OxiWear: The oxygen monitoring revolution
It’s time to meet the founders from our second leAD Lake Nona cohort! From AI-powered nutrition solutions to a wearable, medical-grade continuous oxygen monitor, only the top 1% of applicants were selected for the program. We caught up with Shavini Fernando, Founder & CEO at OxiWear, to gain some insight into her company and journey as a founder.
Tell us about your company and the solution you are bringing to this market.
“OxiWear is an ear-wearable device that continuously monitors the wearer’s blood oxygen and provides warnings when levels drop below the safe threshold. It sends text-alerts to emergency contacts to make sure a patient receives the help they need in an emergency. OxiWear is committed to reducing vulnerability to hypoxic injury through wearable, continuous oxygen monitoring. Our goal is to increase safety and peace of mind for those prone to silent hypoxia, to reduce healthcare costs, and to save lives.”
How is your company disrupting the industry?
“Finger cuff pulse oximeters are currently the clinical standard for medical grade oxygen monitoring in hospitals and at home. But they are not well-suited for prolonged at-home usage and during daily movements. OxiWear will be the first wearable for medical-grade continuous SPO2 monitoring.“
What are you looking forward to in the program and how do you expect it to impact your company?
“I was an athlete and a swimmer before I was diagnosed with pulmonary hypertension due to Eisenmenger’s Syndrome. While it helped me to endure low oxygen levels in the body, it damaged my lungs. So as much as I want to help the patient groups to prevent silent hypoxic attacks, I also want to provide a tool for athletes to monitor their oxygen and to prevent hypoxia. We already have connections with the PH patient community; now we want to test our device on athletes and learn how we can improve our application functions to fit their needs. We are looking forward to receiving advice and guidance on how we can cater to the athletic community as well as plan our go-to-market strategy for the consumer device release.”
What’s your favorite thing about being a founder? Any tips for wannabe founders in the sports and health tech industry?
“Being an entrepreneur is a roller coaster ride but it’s rewarding. When your team hits milestones and achieves results, you feel a great sense of accomplishment. But more than hitting the milestones and receiving recognition, my favorite part of being a founder is receiving patient emails thanking you and appreciating your hard work. That keeps you going and validates that you chose the right mission. So, no matter what hurdles come your way, no matter how many people call you crazy, stay focused, and don’t let it demotivate you. All it takes is perseverance and a positive mindset. Then, you can do it!”
Thanks for the interview, Shavini! And a warm welcome to the leAD family – we are very excited to work together and take OxiWear to the next level.
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