Lifelight Company Market Research Report
Company Overview
- Name: Lifelight, owned by xim Limited.
- Mission: To deliver personal healthcare monitoring for all at fingertips through contactless vital signs technology.
- Founded: Developed over 5 years by xim Ltd, with a foundation in healthcare innovations.
- Founder & Key People:
- Laurence Pearce, CEO & Founder
- Gil Baldwin, Non-Executive Chairman
- Andy Scarlett, Non-Executive Director
- Headquarters: The University of Southampton Science Park, 2 Venture Road, Chilworth, Southampton, Hampshire SO16 7NP.
- Number of Employees: Over 40.
- Revenue: No information is available.
- Known For: The world’s first clinical-grade contactless technology that estimates vital signs such as blood pressure, pulse, and respiration using a mobile device camera.
Products
Lifelight
- Description: A medical-grade, contactless health monitoring solution that provides vital sign estimates from mobile devices.
- Key Features:
- Completely Contactless: Uses camera built-in on mobile devices to estimate health metrics.
- Measurements: Blood Pressure, Heart Rate/Pulse, Respiration, and potential future inclusion of Atrial Fibrillation.
- Speed: Takes readings in 40 seconds.
- Integration & Compatibility: Available via SDK to integrate into platforms, compatible with various validated mobile devices.
- Medical Certification: CE and UKCA Class I Medical Device, with future expectation of CE Class IIa conformity.
Recent Developments
- New Products & Features:
- Continuously working towards CE Class II medical device certification and gaining FDA clearance.
- Partnerships:
- Partnered with Sanitas, a Swiss health insurer, to integrate vital sign readings into their customer app.
- Collaborated with multiple telehealth organizations across various geographies, including Denmark's Novo Nordisk.
- Exhibitions & Recognition:
- Exhibited at Global Health Exhibition in Riyadh and recognized by ORCHA with a top assessment score.
- Won Science & Tech Company of the Year, showcasing prominence in its field.
- Funding and Financial Milestones:
- Successfully raised over $8 million to date, utilizing funds to expand its technology reach globally.
- Inclusion on Platforms:
- Appointed to the NHSX Remote Monitoring Technology Platform.
- Continues clinical trials supported by Portsmouth Hospitals University NHS Trust and Barts Health NHS Trust.
- COVID-19 Impact and Response:
- Adapted to play a critical role during the pandemic by allowing remote, zero-contact monitoring of patients' vital signs.
By leveraging its innovative technology, Lifelight aims to revolutionize healthcare monitoring globally, offering contactless, scalable solutions across a range of health and telehealth platforms.