Project description

SiDLY develops new systems and services in the field of telemedicine. Using  unique algorithms and neural networks, it has created an intelligent system that monitors vital functions using wearable technology. Its flagship product, already available on the market, is the Care band, which is part of an advanced system for telecare. The system consists of a medical device in the form of a wristband, telemedicine platform and iOS and Android application. The product was created for people who need constant medical supervision. SiDLY Care allows you to discreetly and non-invasively monitor vital life parameters, and in the event of an emergency situation to respond quickly. All data regarding the health condition of the user are transmitted to the platform on an ongoing basis, which enables their effective monitoring and analysis. This solution provides the ability to constantly check the health status, which translates to easier validation of the recommended therapy, as well as provides comfort, safety and independence for the user.

Technology developed by Sidly received prestigious titles of “The Most Innovative Telemedicine Product”, “Laurel of Expert” and “Grand PrixMedical”. In addition, the company was awarded in the Microentrepreneur of the Year competitions, the 10 Best Startups of the Entrepreneurial Poland Ecosystem and the Best Feminine Startup in the Polish-Israeli competition.

Simpact’s role

Together with the InnoVenture fund, Simpact has invested PLN 2 million. Thanks to the investment, a research and development project will be implemented, which will enable the creation of a new version of the telemedicine system, extended with new functionalities that increase the quality and application of the device.

Impact:

Project carried out by Sidly ia a response to the demographic challenges of modern society. The indirect and direct beneficiaries of the project are people who require care, mainly elderly people. According to the TNR report, the number of people over 60 years old is expected to increase from 605 million to 2 billion in 2017-2025, with a special increase in the share of people over 80 years old. Poland does not diverge from this trend – according to a report by the CSO “Population forecast for 2003-2030”, in the next 20 years the number of people in working age will systematically decrease, to 20.8 million in 2030, and in the post-working age to 9.6 million. The SIDLY system broadens access to healthcare services, increases the sense of patient safety and contributes to the reduction of medical costs.

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