⏰ TL;DR (Too Long; Didn't Read)

<aside> ☝ Risorious develops mental health quantification and management tools, providing solutions for daily life as well as professional-level equipment for assisting individuals with neurological and related mental disorders

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💡The Idea

• Stress is a major contributor to many secondary conditions. However, today it is not effectively quantified , leading to difficulties in management and diagnosis.
• On a clinical level, properly diagnosing stress and relevant neurological conditions requires portable and easy to use equipment.
• Risorious developed rule-based algorithms that analyze and interpret physiological and neurological signals collected by personal monitoring devices (e.g., watch, ring) as well as from a EEG device
• The company offers two solutions:
  • Agora Lab, a “co-pilot” application, which will enables users to receive proactive, personalized stress management notifications, advice, and recommendations
  • An advanced and portable EEG device and software (in advanced development). This wireless 6-channel EEG will be used for monitoring neurological and psychological for people suffering from disorders such as YIPS, dementia, and depressive disorders.

🥇Benefits

• Real-time stress monitoring and analysis with near-zero logging for daily life
• Personalized, actionable insights for stress management to promote longer longevity and better quality of life
• Improved diagnostic capabilities for medical professionals, including early detection and intervention for various neurological conditions
• Provide objective evidence for assessing brain-related activities and screening of psychiatric disorders by quantitatively analyzing brainwaves
• Accurately follow up on treatment processes to develop new therapeutic strategies

💵Business Model

• B2C Wellness App (Agora Lab):
  • Monthly subscription model
  • D2C sales to users for stress management
• B2B2C Medical Device (EEG):
  • Discounted monthly fee or revenue-sharing
  • Sales to wellness providers and coachers. Initial usage cases include:
    • Cognitive Function and Dementia Monitoring
    • Emotional Function and Depression Assessment
    • YIPS Monitoring
    • Worker Safety Helmets
    • Student Concentration Check for ADHD

🌎Market data