RingDoc to Improve Service Quality through Technical Advancement and Recruitment
Development Underway Aiming for Official Launch Within the Year
Itphy (Co-CEOs Rhee Sung-min and Lee Jae-jun), currently developing the digital healthcare service 'RingDoc', announced on the 19th that it recently raised 300 million KRW in seed investment from Korea Investment Accelerator.
Itphy plans to use the investment to upgrade RingDoc's technology and recruit personnel to strengthen service quality. The company is currently accelerating development with the goal of officially launching RingDoc within this year.
Itphy is a startup established in 2022. It is developing a personalized rehabilitation program that directly connects patients and doctors through its flagship service, RingDoc, which is specialized for the recurrence of musculoskeletal diseases. Users can receive systematic rehabilitation management through customized exercise plans provided by RingDoc tailored to hospital diagnoses and rehabilitation stages. This simultaneously increases rehabilitation efficiency and patient convenience.
RingDoc is a service focused on establishing a curriculum that produces medically significant results by utilizing the research findings of CEO Rhee Sung-min, an assistant professor of orthopedic surgery at Kyung Hee University Hospital. In particular, RingDoc's customized exercise plan was tested for about 6 months on 400 patients requiring rehabilitation after rotator cuff tear surgery. As a result, it proved to have over 20% clinical effectiveness in terms of accelerating recovery speed and reducing pain.
Last April, Itphy signed a Memorandum of Understanding (MOU) with the Kyung Hee University Medical Science Research Institute and Modern Pilates to strengthen cooperation for building professional rehabilitation programs. This year, the company is participating in the Initial Startup Package and the Startup Growth Technology Development R&D Stepping Stone Program. It was also finally selected for the Korea Investment Accelerator's 'Dream Challenger Bareun Donghaeng 6th Batch' and is focusing on business advancement.
Co-CEOs Rhee Sung-min and Lee Jae-jun of Itphy stated, "Based on clinical research results, we plan to launch the official version of RingDoc this December," adding, "We hope that effective rehabilitation management services can be received through RingDoc not only in orthopedics but also in various medical environments." They continued, "Through this investment, we will not only advance our technology but also seek strategies for future entry into overseas markets."
Development Underway Aiming for Official Launch Within the Year
Itphy (Co-CEOs Rhee Sung-min and Lee Jae-jun), currently developing the digital healthcare service 'RingDoc', announced on the 19th that it recently raised 300 million KRW in seed investment from Korea Investment Accelerator.
Itphy plans to use the investment to upgrade RingDoc's technology and recruit personnel to strengthen service quality. The company is currently accelerating development with the goal of officially launching RingDoc within this year.
Itphy is a startup established in 2022. It is developing a personalized rehabilitation program that directly connects patients and doctors through its flagship service, RingDoc, which is specialized for the recurrence of musculoskeletal diseases. Users can receive systematic rehabilitation management through customized exercise plans provided by RingDoc tailored to hospital diagnoses and rehabilitation stages. This simultaneously increases rehabilitation efficiency and patient convenience.
RingDoc is a service focused on establishing a curriculum that produces medically significant results by utilizing the research findings of CEO Rhee Sung-min, an assistant professor of orthopedic surgery at Kyung Hee University Hospital. In particular, RingDoc's customized exercise plan was tested for about 6 months on 400 patients requiring rehabilitation after rotator cuff tear surgery. As a result, it proved to have over 20% clinical effectiveness in terms of accelerating recovery speed and reducing pain.
Last April, Itphy signed a Memorandum of Understanding (MOU) with the Kyung Hee University Medical Science Research Institute and Modern Pilates to strengthen cooperation for building professional rehabilitation programs. This year, the company is participating in the Initial Startup Package and the Startup Growth Technology Development R&D Stepping Stone Program. It was also finally selected for the Korea Investment Accelerator's 'Dream Challenger Bareun Donghaeng 6th Batch' and is focusing on business advancement.
Co-CEOs Rhee Sung-min and Lee Jae-jun of Itphy stated, "Based on clinical research results, we plan to launch the official version of RingDoc this December," adding, "We hope that effective rehabilitation management services can be received through RingDoc not only in orthopedics but also in various medical environments." They continued, "Through this investment, we will not only advance our technology but also seek strategies for future entry into overseas markets."
[Source] Itphy, Developer of Digital Healthcare Service 'RingDoc', Attracts 300million KRW Seed Investment
View Original ๐| Written by Reporter Kim Seok-jin, Startup Today |