Databetes

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Databetes - overview

Location

New York, NY, US

Primary Industry

Healthcare IT

About

Databetes is an emerging platform focused on diabetes management, providing innovative solutions for health tracking and glucose monitoring aimed at individuals, caregivers, and healthcare providers. Databetes is a company that specializes in diabetes management solutions. Founded in New York, US, it has received funding through a SEED round, raising USD 0. 020 mn from Dorm Room Fund.


The company has engaged in two transactions, with its most recent deal occurring on September 1, 2013. Databetes. com is positioned as a forthcoming platform aimed at addressing the needs of individuals concerned with diabetes management and health tracking. The company’s core offerings include innovative digital solutions designed to assist users in monitoring their glucose levels, dietary habits, and overall health metrics.


The primary target audience includes individuals living with diabetes, caregivers, and healthcare providers seeking comprehensive tools for effective disease management. The platform is anticipated to serve a diverse geographical market, focusing on regions with a high prevalence of diabetes, such as North America, Europe, and parts of Asia. By providing streamlined access to data-driven insights and personalized health management resources, Databetes. com aims to enhance the quality of life for its users while promoting proactive health behaviors.


The revenue structure for Databetes. com is built around a subscription-based model, allowing users to access premium features and services tailored to their health management needs. This model facilitates direct transactions between the company and individual consumers, as well as potential partnerships with healthcare institutions that require comprehensive diabetes management solutions. The company’s flagship services include tiered pricing plans, offering various levels of access to tools and resources based on user requirements.


These pricing plans provide flexibility in serving both budget-conscious consumers and those seeking advanced features, while revenue generation may also involve collaborations with retailers and healthcare providers to maximize reach within targeted consumer segments. Databetes is focused on launching new digital health management tools to enhance user experience. The funding secured in September 2013 will support the development of these tools and potential market expansion into regions with increasing diabetes prevalence. Specific markets targeted for expansion include Europe and parts of Asia, with plans to initiate outreach efforts by 2015.


Current Investors

Dorm Room Fund

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Medical Software

Website

www.databetes.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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