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Crowd-funding to bring AI health to athletes
- October 24, 2023
- Steve Rogerson
Florida-based wearable digital health technology company Healables has launched a $4.8m crowd-funding campaign to bring AI personalised health to athletes and patients.
“We’re excited to offer this opportunity for physical therapists, athletes, trainers and coaches, and other retail investors to back our company on a mission to transform human health,” said Moshe Lebowitz, CEO of Healables Digital Health. “The company that’s going to do that is Healables.”
George Lowell, chief science officer of Healables, added: “Health is broken. Not just in America, but all over the world. And it’s broken because the one-size-fits-all approach does not meet the needs of the individual. We have built the team and the product that delivers personalised performance and will deliver personalised medicine.”
Lowell is a biotech entrepreneur with a previous successful exit. The Healables team includes medical doctors in sports medicine and pain management, and AI data scientists, electrical engineers and experts in material science, product development and user experience from Harvard University, Johns Hopkins University, MIT and other universities.
The secret sauce of Healables technology is the novel way the company delivers microcurrents. Microcurrent technology has been researched in over 175 published peer-reviewed medical papers. The problem with microcurrents has been that, until now, use of the technology required highly skilled professionals with a lot of hands-on time and cumbersome sticky, gooey, disposable electrodes that practically immobilised the patient.
Healables’ electron stream technology unites three patent-pending innovations that make microcurrent technology smart and accessible. First, smart textiles with built-in dry electrodes allow users to put the wearables on by themselves with complete mobility and comfort. Secondly, smart sessions leverage AI to enable data-driven personalisation, optimised for each person. And, thirdly, remote smart time management allows both practitioners and users hands-off freedom because sessions can be monitored and modulated from anywhere at any time.
Funds from the crowdfunding campaign will help the company scale ElectroGear, its sports performance and recovery product line, and advance its medical technology through clinical trials focusing on non-opioid and non-steroidal options for musculoskeletal, pain and inflammation disorders.
As Lowell said: “It’s a great feeling knowing that you can help people. We invite you to join us.”
Healables (invest-in.healables.com) is an AI health technology company on a mission to transform human health, performance and recovery with personalised, bioelectric wearables. It is headquartered in Miami, Florida.