Editing Vastmindz
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==Summary | ==Summary== | ||
Vastmindz AI (Artificial Intelligence) is a technology company that provides a SaaS (“Software As A Service”) that can determine physiological insights remotely. | Vastmindz AI (Artificial Intelligence) is a technology company that provides a SaaS (“Software As A Service”) that can determine physiological insights remotely. | ||
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==About us | ==About us== | ||
Vastmindz aims to transform standard consumer technology devices into a comprehensive non-invasive health & wellness tool using artificial intelligence and signal processing. Its technology, has the opportunity to positively impact lives, by empowering them to better understand their health state. | Vastmindz aims to transform standard consumer technology devices into a comprehensive non-invasive health & wellness tool using artificial intelligence and signal processing. Its technology, has the opportunity to positively impact lives, by empowering them to better understand their health state. | ||
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==The Problem Vastmindz Solves | ==The Problem Vastmindz Solves== | ||
Remotely monitoring physiological signs is an integral component to improving health & wellness, however there is no easy way to do this. Until now. The global telemedicine market has seen a massive increase in demand and expected to be a $390 billion market by 2027. | Remotely monitoring physiological signs is an integral component to improving health & wellness, however there is no easy way to do this. Until now. The global telemedicine market has seen a massive increase in demand and expected to be a $390 billion market by 2027. | ||
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By analyzing a video feed of an individual’s face, Vastmindz is able to extract various physiological parameters in less than 60 seconds remotely. Allowing telemedicine providers to add significant features to their offerings. Its AI based health monitoring system uses proprietary technology and works on any device with an embedded camera, delivering a powerful solution for remote monitoring of vital signs. | By analyzing a video feed of an individual’s face, Vastmindz is able to extract various physiological parameters in less than 60 seconds remotely. Allowing telemedicine providers to add significant features to their offerings. Its AI based health monitoring system uses proprietary technology and works on any device with an embedded camera, delivering a powerful solution for remote monitoring of vital signs. | ||
==The Solution | ==The Solution== | ||
Vastmindz enhances camera sensors to remotely measure physiological signs using proprietary AI. Its solution is able to remotely extract this data from a face using signal processing and AI. | Vastmindz enhances camera sensors to remotely measure physiological signs using proprietary AI. Its solution is able to remotely extract this data from a face using signal processing and AI. | ||
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Its solution captures health & wellness data in the most accessible way, allowing organisations to understand trends. These trends can be used to form health trajectories and provide insights as to when to take preventative action. | Its solution captures health & wellness data in the most accessible way, allowing organisations to understand trends. These trends can be used to form health trajectories and provide insights as to when to take preventative action. | ||
==Financial projections | ==Financial projections== | ||
Vastmindz already has customers who are using its services and its projections for the next five years show how it expects to be a high-growth SaaS business with annual recurring revenues (ARR) of ~$160M by FY25. | Vastmindz already has customers who are using its services and its projections for the next five years show how it expects to be a high-growth SaaS business with annual recurring revenues (ARR) of ~$160M by FY25. | ||
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Vastmindz's first few years represents cautious growth whilst it awaits regulatory approval. Once the company achieves this approval, it expects the rate of customer acquisition and the use cases for different markets will increase significantly with rapid adoption in different industries globally. | Vastmindz's first few years represents cautious growth whilst it awaits regulatory approval. Once the company achieves this approval, it expects the rate of customer acquisition and the use cases for different markets will increase significantly with rapid adoption in different industries globally. | ||
==Market Opportunity | ==Market Opportunity== | ||
The market opportunity for its solution crosses many industries including telemedicine, which is projected to be a $390 billion market by 2027, health/life insurance which is projected to be $3 trillion by 2028 and other related health & wellness industries. The animal health & wellness industry is currently $46 billion and expected to grow rapidly over the next 10 years. According to McKinsey, the global wellness market is currently estimated at $1.5 trillon and is expected to experience annual growth in high single-digit % (read more). | The market opportunity for its solution crosses many industries including telemedicine, which is projected to be a $390 billion market by 2027, health/life insurance which is projected to be $3 trillion by 2028 and other related health & wellness industries. The animal health & wellness industry is currently $46 billion and expected to grow rapidly over the next 10 years. According to McKinsey, the global wellness market is currently estimated at $1.5 trillon and is expected to experience annual growth in high single-digit % (read more). | ||
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Its initial focus is to address key industries that can immediately benefit from capturing physiological signs from their users remotely. Its use cases are increasing over time and with the introduction of its animal health solution, this will expand its total addressable market even further. | Its initial focus is to address key industries that can immediately benefit from capturing physiological signs from their users remotely. Its use cases are increasing over time and with the introduction of its animal health solution, this will expand its total addressable market even further. | ||
==The Team | ==The Team== | ||
'''Founder & Chief Executive Officer''' | '''Founder & Chief Executive Officer''' | ||
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Kostya Shpachenko has several years of experience with building highly scalable infrastructure to optimise the operation of computationally intense solutions. Kostya leads Vastmindz’s DevOps team, operating and scaling Vastmindz’s cloud infrastructure to serve clients as seamlessly as possible. | Kostya Shpachenko has several years of experience with building highly scalable infrastructure to optimise the operation of computationally intense solutions. Kostya leads Vastmindz’s DevOps team, operating and scaling Vastmindz’s cloud infrastructure to serve clients as seamlessly as possible. | ||
==Use Of Proceeds | ==Use Of Proceeds== | ||
If the offering’s maximum allocation of $10,000,000 is raised, Vastmindz aims to use the proceeds to help the business grow dramatically. | If the offering’s maximum allocation of $10,000,000 is raised, Vastmindz aims to use the proceeds to help the business grow dramatically. | ||
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To learn more about Vastmindz, click [mailto:investor.relations@vastmindz.com here]. | To learn more about Vastmindz, click [mailto:investor.relations@vastmindz.com here]. | ||
[[Category:Thesis]] | [[Category:Thesis]] | ||
[[Category:Equities]] | [[Category:Equities]] | ||
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