INVIZA Corporation (d.b.a. INVIZA Health)

Medical-Grade, Self-Charging Smart Insoles & Software Remote Monitoring Platform for Healthcare | Three health beta customers and two USAF contracts, $2.4M

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EXECUTIVE SUMMARY

🔵 INVIZA® Health  | Founded August 2, 2023; inviza.com | Makers of the INVIZA® CARE M1.0  (or simply InvizaCARE) remote patient and personnel monitoring  (RPM) and digital therapeutics (DTx) platform, including self-charging, medical-grade smart insoles and software (user app, cloud analytics, web portal) for a combined opportunity of $80 Bil global healthcare and global defense (health and fitness monitoring within military) markets with an aggregate 27.3% CAGR. 

The Company's mission is to provide the first all-in-one, self-charging, medical-grade  wearable tracker and software platform (app, cloud, web portal) for people and organization's personnel to maintain optimum health,  to achieve greater physical fitness and lower body weight to healthy levels,  to improve recovery during post-acute hospitalizations, and be safe as well.

MARKETS

🔹 Primary Market and Beachhead | Healthcare / Monitoring hospital workers (physicians, nurses, respiratory therapists, and more); preventative health.

Expansion of this Healthcare market includes: monitoring in-hospital patients, hospital-at-home (HaH) patients, older adults in assisted living facilities, people living in retirement communities, and VA hospitals.

🔹 Exploratory Market | Healthcare / Defense - Health (readiness) and physical fitness (performance) monitoring within the military.  Specifically targeting the Air Mobility Command ("AMC", 110K pilots, crew, and medical airmen) of the U.S. Air Force (330K airmen total). 

Expansion of this Healthcare market includes: all branches within the U.S. (180M personnel, excluding reserves) followed by all branches within U.S. friendly countries (30+ countries).

MARKET PROBLEMS

☑️  Inability to detect illness and disease early for preventative health;

☑️  Lack of clinically accurate, comprehensive health and physical fitness tracking with actionable insights/feedback to users;

☑️. 72% of Americans and 68% of  U.S. military personnel are either overweight or obese.

PLATFORM PRODUCT SOLUTION


Our INVIZA CARE M1.0 platform product includes:

🔹 InvizaSole M1.0 (or InvizaSole) | SmartPower™, self-charging from steps (multiple patents pending) smart insoles for shoes, sneakers, sandals, boots, and more with medical-grade vital sign, body motion, and location sensors, embedded artificial intelligence (AI) / machine learning (ML)  algorithms (for example fall detection and post fall evaluation), and Bluetooth, Wi-Fi, and LTE cellular wireless communications.;

🔹 InvizaCare M1.0 (or InvizaCare) | A user mobile app with DTx (digital therapy to promote walking. recovery, fitness, and body weight management;

🔹 InvizaCloud | A Secure IoT Operational Planning Environment (SIoTOPE)  designed per Department of Defense (DoD) strategies (funded development by U.S. Air Force) hosted today on MS Azure.   Uses Ai via ChatGPT 4o to evaluate vital signs and body motion data for early detection of illness (for instance COVID-19 symptoms) and disease (for example Multiple Sclerosis (MS) or Parkinson's and more), track physical fitness, evaluate body weight trends, and monitor safety. of the user; and

🔹 InvizaPortal | A web portal for physicians and other licensed  medical professionals to oversee medical / hospital workers, in-hospital patients, hospital-at-home (HaH) patients, older adults in assisted living facilities, people living in retirement communities, rural health, and VA hospitals, and military command to oversee their personnel.

The Company's alpha-level platform is ready, and our beta-level is in development and ready for beta-testing in late September 2024.

END-TO-END PLATFORM SOLUTIONS

☑️  PredictiveWellness™ monitoring with SmartPower™ battery recharging system from steps (6-11 weeks between recharging, depending upon number of average steps per day), medical-grade smart insoles and edge/cloud computing including AI/ML;

☑️  Clinically accurate health and highly accurate fitness tracking and DTx powered by AI/ML with actionable insights/ feedback to users; and

☑️  Body weight management DTx enabled by AI/ML with actionable insights/ feedback.

COMPETITION

🔹 Although there are numerous wearables on the market there are none that comprehensively are:
     ▪️  All-in-one, 18+ health, fitness and safety features powered by  edge and cloud-based AI/ML algorithms;
     ▪️  Medical-grade with clinical and highly accurate sensor data;
     ▪️  Include a SmartPower™ like battery recharging system;
          ➖  Except the Samsung Instinct 2 solar powered watch, 10-30 days (internally tested under normal conditions and mode of watch operation) between recharging with 3-hrs of direct sunlight per day;
               ✔️ No recharging indoors, for instance inside buildings, on lower decks of aircraft carrier, and many more examples);
     ▪️  Concealed from view.

MARKET SIZE / 5-YEAR REVENUE IN 2029

🔹 TAM -- $49.4 Bil Global Healthcare | $31.0 Bil Global Defense/Health and Fitness

🔹 SAM -- $19.2 Bil U.S. Healthcare | $9.4 Bil U.S. Defense/Health and Fitness

🔹 5-Year Revenue -- $59.0 Mil Healthcare (market penetration for medical begins in 2026) | $152.0 Mil Defense/Health and Fitness

🔹 SOM -- 0.1% Healthcare |1.6% Defense/Health and Fitness

TRACTION

🔹 $2.3 Mil, 18-month U.S. Air Force (USAF) Commercialization Contract (Jan-2024 to July-2025);

🔹 $90,100 USAF sub-contract with Quanterion Solutions Inc., Utica, NY (2024);

🔹 Early discussions with three (3) health companies both domestically and abroad:

     ▪️  IHLAD (UAE-based; US friendly) | Medical/ hospital workers and military;

     ▪️  CareNovation (US-based) | Medical/ Assisted Living faculties and retirement communities; and

     ▪️  VIRTUS Health (US-based) | Medical/ HaH/RPM older adults for Medicare PACE program.

FUNDING NEEDED FOR 3-YEAR RUN-WAY

🔹 Original $5 Mil seed round reduced to $4.0 Mil as a result of $1.0 non-dilutional funding from USAF.   

USE OF $4.0 Mil FUNDS

🔹 Software Development = $1.6 Mil (40.0%)
🔹 Business Development, Marketing, and Sales = $1.0 Mil (25.0%)
🔹 Hardware Development = $500 K (12.5%)
🔹 Manufacturing / Assembly / Test = $415 K (10.4%)
🔹 Overhead = $190 K (4.8%)
🔹 Intellectual Property (patents) = $150 K (3.8%)
🔹 Customer Support = $75 K (1.9%)
🔹 IT Support = $65 K (1.6%)

PLAN / MILESTONES OVER 3-YEAR RUNWAY

🔹 Business development, marketing, and sales | Obtain 6-9 new customers;

🔹 Firmware and software development | Finish beta-level platform, including beta-testing;

🔹 Hardware development | Finish beta-level insoles, including upgraded GEN 2.0 and GEN 3.0 SmartPower ™ system with sustainable materials (required by USAF) to open new markets in Europe, Norway, South Korea, and others.

🔹 Submit FDA 510(k) application and receive approval;

🔹 Apply for Medicare codes/pricing; and

🔹 Intellectual Property | Apply for 8-12 new patents.

INTELLECTUAL PROPERTY 

Software:
🔹 All firmware and software have been originally coded by INVIZA's internal and external team, and are fully owned by the Company.

Patents:
🔹 Issued/allowed
     ▪️  1 licensed patent;
     ▪️  1 allowed patent (2024); and

🔹 Applications
     ▪️  3 patent applications (USPTO office actions received), 4 patent applications in progress; and
     ▪️  8 provisional patent applications filed (will yield 8-16 patents).

Trademarks:
🔹 INVIZA®  | Registered 2021

Domains:
🔹 inviza.com, inviza.co, inviza.ai, invizahealth.com, invizahealth.ai, inviza.health

BOARD OF DIRECTORS (BoD; outside)

🔹 Qaizar Hassonjee, Ph.D. |  BoD Chair | Chief Visionary Strategist https://www.linkedin.com/in/qaizarhassonjee/

     ▪️  Former VP Innovations, Wearables, Adidas;
     ▪️  Former co-founder and CDO, Textronics (acquired by Adidas);
     ▪️  Founding Director, Angel Star Ventures (PA); Member, Robin Hood Ventures.

🔹 Governor Dr. Jeffery Colyer. M.D. | BoD Director | Chief Medical Strategist https://en.wikipedia.org/wiki/Jeff_Colyer

     ▪️  Former Governor and Lt. Governor, Kansas;
     ▪️  Chair, National Advisory Committee on Rural Health and Human Resources;
     ▪️  Surgeon; Volunteer combat surgeon (Ukraine, Afghanistan, Iraq, Rwanda); and
     ▪️  Founder, VIRTUS Health.   

🔹 Kurt Petersen, Ph.D. |  BoD Director | Chief Medical Device Strategist https://www.linkedin.com/in/kupetersen/

     ▪️  Serial entrepreneur;  Co-founder and former President, Cepheid (acquired by Danaher), Co-Founder and former CEO, Si Time (acquired by MegaChips), Co-founder and former VP Technology, NovaSensor (acquired by GE);
     ▪️  Member of Silicon Valley Band of Angels and Life Science Angels; and
     ▪️  IEEE Medal of Honor (2019).

EXECUTIVE TEAM

🔹 Robert Andosca, Ph.D. | President and CEO/CTO; BoD Director https://linkedin.com/in/randosca/

     ▪️  0-1 Serial entrepreneur with one exit; MicroGen Systems Inc. acquired in July 2017;  Raised $8 Mil Series A (two tranches);  Raised $2.6 M Seed Rounds; Wrote and awarded $6.7 Mil government grants; Developed IP strategy.
     ▪️  35+ years experience;  C-Level to Manager; Strategic Marketing, Business Development; Senior Scientist and MEMS/Sensor Engineer ;
     ▪️  PhD/MS Materials Science/ Electrical Engineering and Physics; and
     ▪️  Forbes Technology Council; 35K+ LinkedIn followers

🔹 Christopher Bicek | COO and EVP Software; BoD Director https://linkedin.com/in/cbicek/

     ▪️  0-1 Serial entrepreneur with two exits; Document Strategies;
     ▪️  35+ years experience; BS Computer Science and Business; and
     ▪️  9/11 Commission on Terrorism ;

🔹 Mary Ann Maher, Ph.D. | Interim Chief AI Officer;
https://linkedin.com/in/maryannmaher/

     ▪️ 0-1 Serial entrepreneur with one exit; Co-founder and former CTO/GM MEMSCap, France (IPO, Euronext); 35+ years experience;  Founder and CEO, SoftMEMS;
    ▪️ Member, Governing Council, SEMI MSIG; and
    ▪️ Ph.D. Computer Science, CalTech.

🔹 Monica Restrepo | CHWO and EVP Fitness; BoD Director https://linkedin.com/in/mrestrepo/

     ▪️  20+ years experience as licensed respiratory therapist;
     ▪️  Masters in Pediatric Respiratory Therapy; and
     ▪️  Bilingual English (fluent) and Spanish (native).

🔹 Thanos Karavergos | VP Revenue Operations https://www.linkedin.com/in/thanos-karavergos/

     ▪️  10+ years experience in business development and sales within healthcare industry; 
     ▪️  Masters and Bachelors in Marketing and Business;
     ▪️  Bilingual English (native) and Greek (native).

~Powering Telehealth Connectivity™~

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