How to find real investors in a medical IT project?

How to find real investors in a medical IT project?

Gil Dibner, General Partner, Angular Ventures

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answers (5)

Answer 1
June, 2021

With regard to investments in medical and other IT projects, it is important to understand a few things:

  1. is the product or its pilot version ready
  2. is there a concept and a sound business plan for the project
  3. what kind of investment security
  4. detailed expenses for launching and promoting the project, as well as the return on investment
  5. project marketing

You can always find an investment with a good finished product / cap or with sufficient collateral (for example, part of your money in the project) and a good business plan. It is important to think over the marketing of a medical it project and reasonably calculate the volume and time of return on investment.

Where to look for investors? You can use the tips in the comments above or search on the largest platforms - IIDF and Tugush.

Regards.

Answer 2
June, 2021

You need to look for investments from global funds focused on medicine. There are 200 of them in the States and information on them is on the net. We at DentalTap have attracted investments 2 times in this way.

Answer 3
June, 2021

I am looking for partners for a joint IT project. It is a medical expert system that consists of two modules. The first module is the electronic medical history itself. The system is in working order. The system is based on an object-oriented database, which made it possible to fully digitize the human body in health and in pathological conditions, as well as methods of examination and treatment. Such a formalized database has automated the maintenance of honey. documents. The doctor works only with a menu cascade. There is also a mechanism for voice input of clinical data. (Which was especially liked by the American colleagues). The main drawback of this system is that it is written in Delphi and it needs to be remade on the Web. The second module is the analysis module itself. This module exists in the form of a complete TOR. The main purpose of this module is to work with metadata. The main user is also a doctor who is involved in analysis and clinical research. The database for the systems is the same, the user interfaces are completely different. The system is bilingual (Ukrainian, Russian, but it is possible to adapt to English). There are no systems of this class in Ukraine and Russia today.

Dema video of the system is here https://drive.google.com/drive/folders/1ztCeCXlME1tTS7xvS2UqcFLd97lZT-Bo?usp=sharing

Full TOR for the first module here https://drive.google.com/file/d/18hMfwKeyFUJhPj4B-nZwwVd499k3TLcy/view?usp=sharing

The mechanism of voice input of clinical data here https://drive.google.com /file/d/1kbRba5Q57PaJa7dhTNqgZT6kFs_FdFUZ/view?usp=sharing

[email protected] 067 272 99 21

Answer 4
June, 2021

As I understand it, you want to know how to attract investment.

This means, first of all, work on the product (service) itself and marketing. Who is the product for, what problem it solves, who will pay, what is the state of the project, how are you working on it, what you know about the industry and how you relate to it, with whom you work, what is your plan, why do you need money, why an investor and what investor - these are the questions you need to have answers.

If you have them, you can look for contacts with specialized investors, which you can learn about from press releases, reviews, news and directories of startups and investors like angel.co. You can present a project at events where there are many interested people; for example, WIRED Health if you already have a working product. If you are just at the idea stage, you can go to accelerators / incubators like founder.org.

Crowdfunding in this area is suitable for projects that are consumer-oriented and do not require special cooperation with the industry - a variety of monitoring tools, not integrated with medical systems, for example. In general, this is a B2B industry. Here is a relevant article: http://www.modernhealthcare.com/article/20151006/NEWS/151009943

I'm familiar with this area because I'm currently selecting attractive European medical and biotech startups for a major foreign player ... I don't know much about the Russian market.

There are some more good ideas here:

TheQuestion: we will find those who will answer your questions.

Answer 5
June, 2021

As one of the options, try to launch your project on a crowdfunding platform about which you can find information on the Internet. The pros and cons of each site are different, but, as practice shows, this is a real chance to raise funds for the project, as well as attract additional investors and support.

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