Raytelligence
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | - | <1m | <1m | <1m | <1m |
% growth | - | 351 % | - | - | (25 %) | 234 % | - |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | (1.2m) | (<1m) | - |
% EBITDA margin | (9554 %) | (3426 %) | - | (1880 %) | (4626 %) | (984 %) | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | (1.4m) | (1.5m) | - |
% profit margin | (9574 %) | (3430 %) | - | (1887 %) | (5643 %) | (1770 %) | - |
EV / revenue | - | 210.1x | - | 200.6x | 241.6x | 18.4x | - |
EV / EBITDA | - | -6.1x | -7.2x | -10.7x | -5.2x | -1.9x | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | SEK3.1m | Seed | |
| €300k | Seed | |
€74.0k | Grant | ||
Total Funding | $787k |
Recent News about Raytelligence
EditRaytelligence is a pioneering startup that leverages advanced radar technology to enhance the safety and well-being of the elderly and chronically ill. The company operates in the healthcare technology market, providing innovative solutions that allow for non-intrusive monitoring of vital signs and movement patterns. Their flagship product, Eazense, is a radar-based sensor system designed to monitor the presence, falls, and general activity of individuals without the need for invasive camera surveillance, thus preserving privacy.
Raytelligence primarily serves healthcare providers, nursing homes, and home care services. These clients benefit from the ability to monitor patients remotely, especially during nighttime when traditional check-ins can be disruptive. The Eazense system connects to a cloud service, enabling real-time data collection and analysis, which helps caregivers respond promptly to any issues.
The business model of Raytelligence is based on selling the Eazense hardware and offering a subscription-based cloud service for data storage and analysis. This dual revenue stream ensures a steady income from both initial hardware sales and ongoing service subscriptions.
Raytelligence makes money by selling the Eazense sensors to healthcare providers and charging a recurring fee for the cloud-based monitoring service. This model not only provides immediate revenue from hardware sales but also ensures long-term income through subscriptions.
In summary, Raytelligence is a healthcare technology company focused on improving the quality of life for the elderly and chronically ill through advanced radar technology. By offering a non-intrusive monitoring solution, they provide healthcare providers with the tools needed to deliver better care.
Keywords: Radar Technology, Healthcare, Elderly Care, Chronic Illness, Non-Intrusive Monitoring, Vital Signs, Movement Patterns, Cloud Service, Subscription Model, Safety.