Activity report - Intuitim
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Activity report - Intuitim

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Description

Growth Currently Intuitim is owned by its 2 founders. FUNDING STRUCTURE 50.000€pre-agreement with an early-adopter Ronald Moncarey R&D Engineer Health MAIN CARACTERISTICS SECTOR INTUTIMAT AGLANCE COUNTRY C R ROWD EPORT Edouard Delvaulx COO Published on June 5, 2015 87,912 EUR Report–2015/ #1 AMOUNT INVESTED BY THE CROWD (MyMicroInvest Finance) TEAM STAGE 1 Other paying early-adopters in negotiation phase. EMPLOYEES Vincent Nicolas CEO ENTREPRENEURS SOURCES 1 2 GeneralInformation What we do? Recap. We develop applications to help radiologist do annotations on medical images and create better reports and follow-up. A quick presentation video is available on this link : https://www.mymicroinvest.

Informations

Published by
Published 05 June 2015
Reads 11
Language English

Exrait

Growth
Currently Intuitim is owned by its 2 founders.
FUNDING STRUCTURE
50.000pre-agreement with an early-adopter
Ronald Moncarey R&D Engineer
Health
MAIN CARACTERISTICS SECTOR
INTUTIMAT
AGLANCE
COUNTRY
C R ROWD EPORT
Edouard Delvaulx COO
Published on June 5, 2015
87,912 EUR
Report2015/ #1
AMOUNT INVESTED BY THE CROWD (MyMicroInvest Finance)
TEAM
STAGE
1
Other paying early-adopters in negotiation phase.
EMPLOYEES
Vincent Nicolas CEO
ENTREPRENEURS
SOURCES
1
2
GeneralInformation
What we do? Recap. We develop applications to help radiologist do annotations on medical images and create better reports and follow-up.
A quick presentation video is available on this link : https://www.mymicroinvest.com/fr/startups/642-intuitim
Company development since start
Explanation: st - 1 client
First customers : 3 regional networks for cancer screening First commercial partnership Recruiting our first employee Break even in 2014
Focus on year 2015
ISO 13 485 et 9001 certification obtained Delivery ofMinistère de la Santé de Luxembourg(international visibility) Increased turnover on existing customers A business client that uses our solutions to create its own products One partnership in advanced discussion with a company that would like to integrate our solutions 1 pre-agreement with an hospital group
Report2015 / #1
Published on June 5, 2015
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Going from a service company to a global multi-pathology product company
Financial results & key numbers
Published on June 5, 2015
Number of product use : - 2014 : 32.000 - Objective 2015 : 80.000 2 countries equipped for screening : Belgium & Luxembourg
Report2015 / #1
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* Officials accounts not yet published; waiting for the accountant.
Strategy evolution
Target a use for 100% of the radiologist work Provide automatism for data encoding Produce standardized reports Bring progressive enhancement per specialization Become a smart link between the images and the patient records Usable from anywhere on any device (computer, tablet, smartphone)
From 2015
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GeneralInformation
Global offer for whole radiology
Break even achieved in 2014 Turnover 2014 : 180.000* Turnover 2015 first quarter (signed) : 102.000
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Current products continuity
Published on June 5, 2015
Present in details our vision, goals and progress Extend the crowdfunding process due date Adapt the co-investor amount required Get your advise on our next steps
Financial need evolution
Step 1 : develop a minimum viable product with early adopters (6 months) Step 2 : enhance the product for global radiology and spread it on the market Step 3 : improve the product for specialized pathology
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Points to discuss at General Assembly
With this lean approach it is preferable to adopt a smarter funding strategy that will emphasize on the participation of early adopters. As a result͞sŵarter͟money like from participating early adopters or from private ͞ďelievers͟is much more adequate than venture capitals. Also we propose the following strategy 1. Invested together with the crowd : Early-adopters : we already have a pledge of 50.000, discussing with more Private ͞ďelievers͟ 2. Crowdfunding for 100.000
GeneralInformation
2
Roadmap to get there
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Report2015 / #1
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2.
3.
1
2
GeneralInformation
HowCanYouHelp?
By bringing us new interesting contacts in those organizations : hospital ( doctors or employee at radiology service or management), INAMI, medical imaging industry. By advising us on the options we face to develop our project (internationalization, partnerships) By investing more as crowdfunder or direct investor.
Report2015 / #1
Published on June 5, 2015
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Strategic Actions Done
1
2
GeneralInformation
- Finalize our funding round with a comprehensive strategic plan : searching for an early adopters and more financial partners ready to back our project - Internationalization : - Propositions to industrial players - New interesting market opportunities detected
Sales - Extension of current customers - Health Ministry of Luxembourg : our application is now running all theĐouŶtry’sbreast cancer screening program - 1 leading Belgian company which will soon uses our solutions to run its imaging workflow worldwide - Lots of discussions going on for other sales7+ advanced discussions to be continued - Turnover 2015 Q1 (signed) : 102.000
Human Resources
As we did not complete our total funding round yet, we are still waiting before concluding new employee contracts. Nevertheless, we already identified interesting candidates we could hire when we will be ready. We also have 4 interns since January and will have 2 more during the summer.
Costs
- Human resources mainly : to ensure the technology development of our new products as well as cover marketing and sales. - Operational costs (admin, etc.)
Report2015 / #1
Published on June 5, 2015
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