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>Rebecca
Created page with "==Summary== More people died from other respiratory problems than from Covid in 2020. Inbentus has the intention of democratising medical technology by developing low-cost respirators. The company is ready to commercialise its first respirator internationally and is developing the second piece of ICU equipment to cover some of the foreseen global demand of $12bn in 2027. * The global market for mechanical ventilators is estimated to grow at a 16% until 2027 * The Venti..."
 
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==Summary==
==Summary==


GivePenny wants to be the connected digital toolkit for creating more effective charity fundraising challenges, with Cancer Research UK and other charities raising £1m in donations through the website so far. The 'Connected Giving' platform uses Spotify, Strava, Twitch and more to drive donations / revenue.
More people died from other respiratory problems than from Covid in 2020. Inbentus has the intention of democratising medical technology by developing low-cost respirators. The company is ready to commercialise its first respirator internationally and is developing the second piece of ICU equipment to cover some of the foreseen global demand of $12bn in 2027.


* Users have raised over £1m for good causes using GivePenny
* The global market for mechanical ventilators is estimated to grow at a 16% until 2027
* 70+ charities as customers, including Cancer Research UK
* The Ventilator market is expected to reach $12 billion by 2027
* We aim to provide a scalable, secure, reliable platform - hosted on Microsoft Azure
* The world population is expected to increase by 2 billion in the next 30 years
* Featured on Sky News, The Guardian, BBC
* Granted financial aid for € 200K to non-refundable funds


==Idea==
==Idea==


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GivePenny is a connected digital toolkit for creating effective charity fundraising events. Customers include the world's largest research charity, Cancer Research UK.
Thousands of people die every day from a lack of medical respirators. These high-reliability devices are inaccessible to emerging markets due to their expense. COVID has made this problem worse.


The platform integrates with some of the world's most popular apps and websites to create fundraising challenges to drive social engagement, fundraiser motivation and successful fundraising - 'Connected Giving'. Hosted on Microsoft Azure and engineered to very high standards, we aim to grow GivePenny.com as a fully scalable and secure platform.
Established at the beginning of 2020, we want to make respirators more accessible to less affluent populations. That's why we started INBENTUS.


For subscription and 'per donation' fees, charities use GivePenny to create and promote fundraising campaigns. Supporters join one of these campaigns and personalise their own fundraising pages using integrations with apps like Spotify, Strava, Twitch, YouTube and Fitbit. The content and data from those apps, plus our own pledge-based payment options, makes fundraising effort visible and engaging, which in turn drives donations.
In less than 1 month we've developed a COVID emergency respirator prototype that's competitively priced with the first units having been delivered to Latin American countries already.


Since Mar 20, GivePenny grew rapidly, hosted 72 virtual events, processed over £700k in donations.
Although our initial strategy is focused on COVID patients, several international studies indicate that respiratory pathologies will be a huge global problem over the next 20 years, due to:


'''Market:'''
* Increases in world population by almost 30%.
* Increases in life expectancy.


168,000 registered charities in the UK.
By 2027, €12bn+ euros are expected to be spent on respiratory medical technology which has sustained annual growth of 16%.


£10 billion donated in 2018.
To meet this strong demand, we plan to start developing a new & improved high-performance respirator that's more inexpensive with the aim to achieve high penetration in Latin America & Africa in the coming years. Hospitals of public & private health networks are our main targets to obtain revenue.


Online giving grew by 20% in 2019.
Funds will be used to boost sales and complete authorization of our existing respirator, launch local campaigns in target countries and to develop our new, high-performance respirator product.
 
'''Need:'''
 
Charities predicting 48% income drop due to COVID-19.
 
'''Investment:'''
 
£470k raised 2018/19.
 
We are now raising funds to further scale the business and recruit sales, marketing and software development team members.


==Team==
==Team==


Our business is a collaboration between good friends with strong commercial backgrounds. We believe business principles can be applied to maximise generosity in society and profit for shareholders at the same time. We have all been through good and bad times in business, which has given us the grit and determination needed to build and scale our operation.
Rafael Valverde, co-founder & CEO
 
'''Lee Clark, Founder & CEO'''
 
Lee is an enthusiastic and influential leader who co-founded a tech-specialist lead generation company in 2008.
 
'''Ed Russell, Co-founder & Chief Technology Officer (Part-time)'''
 
Founder CEO of a software development consultancy.
 
'''Richard Waldron, Co-founder & Chief Sales Officer (Part-time)'''
 
Sales Operations Director with extensive experience establishing and growing lead generation operations working for global technology brands.


'''Steve Denby, Co-founder & Non-Exec Director'''
With more than 18 years of experience, Rafa has worked in all key facets in international projects of high technical complexity. An engineer and trained at IE, he is motivated by democratizing medical technology to make it accessible to all.


Entrepreneur, Investor and Sales/Marketing Strategist who founded, built and sold an IT services business.
Juan Andrés Romero, co-founder & CSO


'''Tim Dykes, Co-founder & Non-Exec Director (Part-time)'''
Juan is an awarded and recognized entrepreneur, founder of the engineering company CLERHP listed on BME Growth, he has revolutionized the construction sector by applying artificial intelligence. With training and experience in entrepreneurship, he is in charge of defining the company's strategy.


Experienced Investor and Finance Director , with successful exits in telecommunications sector.
Jose Ramón García, co-founder & CFO


'''Andy Litton FCIM, Non-Exec Director (Part-time)'''
José Ramón is a senior executive in companies with a turnover of more than 300 million euros. He has extensive experience in finance and human resources as well as a high degree in IE.


Experienced technology marketeer with extensive experience running a successful brand, marketing and in brand and communications agency.
Dr. Mariano Mnez. Fresneda, medical adviser
[[Category:Thesis]]
[[Category:Equities]]


__INDEX__
Mariano is the head of the ICU at the Reina Sofía Hospital. With more than 40 years of experience in intensive medicine and with the spirit of a young man who does not want to stop learning, he is responsible for the medical validation of the equipment.

Revision as of 17:07, 11 April 2022

Summary

More people died from other respiratory problems than from Covid in 2020. Inbentus has the intention of democratising medical technology by developing low-cost respirators. The company is ready to commercialise its first respirator internationally and is developing the second piece of ICU equipment to cover some of the foreseen global demand of $12bn in 2027.

  • The global market for mechanical ventilators is estimated to grow at a 16% until 2027
  • The Ventilator market is expected to reach $12 billion by 2027
  • The world population is expected to increase by 2 billion in the next 30 years
  • Granted financial aid for € 200K to non-refundable funds

Idea

Thousands of people die every day from a lack of medical respirators. These high-reliability devices are inaccessible to emerging markets due to their expense. COVID has made this problem worse.

Established at the beginning of 2020, we want to make respirators more accessible to less affluent populations. That's why we started INBENTUS.

In less than 1 month we've developed a COVID emergency respirator prototype that's competitively priced with the first units having been delivered to Latin American countries already.

Although our initial strategy is focused on COVID patients, several international studies indicate that respiratory pathologies will be a huge global problem over the next 20 years, due to:

  • Increases in world population by almost 30%.
  • Increases in life expectancy.

By 2027, €12bn+ euros are expected to be spent on respiratory medical technology which has sustained annual growth of 16%.

To meet this strong demand, we plan to start developing a new & improved high-performance respirator that's more inexpensive with the aim to achieve high penetration in Latin America & Africa in the coming years. Hospitals of public & private health networks are our main targets to obtain revenue.

Funds will be used to boost sales and complete authorization of our existing respirator, launch local campaigns in target countries and to develop our new, high-performance respirator product.

Team

Rafael Valverde, co-founder & CEO

With more than 18 years of experience, Rafa has worked in all key facets in international projects of high technical complexity. An engineer and trained at IE, he is motivated by democratizing medical technology to make it accessible to all.

Juan Andrés Romero, co-founder & CSO

Juan is an awarded and recognized entrepreneur, founder of the engineering company CLERHP listed on BME Growth, he has revolutionized the construction sector by applying artificial intelligence. With training and experience in entrepreneurship, he is in charge of defining the company's strategy.

Jose Ramón García, co-founder & CFO

José Ramón is a senior executive in companies with a turnover of more than 300 million euros. He has extensive experience in finance and human resources as well as a high degree in IE.

Dr. Mariano Mnez. Fresneda, medical adviser

Mariano is the head of the ICU at the Reina Sofía Hospital. With more than 40 years of experience in intensive medicine and with the spirit of a young man who does not want to stop learning, he is responsible for the medical validation of the equipment.