As Hackquarters, we love to watch startups of our friends grow. By “watch”, what I actually meant is we do all we can to help them achieve their goals. Our followers are probably aware that we are working with Bayer for Grants4Apps Startup Acceleration Program for 2 years. Recently we announced the 2019 batch of Grants4Apps with our kick-off event. At that event, one of our guests was Berkay Şamiloğlu from TION Healthcare, who was one of our entrepreneurs from 2018 batch of G4A.
TION Healthcare is our 4th guest for Startup Spotlight. They produce AI driven wearable diagnostic stickers for detecting abnormal rhythms in the heart.
You can always apply for Startup Spotlight from this link. We will also include you into our network and you will be notified about our upcoming events, calls for programs and get exclusive invites.
What is the name of your startup?
What is the website address of TION Healthcare?
Where is your startup based?
What are your targeted verticals for your startup?
HealthTech, IoT, Machine Learning, AI
Tell us what your startup does.
TION Healthcare makes AI driven wearable diagnostic stickers for detecting abnormal rythyms in the heart.
Tell us about your team.
We are 5 engineers, 1 designer team. 2 of us was intern in TION, after internship they joined to team. Rest of team met at different entrepreneurship events. We have designers, electronical, computer, AI engineers in the team. We’ll be 12 people in a year. Also, TION is hiring!
When and why did you found your startup?
I was researcher in Norology Department in Cerrahpasa University. My advisor’s profession was epilepsy. We think a device which can detect the seizures would be great. But market was so small. While doing the project, we have met with Bayer and pivoted our idea to cardiology.
What are your key and unique features?
Disruptive business model first, 2 IP in the device. We serve subscription based diagnostics. Our devices can get clear data from the body with nanosensors.
What is your growth like?
3000 devices in 3 months and going to 50.000 with retail. Team growth is %50. Yeah, we are still small.
Tell us about the numbers that matter to you.
We’ve just dealed for 3000 devices, and we charge $30 per month.
What are your plans for next year and the next 5 years?
For next year, we’ll be at all retails in US. I don’t know 5 years. We will be probably in US, Europe, MENA, Africa and Asia with partners.
Did you receive any investments?
Tell us 3 startups that excite you, and why?
Albert makes voice assistant in healthcare. Idea sounds not unique but they won the TechStars and team has too much potential. Sometimes startups don’t need unique idea also for example Lift vs Uber. If they can find product market fit they can make incredible business.
Another one is Bulbana. Bulbana makes reverse Letgo platform. If you want to buy something, you open a offer. Users try to sell it to you. Two founders are my friend. Idea has potential, never heard it before. Also, I love their designs.
Last one is Vivoo. Vivoo makes urine sticks for wellness. We worked closely in Bayer’s Incubator. They attended to Techstars too. Also, they gave free samples to me 🙂