Photo - Somavedic Technologies
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Somavedic Technologies

Frequency therapy device

USA, California
Market: Medicine
Stage of the project: Operating business

Date of last change: 16.04.2020
Min investment
$  500.000
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Total required
$ 2.000.000
Rating
equalizer из 1000
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Idea

Mitigating the negative effects of EMF radiation on our bodies, so we can sleep better, focus better, experience fewer headaches and be more productive during the day.

Current Status

We have a product-market fit. This year we sold 800 Somavedics in the US. Our revenue this year is $633k

Overall we sold 7.000+ devices through the world in 2019

Market

Sleep Industry & Workplace wellness - 120 billion $

Problem or Opportunity

There are thousands of studies showing the negative effects of EMF (electromagnetic radiation) from cell phones, BTS towers, WiFi routers, etc, on our bodies and cells. Some even linking WiFi exposure to lowering of our body's immunity. This exposure may also manifest into bad sleep, headaches, nervousness or brain fog, etc.

All of these symptoms lead to low quality of health, life, and low productivity at work.

Solution (product or service)

This is where Somavedic might help.

Different tests showed that when we are in Somavedic's field, some of our biomarkers are improving. For example blood pressure, Free radicals levels, there's a better movement of red blood cells, etc.

This is translating into better sleep, fewer headaches, more energy or better focus during the day. People also feel more relaxed or calmer when around Somavedic. They are also more productive.

All of this is helping our body to retain more energy and work on self-healing.

Competitors

https://www.blushield-us.com
https://elinkemf.com
www.shopqlink.com

Advantages or differentiators

Hand Made
No “White Noise” creation
Design

Almost ready integration into Apple SmartHome

Finance

Our average order is $791

Our margin is on average 52%

We mainly sell B2C, in the Q2 we'd like to start B2B

Given what we have achieved already in Europe, we are sure to repeat the success and achieve $100mil in revenue in 2024.

Business model

We produce and sell our products mainly B2C

Money will be spent on

Marketing, HR, Expos, clinical studies

Offer for investor

We'd like to keep this for personal meetings

Team or Management

Risks

We plan an FDA approval - it might take longer than expected. Right now we are in the health&wellness space.

Potential slower adoption in the corporate world.

Photos

Photo 1 - Frequency therapy device
Photo 2 - Frequency therapy device
Photo 3 - Frequency therapy device
Photo 4 - Frequency therapy device
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video