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MysteryVibe: A Healthtech on the Rise
When investing, your capital is in danger.
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Brazenly confronting sexual well being not carries the stigma it as soon as did, and that’s because of the work of companies like MysteryVibe.
Co-founded by Dr. Soumyadip Rakshit, Shanshan Xu and Robert Weekly in 2014, MysteryVibe’s vary of award-winning units helps hold the thriller within the bed room after main life occasions like childbirth, menopause, most cancers therapy or surgical procedure. Take any certainly one of these, and the sheer quantity of the market speaks for itself. For instance, by 2025, over 1 billion girls worldwide might be experiencing menopause….that’s 12% of the worldwide inhabitants going through physiological adjustments that may doubtless influence their sexual well being.
We sat down with Soumyadip Rakshit to seek out out extra about how the enterprise bought began.
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MysteryVibe merchandise are designed to assist folks get better from bodily and psychological trauma, how do they do this?
Sexual wellness is a key and infrequently missed a part of your bodily and emotional well being. MysteryVibe merchandise transcend sexual pleasure to supply focused stimulation which can be utilized for ache reduction, pelvic flooring restoration, stimulation of blood circulate, and erectile issues. To not point out, sexual pleasure has an entire host of psychological well being advantages together with growing sexual confidence and boosting libido.
The platform is about extra than simply the units themselves, what different assets do you present customers to teach them about sexual well being?
We work carefully with consultants to analysis and create content material that solutions the widespread and not-so-common questions surrounding intercourse. Our aim is to be a catalyst for knowledgeable dialog round sexual well being and wellness. For instance, we not too long ago partnered with Google to create a free intercourse schooling skillset known as ‘Pleasure Finder’ on Google Assistant which is now out there to over 1 billion units worldwide. It’s necessary that individuals are capable of entry info with out stigma or disgrace, and we’re making certain that info is properly inside attain.
What different gamers are working in or exploring this space and what’s MysteryVibe’s USP?
There are a variety of nice corporations working within the area of sexual wellness, comparable to Dame Merchandise, UnBound, SmileMakers and extra. We like to think about this area as collaborative, not aggressive, for the reason that extra folks we will all collectively educate about the advantages of sexual wellness, the higher the result for all of us.
When it comes to our differentiation, we’re the one firm that mixes scientific and medical analysis within the design and advertising and marketing of our merchandise. We do that in an effort to mix the foundations of medical experience with the friendliness that comes with delivering a pleasurable object.
What has your funding historical past seemed like?
Previous to this spherical, we raised £5 million in seed capital from angel traders. This helped us conduct the R&D, research and certifications wanted to carry all three FDA II medical units to market and into the palms of 50,000 customers worldwide. Now, we’re elevating our Collection A with the assistance of Seedrs to embark on the subsequent stage of our enterprise which is able to contain scaling our gross sales and advertising and marketing to place our units into the palms of tens of millions of individuals all over the world.
What have been some main milestones for the enterprise to date?
Two of our proudest moments have been crossing the 50,000 customers milestone (in 65+ international locations) and beating Apple Watch in profitable the 2018 Design Week Awards. It’s not day by day you get to rank above Apple.
What can we anticipate subsequent from MysteryVibe in the way in which of product options, partnerships and extra?
Within the subsequent 24 months we’ve got four very thrilling new units coming to market. These is not going to solely present further options to the sexual well being points addressed by our present units, however can even deal with new matters like vulvodynia and vaginismus.
What’s the main studying out of your previous skilled expertise that carried over to MysteryVibe?
It’s not simply what you realize or who you realize, it’s figuring out who is aware of what.
In case you had one piece of recommendation for folks seeking to take higher care of their sexual well being, what would it not be?
Take management and actively interact along with your sexual well being by knowledgeable dialog, higher schooling and helpful sexual well being merchandise.
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To seek out out extra about MysteryVibe, and for the chance to take a position, go to the marketing campaign now.
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