Diabimetrics is an innovative technology solution tailored to bridge the healthcare gap in diabetes
- United States
- For-profit, including B-Corp or similar models
Diabetes poses a significant and disproportionate threat to minority populations. In the United States, the statistics are alarming: 13% of African Americans and roughly 12.5% of Hispanic populations are afflicted with diabetes, compared to just 7.6% of non-Hispanic whites. This disparity is rooted in a complex interplay of genetic vulnerability, socioeconomic barriers, and environmental factors, which has been further emphasized by the recent pandemic's spotlight on racial disparities in healthcare. These inequities culminate in exacerbated health risks and poorer outcomes for diabetes among the most marginalized groups.
Conventional healthcare approaches often fail to address the distinct challenges encountered by minorities, such as language barriers, transportation issues, and financial limitations
Diabimetrics is a groundbreaking AI-powered platform designed to overcome these hurdles. It offers a culturally attuned and accessible healthcare experience, reinforced by remote monitoring capabilities to ensure continuous and quality care.
Diabimetrics has the potential to revolutionize diabetes management for these at-risk communities. The platform is designed to improve health outcomes and quality of life for individuals with diabetes, striving to curtail the occurrence of complications associated with the condition.
Rejecting the inadequate one-size-fits-all model, Diabimetrics introduces a precision health solution that caters to the unique dietary, lifestyle, and economic needs of minority populations. With AI, IoT technology, and bioinformatics at its core, Diabimetrics delivers:
Personalized Glucose Monitoring:IoT devices provide real-time feedback informed by the user’s genetic background, lifestyle choices, and environmental context.
Predictive Analytics: A robust AI algorithm that analyzes a myriad of factors, from eating habits to exercise patterns, offering anticipatory guidance to manage glucose levels effectively and predict individuals at high risk of complications.
Community-Centric Platform: An ecosystem for users to share their journeys, promoting a collective learning experience and enriching the platform's data.
Diabimetrics stands as a beacon of community-centric innovation, prioritizing the specific healthcare needs of minority populations to furnish them with customized, culturally conscious, and economically viable diabetes management strategies.
We are dedicated to serving communities that are often underserved in healthcare: primarily African American, Hispanic, and Native American populations. These groups have historically faced higher rates of diabetes, compounded by factors like socioeconomic disparities, limited healthcare access, and cultural barriers. Diabmetrics' services are tailored to address these challenges with a culturally sensitive approach, recognizing the unique lifestyle, dietary habits, and health beliefs within each community.
Our AI-powered platform aims to provide personalized diabetes management that not only considers clinical data but also incorporates Social Determinants of Health (SDoH) which significantly impact diabetes outcomes. By focusing on these communities, Diabmetrics seeks to not just manage diabetes, but to also empower patients through education, enhance preventive care, and ultimately reduce the incidence of diabetes-related complications that are prevalent in these populations.
Our team, rich in diversity and expertise, is well-positioned to drive innovation in diabetes management for minorities. With personal ties to the cause, our commitment goes beyond professional—it's personal, fuelling empathy and understanding in our work. Founder Dr Onyeachom brings medical and tech innovation expertise, notably in enhancing IVC filter retrieval, improving patient safety and efficiency. Intellectual Property Attorney Nkechi secures our algorithm's patent, her work embodying the transformative power of innovation in healthcare. CTO Deric excels in software development and rapid prototyping, essential for adapting our solutions. Business Developer Simon skills in market analysis and user feedback are invaluable for refining our offerings. Endocrinologist Dr Cooper provides crucial insights on minority diabetes care, and Machine Learning Expert Professor Ioannis ensures our AI algorithms are scientifically sound and effective. Together, we're poised to make a lasting impact.
- Increase access to and quality of health services for medically underserved groups around the world (such as refugees and other displaced people, women and children, older adults, and LGBTQ+ individuals).
- 3. Good Health and Well-Being
- 10. Reduced Inequalities
- Growth
Diabimetrics rolled out its MVP to an initial group of 30 adopters, a vital step for collecting user insights and carving out its initial market foothold. The company is set to align itself as a health benefit partner for two companies and aims to attract 75 individual users, signaling a deliberate shift toward B2B engagement. This progression demonstrates the company’s evolution from a nascent idea to active market engagement, emphasizing expansion and solid establishment in the healthcare benefits arena. Each milestone marks deliberate advancement, building on previous successes, and paving the way for enhanced influence and market capture.
Diabimetrics, an innovative AI-powered platform, seeks to revolutionize diabetes management in underserved communities but faces several market entry barriers that could be addressed with the support from Solve.
Technically, Diabimetrics must stay abreast of the rapid advancements in AI and bioinformatics. Solve's network of technical experts and research institutions can provide collaboration and innovation opportunities to refine Diabimetrics’ offerings and maintain its competitive edge.
Market-wise, Diabimetrics confronts the challenges of an established healthcare industry with high entry barriers and regulatory complexity. With Solve's assistance, Diabimetrics can build relationships with healthcare providers and insurers, and navigate regulatory pathways more efficiently, ensuring its sophisticated diabetes management solutions reach and impact the communities in need.
- Business Model (e.g. product-market fit, strategy & development)
- Financial (e.g. accounting practices, pitching to investors)
- Human Capital (e.g. sourcing talent, board development)
Diabimetrics stands at the forefront of digital health innovation, with a specialized focus on catering to the nuanced needs of minority groups who are unduly burdened by diabetes. Our state-of-the-art platform leverages artificial intelligence to interpret patient data, paving the way for personalized treatment regimens.
Acutely aware of the high rates of diabetes and its associated health complications among African American, Hispanic, and Native American populations. To combat this, Diabimetrics' technology is calibrated to address these gaps. Through sophisticated data analysis, the platform uncovers vital insights into individual health patterns, translating them into concrete, actionable recommendations for patients. This proactive approach is designed to stave off serious diabetes-related complications such as heart and kidney diseases or vision loss, which these minority groups are at higher risk for.
In essence, Diabimetrics provides a comprehensive ecosystem geared towards revolutionizing diabetes care and bridging the health disparity gap in historically underserved communities.
Our solution is designed to make managing diabetes easier and more effective, especially for minority communities who face higher risks. By using our platform, individuals can get personalized guidance that understands their unique needs and challenges. We believe that by providing the right tools and information, people will have a better chance at keeping their diabetes under control, which means fewer health complications and a better quality of life. We expect our solution to work because it combines technology with a deep understanding of the people we're helping
The cornerstone of Diabimetrics' strategic growth and success hinges on enhancing health outcomes for diabetes patients, especially those in high-risk minority groups. The effectiveness of this approach could be assessed using indicators such as:
Complication Rate Reduction: By tracking a decline in diabetes-related complications such as amputations among platform users, Diabimetrics can demonstrate its impact on health outcomes.
Engagement Levels: Evaluating how often and consistently users interact with the platform could indicate its usability and effectiveness in daily diabetes management.
Clinical Metrics Enhancement: Observing the improvement in key clinical indicators, such as HbA1c levels, reflects the platform's ability to facilitate better diabetes control.
These metrics would be integral to Diabimetrics’ mission to improve patient quality of life and serve as a testament to the platform's utility and benefit for its user base.
The core technology behind our solution is a sophisticated AI algorithm that analyzes a wide range of data specific to the individual—such as blood sugar levels, dietary habits, activity levels, and even social determinants like access to healthcare and socio-economic status. This AI system learns from each user's unique health profile and provides personalized recommendations and management plans. By continuously learning and adapting, the AI ensures that the guidance stays relevant as the user's condition and lifestyle change over time. This personalized approach, powered by AI, is at the heart of our solution, enabling us to provide targeted and effective diabetes management support.
- A new application of an existing technology
- Artificial Intelligence / Machine Learning
- Software and Mobile Applications
- United States
Our team comprises four full-time staff members and two contractors
Our journey crafting this solution spans two years, with team connections that go back 3 to 12 years, knitting a strong fabric of expertise and camaraderie poised for triumph.
Our leadership team, reflecting Black, Hispanic, and Caucasian heritage, anchors our firm commitment to diversity and inclusion. We actively recruit from varied backgrounds, particularly those underrepresented in our industry, and support our staff's growth with training and mentorship. Communication and respect are central to our culture, ensuring every voice is heard. We also promote work-life balance through flexible policies and health programs, to support our team's overall well-being.
We have developed several business models to optimize its reach and impact:
- B2B Partnerships: We provide our platform to businesses as part of their employee wellness programs, targeting companies with substantial numbers of employees managing diabetes.
- B2C Subscription Model: Users can access premium features through a subscription-based model.
- Freemium Model: We offer essential services for free, while more advanced features are available for a fee.
- Licensing: Our platform is licensed to healthcare institutions, enabling them to offer enhanced diabetic care.
- Individual consumers or stakeholders (B2C)
We have crafted growth strategies aimed at broadening our market reach, expanding our product range, and building strategic partnerships. To maintain financial stability, we are implementing a subscription-based revenue model, engaging actively with our community, continuously innovating, and managing costs efficiently. These strategies are further supported by funding received from government grants and investments from academic institutions, enhancing our financial resources and enabling sustained innovation.
Founder/CEO