iMedGo

Mobile Medical Information, Monitoring & Emergency Solution

Founder : Jay Elliot
Location : California
Target : $5,000,000
Share Type : Convertible Note

Business Overview

The Company (“Project Care”) develops smart care mobile medical information, monitoring and emergency solutions. Key product components include:

  • Personal mobile emergency & security system. In case of emergency, patients press the HELP button, patients’ name, contact, and medical alert information will be transmitted automatically to emergency call center, with GPS/geographic tracking on current location. Also, the system allows the patient to send check-in message to hospital without an emergency notification. The app also allows patients to send out key medical alerts to emergency contacts (family, friends, doctors, etc.).

  • Using patch technology to measure critical medical indicators of health, including blood pressure, pulse, blood sugar level, health measurements, and temperature.

  • Access to hospital and medical group for hospital medical records, doctor connection for appointments, and update capability for personal records.

  • The Company’s revenue streams are mainly generated from service subscription fee from corporates, hospitals, and individuals. The number of subscribers in FY2016 is expected to be 855,000.


care   Screen Shot 2014-07-09 at 12.29.18 PM

Transaction Overview

The Company started with US$350K by founders. Currently, they are raising series A of US$5 million, among which US$3 million is committed. The round will be used to convert Beta customers including Concur, Caterpillar, and clients in China, as well as to begin marketing and business development.

Investment Highlight


  • One of few solutions to address the fast growing mobile medical information, monitoring and emergency markets: The app gives vital reading using mobile phone or tablet. Currently, there are 100 million smart phones in U.S., with 50 million emergency calls from smartphones. Also, there is major increase in internet self-diagnosis. It is estimated that global app based sensor market will grow from US$407 million to US$5,600 million from 2012 to 2017, with a CAGR of 69%. The mobile health apps market is expected to 500 million users in the next 2 years with a CAGR of 25%. Although there are 43,000 medical apps in the iTunes store, fewer than 50 is related to medical condition management.

  • Experienced management team: the founder & CEO is a senior executive in Apple Inc. and reports directly to Steve Jobs. He also has extensive management experience in IBM, Intel, and Migo. The senior management of business development team has a lot of industry experience from blue chip companies including Adobe, Microsoft, Apple, Canon and Migo. Board of directors includes professor at Chinese Academy of Preventative Medicine, Research Scientist at Stanford Medical Center, and CEO of top tier hospital in Silicon Valley.

  • Emergency response network over 100 countries: the Company’s operation backed by GEOS, the International Emergency Response Coordination Center. GEOS has established emergency response headquarters in the U.S., has highly trained emergency experts, and provides emergency response in over 100 countries with local language support. Also, it is a leading provider of satellite phone emergency services, monitoring over 600,000 devices.

  • Flagship customers: the Company is currently doing Beta testing with blue chip companies including Caterpillar and Concur. It also developed flagship customers in China through distributors like Sure & Rescue Alliance, which has 500,000 members, prior clients include China Mobile, HSBC, JPMC, UBS, New York Life, Pingan, ICBC, Bank of China, Cathay Pacific, and Huawei.

About Management Team

Available upon request.

About Our Product

We are a mobile response application that delivers 24/7 emergency response in 106 countries worldwide. We connect users to a dedicated international Emergency Response Coordination Center whenever and wherever you need it!

About Industry

The global app based sensor market will reach $5.6 Bn. by 2017 Screen Shot 2014-07-09 at 12.32.24 PM

Financials

About Competitor

Available upon request.

Exit Strategy

Available upon request.
Risk Warnings
Disclosure: Investing in startups carries a high degree of risk. In general, financial and operating risks confronting both early and developmental-stage companies, as well as more mature expansion-stage companies are significant. Many emerging growth companies go out of businesses every year. It is difficult to know how companies will grow, if at all, or what changes may occur in the market. A loss of an investors entire investment is possible and no profit may be realized. Investors are responsible for conducting their own due diligence. * It should not be assumed that recommendations made in the future will be profitable or will equal the performance of securities in this list
We are a mobile response application that delivers 24/7 emergency response in 106 countries worldwide. We connect users to a dedicated international Emergency Response Coordination Center whenever and wherever you need it!

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This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.




This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.




This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.