QUMEA Company Analysis Report

Company Overview

Name: QUMEA AG

Mission: QUMEA is dedicated to maximizing prevention and minimizing intrusiveness in healthcare environments. Their mission is to proactively assist healthcare professionals in managing risks and improving patient outcomes with advanced and subtle technological solutions.

Founding: QUMEA was founded in 2019.

Founders: No information is available.

Key People:

Cyrill Gyger - Chief Executive Officer

David Meier - Chief Operating Officer

Jonas Reber - Chief Technology Officer

Anna Windisch - Chief Marketing Officer

Christoph Barmet - Chief Product Officer

Valerio Signorelli - Chief Commercial Officer

Chantal Marty - Chief Financial Officer

Marcel Schevemann - VP Germany

Micha Kämpfer - VP Nordics

Ido Gershoni - Director Application Excellence

Fabio De Nardis - Lead Customer Success

Headquarters: Solothurn, Switzerland, with branches in Stockholm, Sweden, and Mannheim, Germany.

Number of Employees: No information is available.

Revenue: No information is available.

Recognition: QUMEA is known for its advanced and comprehensive system for fall prevention and mobility monitoring in healthcare institutions, employing a unique sensor technology and intelligent software to enhance patient safety while preserving privacy.

Products

Product Overview

QUMEA offers a state-of-the-art mobility monitoring system, primarily deployed in hospitals and long-term care facilities for effective fall prevention and mobility assessment.

Technology: The system is based on a 3D radar sensor known as the QUMEA RADIQ-1, which provides comprehensive monitoring without using cameras or microphones, ensuring privacy by design.

Operation: The sensor can track macro- and micro-movements, assessing patient movements and activities such as bed exits, standing up, agitation, and falls.

Key Features

Continuous Monitoring: Provides real-time monitoring of patient activity and mobility.

Privacy Preservation: Ensures anonymity by employing radar technology rather than visual data collection methods.

Reduction in Falls: Achieves a reported reduction in falls by 74% through early detection of movement patterns.

Integrated System: Includes cloud processing and mobile/web applications for data analysis and alarm notifications.

Enhanced Caregiver Support: Reduces the effort required by caregivers by 20% with reliable alarm systems.

Full Room Coverage: Monitors not only the patient's bed but entire rooms, accommodating multiple individuals.

User-Friendly: Offers seamless integration and user experience with existing hospital infrastructures such as light call systems and KIS.

Recent Developments

New Partnerships and Collaborations

Partnership with CURAMED Medizintechnik GmbH: A strategic collaboration aimed at enhancing the delivery of digital mobility monitoring in Austria's care facilities and hospitals.

Collaboration with Ascom at Spital Muri: Focused on optimizing patient care, increasing safety, and reducing costs through advanced monitoring.

Product and Feature Enhancements

Expansion in West Switzerland: The integration of QUMEA’s patient monitoring system in Établissements Hospitaliers du Nord Vaudois, indicating a growing presence in Western Switzerland.

Psychiatric Projects: New initiatives in St. Gallen focusing on patient safety without mechanical restraints, leveraging QUMEA technology for enhanced monitoring.

Recognitions and Awards

Swiss Economic Award 2024: Awarded for outstanding entrepreneurial performance and contribution to innovation in the startup sector.

New Market Entries

Entry into the Swedish Market: Opening of a branch in Sweden, reflecting QUMEA's strategic expansion into the Nordic healthcare market.

Financial Developments

Series A Financing: Secured CHF 9 million to advance health risk management and patient safety solutions.

Other Developments

Relocation of Headquarters: Moved to the "Energy & Technology Campus in Solothurn", continuing to benefit from a supportive innovation ecosystem.

This report highlights QUMEA's commitment to advancing healthcare technology while preserving patient privacy, enabling better outcomes, and enhancing the efficiency of healthcare providers.