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Lyfe

Verified

Business Model

B2C

Ask

$500K

Industry

Healthcare Technology

Mobile Applications

Health Management

Lyfe is an innovative mobile health assistant designed to simplify the management of personal medical information for individuals and caregivers. With a user-friendly interface and real-time updates, Lyfe empowers users to take control of their health records and enhance communication with healthcare providers. Our platform integrates seamlessly with various electronic medical record systems, ensuring that users have access to their most up-to-date health information. Our business model focuses on subscription revenue, targeting a total addressable market of over 300 million individuals in the U.S. We are seeking $500,000 in funding to support product development, marketing, and operational expenses. With a strong team and a clear roadmap for growth, Lyfe is poised to become a leader in the digital health management space.

Key Highlights

  • Vision: To empower individuals and caregivers to take control of their health information seamlessly.
  • Mission: To provide a user-friendly platform that simplifies personal health management and enhances communication with healthcare providers.
  • Problem: The fragmentation of medical records, lack of real-time updates, and challenges faced by caregivers create significant barriers to effective healthcare management.
  • Solution: Lyfe provides a secure, centralized platform for managing personal medical information, enabling users to access and share their health records seamlessly.
  • Product: Lyfe is a mobile app designed to manage personal medical information securely, providing users with insights and easy access to their health records.
  • Traction: Achieved successful beta testing with positive user feedback and established partnerships with local healthcare providers.
  • Business model: Lyfe's business model focuses on generating revenue through subscription fees, partnerships, and advertising, while providing users with valuable tools for managing their health.
  • Market: Lyfe's market analysis highlights a significant opportunity in the digital health management space, with a strong focus on caregiver support and real-time insights to differentiate from competitors.
  • Competition: The competitive landscape for Lyfe includes key players like HealthVault, MyChart, and CareZone. While these competitors offer valuable features for personal health management, they often lack the comprehensive caregiver support and real-time insights that Lyfe provides. By focusing on both individual users and caregivers, Lyfe aims to fill a gap in the market and establish itself as a leader in holistic health management.
  • Team: The Lyfe team combines expertise in healthcare technology, software development, and marketing to create a powerful platform that meets the needs of users and caregivers.
  • Program completed: Participated in health tech incubator programs and received mentorship from industry experts.

Key material

Business General

Market

$300M

TAM

$100M

SAM

$10M

SOM

Team

3

Co-founders

5

Employees

Traction

Est. Monthly Recurring Revenue

$80K

Key Milestones

Complete App Development

Launch Lyfe App

Reach 10,000 Active Users

Fund Raised

$0

Seed

The Ask

$500K

Series A

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