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MedWatch Technologies, Inc
EMPOWERING PEOPLE TO BE CHAMPIONS OF THEIR OWN HEALTH
Las Vegas, United States

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B2B2C $3M 2-50 Members
Segment Seeking Team

industry:
  • Medtech

Advisors:

Location:
848 North Rainbow Boulevard, Las Vegas, Nevada 89108, United States
company information
Active
  • Company Of Incorporation
  • 2021 founded
  • Structure
  • LLC
  • Location
  • Las Vegas , United States
Team

Mike Moore, CEO, is a serial entrepreneur having founded several technology ventures in various industries including software, manufacturing, medical, 3-D publishing, and projects for NASA.

He served in US Naval Reserves as a combat veteran with over 30 years of experience in areas such as electronic warfare and remote sensing.
Sam Zaidspiner, COO, has successfully launched dozens of products and medical devices. In the past decade, he developed, launched, and scaled all operations for a class 2 medical device that has sold over 3,000,000 units. Bruce Matichuck, CTO, creates AI- based health information platforms including the use of wearable sensors.
Dr. Aaron U. Levy, is a strategic M&A BizDev and Turnaround CEO; he led startup to $1B in MCap NASDAQ Publicly Traded firms and served as CEO, economic development, Native American Tribe with over $1B in operation. An inventor, published author and commercial expert with global operations and manufacturing experience: Biotech, NGS, AI, Clinical, Healthcare, Fiber Optics and YPO.
Mark Cullivan, CFO, has 25 years of management experience in both public and private corporations. He was the CFO of a AMEX listed company. Previously he’s held positions in finance, business development, and marketing. He is an adjunct instructor in the Knauss School of Business at the University of San Diego.
Jared Jones, PhD, Chief Research Officer, was previously Research Director at UnitedHealth Group and led foundational research into innovative diabetes treatments.
Dr. Kevin Kapov was co-investigator on diabetes-related clinical trials and implemented a large-scale CGM treatment program.
Dr. Geraldine Cunniffe-Conlon, MD, MSc and MBA, an ophthalmic surgeon and KOL internationally experienced with R&D and Data Science for Medical and Digital Health technologies.

Market opportunity

The initial target market is the 37 million people with diabetes, plus 96 million with pre-diabetes. Our device will help this target market to better

manage their health. Of this 133 million market size, the two leading competitors have claimed 4 million units annually, based on 2022 reports, however Medicare/Medicaid reimbursement for CGM devices has expanded in the past 12 months. Our projections first 3 years (in units) is 50,000, 160,000, and 320,000 units. We will target the part of the market segment that prefers a non-invasive sensor over an invasive sensor.

Problem

Living with diabetes requires measuring glucose levels many times a day. The standard of care has been piercing the skin and measuring it with a glucose meter (glucometer). This is painful, inconvenient, potentially debilitating, and expensive which leads to poor compliance and significant health consequences.

Solution

MedWatch Technologies will lead a new market category of non-invasive CGMs with a sensor that simply sits on the skin and non-invasively (i.e. without needles!) measures glucose concentration. Our product will offer FDA-cleared* sensor accuracy, pain-free application, and unparalleled lower costs.

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$54,00,000
total amount raised
4
total amount raised
16
total amount of investors
Amount raised funding type funding round closing investors
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
Technologies
AI And Machine Learning
SaaS And Enterprise Software
Competitors:
Pitch Deck / Presentation(s):
...
MedWatch-Technologies-Investor-Deck-Rev2023_10_27.pdf
2023-10-31 17:31:10
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