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Speaker of the Day

Digital health: Invest in product, not marketing

She’s built a digital health startup founded with €17 million – learn how from Temedica-CEO Gloria Seibert and join her masterclass at #bits20

Digital Health has become a hot topic for entrepreneurs right now – heated up even more by the rise of the current coronavirus pandemic. In 2020 alone, the estimated global market for the industry reaches an impressive volume of 504 billion US dollars until 2025 according to data firm Statista. 

Temedica is a Munich-based startup, which creates different digital products in order to improve the quality of patient care. The company was founded in 2016 and has passed some major milestones since. Amongst them, the development of various applications for the treatment of back pain, weight reduction and a pelvic floor training. In January 2020, Temedica received a 17 million euros funding.

Building a successful player in the healthcare space and finding the right product market fit though bears a lot of complexity and needs a lot of ressources from day one, as Gloria Seibert, founder and CEO of Temedica, stressed in a recent interview with Gründerszene. As Gloria recounted: “It takes a lot of time and resources right from the start to bring an idea to the point where it can be used as a real product on the market.”

And this is just one of many hurdles as it turns out – from the questions of  1) whether you need professionals in medicine, business and IT in your team to 2) data protection & regulation to 3) the right partnerships with traditional industries – many aspects have to be considered.

But no worries, we’ve got you covered. At our Bits & Pretzels Networking Week (Sept 27th – Oct 2nd 2020) we’ve gathered almost 200 of the best experts, among them company builders in the field of medicine and digital health for you to personally meet and interact face to face – in an environment that’s secure and comfortable enough to even ask your most embarrassing questions.

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For that reason we’ve invented a completely new digital event session that we call Masterclass, hosted by experienced experts who went through the process that’s ahead of you already, successfully found answers to these challenges and were able to build impressive and successful companies, so they can guide you the way. 

In the case of building a business in the healthcare space that’s for sure Gloria Seibert. For example, she has learned to dedicate a lot of budget early on to comply and deal with regulations, product development and medical tests – whereas in other areas, like marketing she didn’t invest at all from the start. 

Her most important insights and more, Gloria Seibert is going to share during her Masterclass. So register now to save yourself a seat. 

Join us now