Skinive

Skinive is a simple way to identify and assess the risks of skin diseases using your smartphone! Simply take a picture of your skin pathology and send it to the Skinive app for analysis by AI algorithms based on the largest dermatological database in the world.

Basic details

Amount raising

€3,000,000

Country

Netherlands

Industry

AI/ML, Health, MedTech

Website

https://Skinive.com

Founders

Last updated:

March 12, 2023

Key Achievements

✅ 150K Skinive App Installs (Aug’22- Feb’23) ✅ B2B - 8 paying clients ✅ B2C: Reaching break-even point in some countries
🌟 Company shows good Product-Market-Fit: +900,000 skin conditions have been analysed, with around 10% of cases identified as health risks, first revenue of €55K in Q3-Q4 2022. 🌟 Technology leaders: first among competitors developed a solution for 1-5 skin phototypes that covers over 50 skin conditions with +95% accuracy (skin cancer, HPV, herpes, mycosis, eczema, psoriasis, dermatitis, acne, etc ) 🌟 Skinive has proven the ability to grow fast: The company reached 100K users in 5 months and has a clear strategy to capture meaningful global market share

Premium Details Available

Monthly Revenue
Growth rate (month over month)
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

€5K - €10K

Growth rate month over month

8-12%

Monthly revenue context

We are now using a subscription model for personalised app usage, and a SaaS model for Skinive Cloud. In 2023, we also plan to introduce a number of new services, such as teledermatology and personalised medication selection, which will enable us to significantly increase the average check.

Number of paying customers

200

Monthly active users

25000

How much have you raised in the past?

550000

Do you have a lead investor?

Almost

How much of this round already committed?

1000000

When are you aiming to close this round?

Patent status

Year founded

2020

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Yes

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

70-79% owned by founders

Is there a women founder with at least 5% of the shares?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

None of these

Graduation year from EUR, Erasmus MC or TUDelft

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