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Raccoon.World

Raccoon.Recovery - Gaming solutions for hand rehabilitation

USA, Delaware
Market: Internet and IT, Medicine, Education, training, Entertainment, Gadgets
Stage of the project: Prototype or product is ready

Date of last change: 05/22/2018
Min investment
$  50.000
16
Collected
Total required
$ 20.000
$ 200.000
Rating
equalizer 613 из 1000
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Idea

What is Raccoon.World solution for physical rehabilitation Raccoon.Recovery

We provide hospitals and rehabilitation centres with hand rehabilitation solution Raccoon.Recovery that is based on playing existing video games with the help of special controller Raccoon.Clip and provides necessary range of analytics that is needed for effective and conscious rehabilitation.

Current Status

We have started pivot in November 2017, and after 3 month we have launched pilots in 3 hospitals, started cooperation with 8 doctors and have 42 testers. b2c:
One-off sales of sets (controller + software to connect it to PC).

Raccoon.Clip is a ready product. It is fully functional and can be used as a HID device with any games on Windows PC. It has 1 standard size.
Solution for doctors is on the stage of alfa prototype. It allows to use Raccoon.Clip in any games, to remap commands on buttons or hand position. It track the data (including wrist angle, speed and related hand positions).
Application for users is under development.

Market

$34B - market of physical rehabilitation in USA and $99B in the world (https://www.ibisworld.com/industry-trends/market-research-reports/healthcare-social-assistance/ambulatory-health-care-services/physical-therapists.html). During next 5 years we plan to conduct a study, get certification and start sales in hospitals and rehabilitation centres. In addition, we plan to make direct sales of devices that do not require certification.
We already started to sell small branches and start mass sales in autumn, 2018, and till Dec, 2019 we plan to sell solution to 6 hospitals, 30 doctors and 10K patients, thus generating revenue of $1,1M.
According to this plan, we will get $30M till the end of 2022.

Problem or Opportunity

Healthy hands are an essential part of a full life. Approximately 17M people all over the world suffer from cerebral palsy. Annually, about 17M people have a stroke. Every year, more than 50M people around the world are injured. More than 50% of the alleged individuals are survivors who need rehabilitation.
Relearning of lost functions depends on stimulation of desire to conquer the disability. The independent functioning of patients depends on intensity of treatment, task-specific exercises, active initiation of movements and motivation and feedback. Raccoon.Recovery can bring a significant improvement in systems.

Solution (product or service)

Our solution is based on 3 main components that permanently exchange data via cloud storage:
• Raccoon.Clip – a universal controller for video games and mobile VR/AR that is placed on a palm like a clip and transfers data about hand position/movements and fine motor skills
• software for hospitals to create gaming-based rehabilitation programs, gather statistics, make analytics. It collects data from controller and processes it
• iOS/Android application for users and/or their relatives to control their success

Competitors

Now doctors are forced to use either artisanal methods (massages, modeling of plasticine, puzzles), expensive bulky installations that can’t be used out of hospital (InMotion ARM™, Gloreha) or expensive mobile solutions with limited software (Hand Tutor, MusicGlove). There are some new solutions (Xtensor® Hand Exerciser, Mind-controlled device) that are only on testing period, but they have the same problems.

Advantages or differentiators

Existing treatments are not only inconvenient for hospitals, but also inaccessible and depressing to patients. Raccoon.World’s solution will be beneficial for institutions, and motivating for patients. It is much more effective then artisanal methods while is cloud-based and has the functionality of data gathering, analytics and treatment prescription. Compared to installations, it is mobile, easy to integrate and to use both in hospital and at home. Moreover it can be used with any existing software - the doctor can choose the game to train specific muscles and according to the taste of patient. This makes rehabilitation process fascinating and diverse. Mobile app allows patient to watch the progress and has achievements to make rehabilitation more engaging.

Finance

If you need details, contact representatives of the project.

Invested in previous rounds, $

Business model

B2B. B2B2C.
If you need details, contact representatives of the project.

Money will be spent on

Investments are necessary to launch a full-fledged business (completion of pilots, certification, establishment of sales channels with the possibility of scaling).

Offer for investor

We are ready to negotiate a sharepart with investors.

Incubation/Acceleration programs accomplishment

Startup kitchen

Won the competition and other awards

Raccoon.World has already been appreciated by world leading experts in AR/VR and games industry and took part in local and International events (CES 2017, TechCrunch Disrupt 2017 among them).
During the period Raccoon.Clip was named Top 10 Startups of 2017 in Robotics and VR sector by Techstars Boston, ‘Best Project 2017’ at Vernadsky Challenge, Winner of International Startup Battles in Moscow and Warsaw, Winner at CRDF Global competition etc.

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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
Website address