Enterprise Together with KSC
Olive healthcare
USA
Company Overview
To provide a way to prevent metabolic diseases by accurate fat result and
personalized exercise and food contents.
Sectors
- Digital Healthcare
Project Summary
- Bello provides accurate abdominal fat measurement using NIRs
Business Model
- Revenue model B2C and B2B Sales with e-commerce and physical sites(Retailer, hospitals and fitness center)
- Key Customer Partnership with fitness and insurance companies
Major Performance
-
Sales
- 2018-$3,564
- 2019-$0
- 2020-$416,423
-
Investment
- $17,364,000
- Korea Investment Partners, Partners Investment, KDB Capital, etc.
-
Employees
- 2018-19
- 2019-32
- 2020-48
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Patent
- 3 application and 9 registration in Korea, 13 application and 1 registration of international
Overseas Expansion
Stage
US market expansion to generate sales and brand awareness
Status
Distributing to UAE, US, HK, Europe, Japan
Performance
Own ecommerce website, entered Amazon Launchpad, 50% monthly sales growth on Amazon.com, top 1% on Indiegogo crowdfunding, and preparing to enter Walmart
Short-term goals in three years
- To obtain various sales channels with retailers(CVS, Target, Bestbuy etc.)
- To obtain partnerships with clinics, insurance and fitness companies
- To obtain contracts with app based content providers(Peloton, Apple etc.)
Products / Services
1
2
- Target Country
- USA
- Date of Establishment
- Mar 16, 2016
-
- han@olive-hc.com han@olive-hc.com
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- Website
- www.olive-hc.com www.olive-hc.com
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- Location
- Moonjung-Dong, Songpa-gu, Seoul, Korea
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- CEO
- Sung-ho Han
-
- Founder’s Background
-
- LG Electronics CTO Division Intelligence Principal Research Engineer
- University of California San Diego Moores Cancer Center(Radiology) Postdoctoral Researcher
- University of Colorado, Boulder PhD in Physics