Photo - Synsal, Inc.
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Synsal, Inc.

Programmable device capable of detecting COVID19

USA, California
Market: Medicine, Blockchain, Crypto currency, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 02.04.2020
Min investment
$  250.000
Show contacts
Total required
$ 5.000.000
Rating
equalizer из 1000
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Idea

We invented a patented wellness device for the mass market, it is a programmable and capable of measuring a wide array of wellness panel in situ, the users exclusively own their data and monetize it on our network. The device is also capable of detecting COVI19 and performing serological tests. This technology employs in part micro-plasma based on the 2018 Nobel Prize in Physics.

Current Status

7 patents, working prototype (MVP)

Market

Global wellness market and health data estimate at TAM of more than $2T

Problem or Opportunity

40% of world have preventable life-style related illnesses costing $2T. Health and wellness data are not owned by users

Solution (product or service)

We invented a patented wellness device for the mass market, it is a programmable and capable of measuring a wide array of wellness panel in situ just from a few drops of blood, the users exclusively own their data and monetize it on our network. The device is also capable of detecting COVI19 and performing serological tests. This technology employs in part micro-plasma based on the 2018 Nobel Prize in Physics. We use this device to help people change their lifestyle and remain healthy, also monetize their data

Competitors

Fitbit, Apple, Samsung, Abbott

Advantages or differentiators

The only device for the mass market that can measure full panels of blood drops and bodily fluids at home, data is owned exlusively by the users and monetized on the blockchain

Finance

$3.5M seed fund spent to develop prototype.
CAC (device) $1 - $3
Device: BOM @ $500
ASP @ $700
Cartridge: BOM @ $2 - $10
ASP @ $5 - $30
Tests/cartridge: 1 -10
Device & Kiosk
Data Transaction Fee: 10%
User data payback: upto $1k/month
We intend to build the device in one year, at 9months we will open crowdfunding and preorders. WE should be int he black after 2 year, and in 5 years our valuation based on Reed's Model will reach $1B

Business model

Wellness device similar to Fitbit but able to measure COVID19 too

Money will be spent on

Build device for mass market (design and fabrication), develop marketplace for data monetization, and develop S/W and algo for data monetization

Offer for investor

Negotiable

Team or Management

Risks

delays in execution if funding is not available

Incubation/Acceleration programs accomplishment

WE have 7 patents and a working prototype MVP

Invention/Patent

-Apparatus for Van-Allen Atmospheric Micro-plasma Hardware based decentralized quantified wellness ecosystem with dual tokens
-APPARATUS AND METHOD FOR PROGRAMMABLE SPATIALLY SELECTIVE NANOSCALE SURFACE FUNCTIONALIZATION
-Apparatus and method for programmable spatially selective nanoscale surface functionalization, self-flowing micorfluidic analytical chip, and stand alone microfluidic analytical chip device
-Stand alone microfluidic analytical chip device Self-flowing microfluidic analytical chip
-PUMP-FREE MICROFLUIDIC ANALYTICAL SYSTEMS

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Photo 1 - Synsal, Inc.
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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