Kilo Health is Creating a Digital Health Tech Hub
Kilo Health, a digital health and wellness company, in just a few months acquired 3 health tech startups to strengthen AI and mental health capabilities.
Vilnius, Lithuania, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Kilo Health, one of the world's leading digital health and wellness companies, is integrating data-driven solutions, services, and in-house medical devices to create an all-encompassing health and wellness ecosystem. To achieve that, the group is developing its own products and consolidating its position in the digital health market by buying other startups.
“Traditional healthcare systems tended to be slow-moving and resistant to innovation. But today we are one step away from a tectonic shift in the health and wellness market. Data is being democratized, integrations with state digital health platforms are being created, and new sensors let us converge the physical and digital worlds to get the best of both. It's a new industry being born," says Tadas Burgaila, CEO of Kilo Health. "I believe health tech companies have the potential to revamp a traditional industry, and in the process, save lives or prevent serious illnesses which could simply be avoided."
In just a few months, Kilo Health bought three health tech startups with a lot of potentials and a quickly growing customer base: Medical Score, Revolab, and Tyler.
The latter is developing a continuous glucose monitoring (CGM) system that consists of an in-house sensor and an app that records blood glucose levels in real-time and the body's reactions to food and physical activity. The data obtained from the sensor helps to prepare individual recommendations for each person about their eating, sports, or sleeping habits, and the influence of these factors on metabolism.
Revolab is a remote testing service. Revolab app users can select the test they want on their smartphone with just a few clicks and order tools that allow them to take the substances needed for the test themselves (blood, saliva, or urine). Later, the collected samples are handed over to the courier and the person waits for the results on their phone.
The latest and biggest acquisition for Kilo Health is Medical Score.
The other important challenge Medical Score is tackling, is a faster and more accurate diagnosis, avoiding an unnecessary visit to a medical institution. The product in development will combine several different sources of information utilizing artificial intelligence: a huge database of diseases developed by scientists and doctors, information on the ailments a particular person is suffering, and certain indicators of their health and lifestyle, for example: sleep quality, physical activity, heart rate, etc.
Kilo Health Group
With 4+ million paying users worldwide (the majority in the United States), strong technology, and a digital marketing platform, Kilo Health provides unparalleled opportunities for entrepreneurial talents and visionaries to build digital health products of the future.
Kilo Health was founded to design the most engaging and effective digital lifestyle interventions that lead to a healthier life by preventing, managing, or treating various health conditions.
Continuously seeking new opportunities, co-founding, and accelerating prospective next-gen products, Kilo Health has grown from 7 to 500 bright talents in three years and aims to become the most-loved digital health and wellness product suite globally.
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Media Company: Kilo Health, Media Name: Roberta, Media Phone: +37061965190, Media Email: firstname.lastname@example.org, Media URL: https://kilo.health
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