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Short Summary
AI-powered Fall Protection Vest for seniors; Exclusive distributorship; Product used in Singapore, Australia & the USA for the elderly community; New medical technology; Patented technology; Convertible to equity ownership; Fixed interest investment.
Highlights
- 3-4% fixed monthly interest income | 1 year renewable
- 20% discount from SRP for investors | Limit of 5 vests per year
- AI-powered, patented posture and falling learning technology
- Open for dealership starting with just 10 units
- Fake proof mac address per vest to ensure integrity and reliability
Overview
| Target | 200,000,000 |
| Minimum | 500,000 |
| Investment Raised | 0 |
| Previous Rounds | 0 |
| Stage | Breaking Even |
| Investor Role | Any |
The Business
Problem: Falls are a leading cause of injury and loss of independence among seniors. Traditional fall protection measures are often inadequate, leading to severe consequences for the elderly community. Solution: The Fall Safe Senior Vest is an AI-powered wearable designed to protect seniors from falls. With a microchip that detects motion 200 times per second and inflates in just 0.18 seconds, the vest provides immediate safety. Made with durable OPW airbags and wear-resistant fabric, backed by over 20 patents, our technology ensures maximum reliability and innovation in senior safety. Key Points ? 5 years of R&D ? AI technology ? 200 detections/second ? Inflates in 0.18 seconds ? OPW airbags ? Wear-resistant fabric ? 20+ patents
The Market
Total Addressable Market (TAM) Philippines Population (2023): Approximately 113 million ? (60+): Approximately 8% of the population ? (60+): 9 million Assumptions: Product Price per Unit: PHP 70,000 Total Elderly Population: 9 million Serviceable Available Market (SAM) Target Market Reach: ? 50% of the elderly population who are more likely to invest in safety products ? Reachable Elderly Population: 4.5 million Initial Market Penetration: 10% of the SAM Initial Customer Base: 450,000 SOM Calculation: Initial Market Size: 450,000 x PHP 70,000 = PHP 31.5 billion Summary ? TAM (Total Addressable Market): PHP 630 billion ? SAM (Serviceable Available Market): PHP 315 billion ? SOM (Serviceable Obtainable Market): PHP 31.5 billion
Progress/Proof
Sata Comm Health based in Singapore a well-known facility, that serves and takes care of roughly 200,000 elderly monthly, is currently using our fall-safe senior vest technology to protect their vulnerable elderly patients. Currently, there are 3 colours: ? Maroon ? Black ? Grey Sizes will be available starting from medium to 3XL. Actual products are already inbound and will arrive this September 2024.
Objectives/Future
? Year 1: Content Marketing: Publish blogs, articles, and video tutorials on elderly care and fall prevention. E-commerce Listings: Optimize product listings on LazMall (Lazada) and Shopee Mall with high-quality images and descriptions. Payment Partnerships: Establish partnerships with pay later platforms like Atome, Home Credit, and BillEase. Influencer partnerships and medical endorsers ? Year 2: Roll out of monitoring app Focus on growing b2b network: Establish supply partnerships with medical suppliers and hospitals Establish dealerships nationwide ? Year3: Roll out the conversion of notes to investors Offer a subscription program that covers maintenance and monitoring
The Team
Fall Safe technology is the product of 5 years and continuous research and development of different technologies from, Germany, the USA and China, integrating the best every country has to offer in terms of biomechanics, artificial intelligence and safety.
Dr. Emily Wilson
Lead Researcher and Biomechanics Expert
John Smith
Product Manager
Michael Chen
Industrial Designer
The Deal
Looking for PKR 248,000,000 - Min per Investor PKR 500,000 Loan with a fixed interest rate ? 1st year - 2nd year: 3% 1 Million below; 4% 1Million and up; ? 3rd Year: Conversion of 1 million to 1% share of the company with a 3% monthly interest rate as a safety net whichever is higher