BITERIUMAI
BITERIUMAI is a tech startup that aims to detect cardiovascular disease at an early stage, monitor health, monitor lifestyle, and develop a referral system through a mobile app and smart assistant. Health history, personalized treatment, and physician feedback are prerequisites for health.
In 2022-year BITERIUMAI won GITA start-up matching grants with the amount of 15,000 GEL.
Start-up valuation service
We determined the pre-money & post-money value of start-up BITERIUM.AI based on pre-revenue start-up qualitative & quantitative valuation methods.
Start-up business development service
We created a business development plan for BITERIUM.AI , which includes:
- Executive summary
- Description of start-up background
- Determination team and organizational structure of start-up
- Detailed description of innovation technology of start-up
- Market Analysis – determination Total Addressable Market – T.A.M
- Market Analysis – determination Serviceable Available Market – S.A.M
- Market Analysis – determination Serviceable Obtainable Market – S.O.M
- Determination main competitors
- Determination of future strategy of start-up development
- Determination commercialization strategy
- Determination & optimization of the business model
- Determination of development plan of start-up
- Planning a 5-year project budget for GITA start-up matching grants.
- Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
- Investment return analysis.
- Calculation of revenue growth rate and CAGR – Compound Annual Growth Rate for a 5-year projected period.
- Profitability analysis of 5-year financial projected P&L statements.
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