The pitch deck in-ear wearable startup STAT used to raise $5 million

📆 6/13/2023 10:48 PM
📰 BusinessInsider

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Check out the 15-slide pitch deck former Bose engineers and the founders of STAT Health used to raise $5 million for a tiny in-ear wearable to prevent fainting

So when Lee's elderly father began having repeated fainting sessions, Lee turned to in-ear technology to help solve the problem.

Lee explains that many people with illnesses like long COVID, postural orthostatic tachycardia syndrome or POTS, and chronic fatigue symptoms suffer from fainting and dizziness caused by reduced blood flow to the brain upon standing. These syndromes affect more than 13 million Americans, he added. STAT's wearable wants to give patients more data around when these episodes take place and how to understand and potentially mitigate dizziness and fainting.

Similar to many wearables, STAT collects data from its sensor and patients can see data like changes in their their blood flow to their heads, as well as blood pressure in a mobile app. The app then gives patients an"Up Score" to track time spent upright, and a"Flow Score" to help users pace their recovery by watching for blood flow abnormalities.

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New in-ear device promises to predict fainting, help understand dizziness and brain fogSTAT Health announces new in-ear wearable, called STAT, which measures blood flow to the head.
Source: CNBC - 🏆 12. / 72 Read more »