kinoteksoftware.com
'20
MARKET Market data estimates that the US physical and occupational therapy industry was worth $34.5 billion in 2018, up 6.2% from 2017. The total market is forecast to grow at a 6.2% average annual pace, to $45.7 billion by 2023. More than half of Americans report a chronic musculoskeletal condition in any given year, and nearly one in five healthcare visits are for this issue. The total spending on musculoskeletal conditions in the US exceeds $200 billion annually, with an average cost of $7,800 per person.
HEALTH & WELL-BEING BETA STAGE
BUSINESS MODEL KinoTek has a 4 tiered business model (SaaS) Tier 1: $149/ month: 50 active patients per month Tier 2: $248/ month: 200 active patients per month Tier 3: $348/ month: 500 active patients per month Enterprise: Variable rate: 500+ active patients per month
STATUS & ROADMAP • Complete beta testing nationwide: At present we have 25 clinician testers from across the country with a waitlist of another 20 interested clinicians. • Public launch by end of Q1 2021: Following a successful beta testing period and after three years of extensive research and development, KinoTek will make its software available for purchase on its website. The software will be available on a tiered, monthly SaaS model. • Series A funding: KinoTek will raise an institutional round of funding that provides sufficient runway to reach profitability and enable key hires on the product development and sales teams respectively.
NEEDS • Product development: Tech infrastructure, customer experience • Business development: Develop strategic relationships with partners in the as well as customers • Finance: Testing the unit economics as you scale
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