthcare market, specifically targeting individuals with Type-2 diabetes. The company's primary offering is a mobile application that provides users with a comprehensive lifestyle management plan. This includes advice on nutrition, exercise, and sleep habits, all aimed at stabilizing blood sugar levels and promoting weight loss. The app is designed to simplify daily routines and promote healthier habits, without the need for strict diets or excessive exercise.
Vitadio's business model is unique in that it offers its app on prescription, meaning it is 100% covered by the German Statutory Health Insurance (GKV). This makes it accessible to a broad range of individuals who might otherwise struggle with the costs of managing their condition. The app's features include meal suggestions, exercise prompts, and sleep tips, all tailored to the individual's needs and lifestyle.
The company's revenue comes from the prescriptions filled by users, paid for by the GKV. This model not only provides a steady income stream for Vitadio but also aligns with the broader trend towards preventative healthcare, which can reduce long-term costs for insurance providers.
In summary, Vitadio is a health tech startup that leverages digital technology to provide personalized lifestyle management plans for individuals with Type-2 diabetes. Its business model is based on prescription revenue, making it a unique player in the digital healthcare market.
Keywords: Health Tech, Digital Healthcare, Type-2 Diabetes, Lifestyle Management, Nutrition, Exercise, Sleep Habits, Prescription App, German Statutory Health Insurance (GKV), Preventative Healthcare.