Gendius, a UK-based diabetes research company, has successfully raised 300,000 through its latest equity crowdfunding campaign on Crowdcube. The funding round comes less than a year after Gendius raised more than 500,000 through its first Crowdcube initiative. Along with the funding round success, Gendius also announced its diabetes platform, Intellin, which has also reached 250,000 downloads.
Gendius is developing a range of remote management platforms for diabetes, including Intellin, which the company claims is now the world’s fastest-growing diabetes management app. Unlike many other diabetes tracking apps, Intellin highlights users’ risk profiles, to help users to plan for the future, and reduce their risk of developing complications.
“[Intellin] is an incredibly comprehensive tracking tool for monitoring a huge range of different variables that matter to diabetics. The most valuable bit is you can go to the priorities section off the app. It flags the high-risk areas, explains that risk, and then offers tailored advice to the patient. There is also a clinicians’ dashboard, which allows doctors to see all of their diabetic patients at once, and to deep dive into the individual patient’s results in order to see what their diabetic management is like. The overview it gives you is far clearer than anything we have got at the moment in general practice.”
In addition to the continued development and improvement of the remote management platform, Gendius reported it is also developing platforms to support young adults with diabetes, as well as those with gestational diabetes.
“Unlike many other diabetes tracking apps, the platform highlights risk, and acts as a diabetes ‘sat-nav’ to help users to plan for the future, and reduce the risk of developing complications. Identifying and treating diabetes complications early has been highlighted as a key way of improving outcomes for people with diabetes.”
Funds from the latest Crowdcube round will be used for the development of Intellin’s platform.
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