Five Lives
Specializes in building the most accessible, affordable and clinically-validated brain health platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Seed | ||
| Total Funding | 000k | ||
| USD | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Five Lives is a pioneering startup focused on tackling one of the most pressing health challenges of our time: dementia. The company operates in the digital therapeutics market, which involves using digital tools to treat medical conditions. Five Lives specifically targets cognitive health, aiming to detect, prevent, monitor, and treat dementia through innovative digital solutions.
The core offering of Five Lives is a suite of engaging and accessible digital tools designed to track and improve cognitive health. These tools are intended to help users make personalized lifestyle changes that can significantly reduce the risk of developing dementia. The company leverages growing evidence that markers in the brain, which indicate the potential for dementia, can be detected 10 to 20 years before symptoms appear. By acting during this early period, Five Lives aims to delay or even prevent the onset of dementia for millions of people.
Five Lives primarily serves individuals who are at risk of developing dementia, as well as healthcare providers who are looking for more efficient and cost-effective ways to manage cognitive health. The startup's business model is based on a self-serve digital therapeutics platform, which means users can access and use the tools on their own without needing a specialist. This approach not only makes the tools more accessible but also significantly reduces costs compared to traditional methods of dementia detection and prevention.
Revenue for Five Lives is likely generated through subscriptions or one-time purchases of their digital tools. By offering a scalable and user-friendly solution, the company can reach a broad audience, from individual consumers to healthcare providers, thereby creating multiple streams of income.
In summary, Five Lives is revolutionizing the way we approach dementia by providing cost-effective, early detection and prevention tools that empower individuals to take control of their cognitive health.
Keywords: dementia, digital therapeutics, cognitive health, early detection, prevention, personalized lifestyle, accessible tools, healthcare, cost-effective, self-serve platform.