Project
DropCare

Project Summary
[ Intro ]
DropCare is an IoT device & service that is installed on IV(intravenous) liquid bag or urine bag to consistently collect and monitor data of patient's IV injection status or urine info(amount, color, turbidity) in real-time.

[ Purpose ]
DropCare is designed to serve as a predictor/detector for abnormal disease of the patients in wards. It can also significantly unburden heavy workload of nurses and help doctors to make fast and precise decisions which can ultimately lead to saving the lives of patients.

Business Model
⬡ Revenue Model : Production and sales/rent on device/service
⬡ Target Consumer : Hospital, Public Health Center, Family Doctor
⬡ Distribution Channels (Domestic & Foreign) : B2B, B2C, Direct sales to family doctors, Medical Communities Marketing and Sales through B.Braun Medical Incorporation(MoU contract since 2017).
⬡ Key Value : To gather critical data that are under the blind spot of the supervision, in order to save the life of the patient.

Main Achievements
2016.07 ⬡ Foundation
2016.10 ⬡ DropCare Exhibition - Hackathon (Seoul Medical Center)
2016.12 ⬡ DropCare Exhibition - International Hospitalism Exhibition (Seoul Medical Center)
2017.01 ⬡ Major Investment by BigBang Angels
⬡ Selected as R&D Support Company by accelerator associate
2017.03 ⬡ Successful crowdfunding via KTB Investment Security
2017.05 ⬡ DropCare pilot study (Seoul Medical Center)
⬡ MoU contract between B.Braun
2017.07 ⬡ Selected as supporting company through Biz Factory Program (Center for Creative Economy and Innovation)
2017.08 ⬡ Major Investment by Venture Square
2017.09 ⬡ Selected as TIPS(Tech Incubator Program for Startup) Company
Date of Establishment2016-07-01
AcceleratorVenture Square
StageInformation Service
Date of TIPS Selection2017-10-18