Filisia Interfaces Limited

Product: 
Life Sciences
Status: 
Closed
Sector: 
Training Technology
Aim of funding: 
Seed
HMRC Advance Assurance received: 
Yes

Filisia Interfaces Limited

Description: 

Filisia addresses the training, rehabilitation and access requirements of people with special education and rehabilitation needs through creative and connected technology.       

Filisia estimates that there are over 150 million people globally with special education and rehabilitation needs. Cognitive, communication, and physical training is essential, but expensive, repetitive, and often viewed as not always engaging for the person receiving it. Existing technological solutions are often viewed as unattractive and do not provide significant data insights. The result is slower recovery and training, suboptimal therapy results and increased care costs.

Filisia’s patent pending software has a number of key features that have been designed with therapists. The software has modules for differing conditions and offers gamified rehabilitation exercises. Multiple difficulty levels tests both physical and cognitive abilities. The software also collects and displays data on clients’ and can record cumulative data to show improvement, flat line or decline in the users outputs.

Opportunity: 

The current market is based on assistive technology suppliers selling to bulk purchasing businesses in local authorities and the NHS, with current estimates that there are 1.7million systems in use.

Based on their base growth scenario, Filisia estimates to break-even on the 2nd year after product launch and plans to reinvest in R&D.

Information on this webpage relates to and is provided by Deepbridge Advisers Limited.

The content of this webpage should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors may not get back the full amount invested. Investments in small unquoted companies carry an above-average level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. Deepbridge Capital LLP, Deepbridge Advisers Limited and Enterprise Partners LLP (together "the Sponsors," or "Sponsor) do not provide specific individual advice on the suitability of investments with regard to a potential investor's individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them.