[FW Radar] Healsy, the app to help people with diabetes
Stéphane Bidet and Nicolas Caleca, two former colleagues, exchange regularly to discuss diabetes. These joint discussions led them to one conclusion: there is no tool to effectively manage the disease! So they imagined it, and after confronting their idea with patients, decided to go for it.
From this observation, was born: Healsy, the start-up is developing a smartphone application for diabetics that determines the blood sugar level and the right amount of insulin to be injected.
More details with Stéphane Bidet, co-founder of Healsy:
FrenchWeb: What needs does your service meet?
We live with diabetes on a daily basis, our loved ones suffer from the pathology, and we have patients on our team. We see the difficulties they encounter every day, the main one being making the right decisions about treatment: being able at all times to assess the risks and administer the right dose of insulin or sugar. The process is very complex and they make a lot of mistakes with potentially dramatic consequences. It is a permanent stress for him and his entourage!
What is your value proposition?
At Healsy, we transform the lives of diabetic patients by providing them with the information they lack: how will my blood sugar change depending on what I’m going through! We are developing a mobile decision support platform, based on AI, capable of personalized predicting changes in blood sugar levels over several hours. Our solution therefore makes it possible to anticipate risks and make informed decisions to best manage the pathology, and that is unique!
Who are the users of your solutions?
The users of our solution are diabetic patients treated with insulin. They must inject their treatment several times a day, determine the doses on their own, and be aware of their condition to avoid any risk of hypoglycemia or hyperglycemia. To do this, they must compile all the parameters that can influence their blood sugar: insulin already injected, meals, physical activity, emotional state, stress, etc. The process is so complex that patients assess their needs blindly, based on their experience. Since the start of the project, we have been working with patient associations, and by questioning them, it emerges that, despite their tools (pen / insulin pump, blood glucose sensor, follow-up book), they lack a real support tool. decision.
What is your development plan?
We are emerging from 2 years of R&D and we filed our first patent at the end of December! Now we are starting to develop our system, we are also in the process of recruiting to complete our dev team. But before reaching the market we must go through a certain number of regulatory steps, we are developing a medical device, and our ambition is to rapidly deploy in our 2 main markets (Europe and US), we have sized our roadmap for this purpose.
What are your challenges?
It’s a very competitive market, there are a lot of players who are positioning themselves, more or less relevant, and even if we already have contacts with major international labs, we have to get to the market fairly quickly. Our main challenge is therefore to have the means to meet our ambitions and we have just started to raise funds accordingly.
Who are your competitors?
We have noticed in the course of our contacts with the big laboratories that they are partners and not competitors. Our competition comes from start-ups positioning themselves in similar niches, but we are the only ones to have a small data approach focused on the patient and therefore more relevant.
Who is the entrepreneur who inspires you?
Elon Musk: he still sent his convertible into space with David Bowie thoroughly, he has good musical tastes!
The 5 applications that are essential for you and why:
The general channel of our Slack, but also the tech channel, the datascience channel, the design channel and of course the random channel.
Without it we feel a little disconnected from reality 🙂
The 5 tech events you absolutely must attend and why:
ATTD (Advanced Technologies & Treatments for Diabetes), Google IO, WWDC, AWS Reinvent and CES to make sure we are always on the cutting edge;)
A start-up for us to discover?
Cardiologs, they are a hit!
- Founders: Stéphane Bidet: CEO, Nicolas Caleca: CTO
- Creation date : June 2016
- Fundraising : No in progress
- Seat : Ile-de-France