Raccoon.World
Raccoon.Recovery is a platform for digital rehabilitation. Its core is a cloud-based software for patient management, rehabilitation course creation and remote monitoring. Raccoon.Recovery solution is beneficial for patients during all stages of physical rehabilitation. To control physical exercises, we provide sensors, and during the lockdown, patients can use their smartphones instead of sensors. The problem we solve and market size. Every year more than 275M people need long term physical therapy, according to the WHO data. There are 700 patients per 1 PT each year, while the maximum serviceable quantity is 300, according to the WCPT. Moreover, 7 out of 10 people do not reach their therapy goals due to outdated rehabilitation methods and misunderstanding of course progress. Raccoon.Recovery targets a rapidly growing (10,6% CAGR in 2019 and 36% CAGR in 2020) rehab equipment market, which is expected to generate revenue of $16.44 billion by 2024. Our customers. Our customers are physical rehabilitation centres (public and private, outpatient and inpatient) and insurance companies. As a part of scaling, we also consider b2c sales. Raccoon.Recovery is already launched in Germany, Poland and Ukraine. We will scale further to other European, Asian and African countries. The fact that 50 clinics started their trials within 3 months proves the market fit of Raccoon.Recovery. Value for every stakeholder. Thanks to automation, digitized examination and remote monitoring, physiotherapists save time that results in up to +150% revenue increase for rehabilitation centers. With Raccoon.Recovery, insurance companies can forecast costs and course duration as well as reduce up to 60% expenses. Patients benefit from access to rehabilitation from anywhere in the world, gamified rehab courses with measurable results and reach 3x better outcomes from physiotherapy. Progress/Awards. - Supported by Max Planck Institute, PZU Group and German Olympic Committee - One of the TOP 35 best startups worldwide by Startup World Cup 2019 - Finalist of Grand Pitching show on Wolves Summit Poland 2019 - Receiving a grant from Horizon 2020, 2018 - One of the Top 12 Most Promising Tele-Rehab Projects Based on a Fortune 100 Analysis We provide rehabilitation centres with software and devices for digitized rehabilitation to treat people after injuries and neurological diseases. Raccoon.Recovery is a cloud-based software for patient management, rehabilitation course creation and remote monitoring. Our solution is beneficial for patients during all stages of physical rehabilitation. To control physical exercises, we provide devices, and during the lockdown, patients can use their smartphones instead of sensors. The problem we solve and market size. Every year more than 275M people need long term physical therapy, according to the WHO data. There are 700 patients per 1 PT each year, while the maximum serviceable quantity is 300, according to the WCPT. Moreover, 7 out of 10 people do not reach their therapy goals due to outdated rehabilitation methods and misunderstanding of course progress. Raccoon.Recovery targets a rapidly growing (10,6% CAGR in 2019 and 36% CAGR in 2020) rehab equipment market, which is expected to generate revenue of $16.44 billion by 2024. Our customers. Our customers are physical rehabilitation centres (public and private, outpatient and inpatient) and insurance companies. Raccoon.Recovery is already launched in Germany, Poland and Ukraine. We will scale further to other European, Asian and African countries. The fact that 50 clinics started their trials within 3 months proves the market fit of Raccoon.Recovery. Value for every stakeholder. Thanks to automation, digitized examination and remote monitoring, physiotherapists save time that results in up to +150% revenue increase for rehabilitation centres. With Raccoon.Recovery, insurance companies can forecast costs and course duration as well as reduce up to 60% expenses. Patients benefit from access to rehabilitation from anywhere in the world, gamified rehab courses with measurable results and reach 3x better outcomes from physiotherapy. Progress/Awards. - Supported by Max Planck Institute and PZU Group - Received Fast Track to Innovation grant, 2020 - Received a grant from Horizon 2020, 2018 - One of the TOP 35 best startups worldwide by Startup World Cup 2019 - One of the Top 12 Most Promising Tele-Rehab Projects Based on a Fortune 100 Analysis Co-founders are alumni of YCStartupSchool 2018, SABIT programme 2018, Startupbootcamp Digital Health accelerator in Berlin 2018, MIT Enterprise Forum CEE program 2020, and 500 Startups Accelerator 2020. Fundraising. We closed the 900K euro seed round in August 2020. Series A will open in 2021. Academic partners. We are looking for a partnership with universities, institutions and hospitals to conduct clinical evaluations and trials.
Raccoon.Recovery is a platform for digital rehabilitation. Its core is a cloud-based software for patient management, rehabilitation course creation and remote monitoring. Raccoon.Recovery solution is beneficial for patients during all stages of physical rehabilitation. To control physical exercises, we provide sensors, and during the lockdown, patients can use their smartphones instead of sensors. The problem we solve and market size. Every year more than 275M people need long term physical therapy, according to the WHO data. There are 700 patients per 1 PT each year, while the maximum serviceable quantity is 300, according to the WCPT. Moreover, 7 out of 10 people do not reach their therapy goals due to outdated rehabilitation methods and misunderstanding of course progress. Raccoon.Recovery targets a rapidly growing (10,6% CAGR in 2019 and 36% CAGR in 2020) rehab equipment market, which is expected to generate revenue of $16.44 billion by 2024. Our customers. Our customers are physical rehabilitation centres (public and private, outpatient and inpatient) and insurance companies. As a part of scaling, we also consider b2c sales. Raccoon.Recovery is already launched in Germany, Poland and Ukraine. We will scale further to other European, Asian and African countries. The fact that 50 clinics started their trials within 3 months proves the market fit of Raccoon.Recovery. Value for every stakeholder. Thanks to automation, digitized examination and remote monitoring, physiotherapists save time that results in up to +150% revenue increase for rehabilitation centers. With Raccoon.Recovery, insurance companies can forecast costs and course duration as well as reduce up to 60% expenses. Patients benefit from access to rehabilitation from anywhere in the world, gamified rehab courses with measurable results and reach 3x better outcomes from physiotherapy. Progress/Awards. - Supported by Max Planck Institute, PZU Group and German Olympic Committee - One of the TOP 35 best startups worldwide by Startup World Cup 2019 - Finalist of Grand Pitching show on Wolves Summit Poland 2019 - Receiving a grant from Horizon 2020, 2018 - One of the Top 12 Most Promising Tele-Rehab Projects Based on a Fortune 100 Analysis We provide rehabilitation centres with software and devices for digitized rehabilitation to treat people after injuries and neurological diseases. Raccoon.Recovery is a cloud-based software for patient management, rehabilitation course creation and remote monitoring. Our solution is beneficial for patients during all stages of physical rehabilitation. To control physical exercises, we provide devices, and during the lockdown, patients can use their smartphones instead of sensors. The problem we solve and market size. Every year more than 275M people need long term physical therapy, according to the WHO data. There are 700 patients per 1 PT each year, while the maximum serviceable quantity is 300, according to the WCPT. Moreover, 7 out of 10 people do not reach their therapy goals due to outdated rehabilitation methods and misunderstanding of course progress. Raccoon.Recovery targets a rapidly growing (10,6% CAGR in 2019 and 36% CAGR in 2020) rehab equipment market, which is expected to generate revenue of $16.44 billion by 2024. Our customers. Our customers are physical rehabilitation centres (public and private, outpatient and inpatient) and insurance companies. Raccoon.Recovery is already launched in Germany, Poland and Ukraine. We will scale further to other European, Asian and African countries. The fact that 50 clinics started their trials within 3 months proves the market fit of Raccoon.Recovery. Value for every stakeholder. Thanks to automation, digitized examination and remote monitoring, physiotherapists save time that results in up to +150% revenue increase for rehabilitation centres. With Raccoon.Recovery, insurance companies can forecast costs and course duration as well as reduce up to 60% expenses. Patients benefit from access to rehabilitation from anywhere in the world, gamified rehab courses with measurable results and reach 3x better outcomes from physiotherapy. Progress/Awards. - Supported by Max Planck Institute and PZU Group - Received Fast Track to Innovation grant, 2020 - Received a grant from Horizon 2020, 2018 - One of the TOP 35 best startups worldwide by Startup World Cup 2019 - One of the Top 12 Most Promising Tele-Rehab Projects Based on a Fortune 100 Analysis Co-founders are alumni of YCStartupSchool 2018, SABIT programme 2018, Startupbootcamp Digital Health accelerator in Berlin 2018, MIT Enterprise Forum CEE program 2020, and 500 Startups Accelerator 2020. Fundraising. We closed the 900K euro seed round in August 2020. Series A will open in 2021. Academic partners. We are looking for a partnership with universities, institutions and hospitals to conduct clinical evaluations and trials.
Raccoon.World has raised $800k across 1 round. Its most recent round was a Grant of $800k in Jan 2021. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
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