KingFit for Diabetes Education: KingFit App for Diabetes Management

by Miguel Johns

For people with diabetes, KingFit provides an application that delivers diabetes education from industry leading experts to the palm of your hand for free.
Wichita, KS United States Diabetes Healthy Living Diabetes Equity Raise

All Team Company Mission Innovation Details Investor Info Due Diligence Docs Supporters Comments Updates

About our project

The problem we solve:
Over 4,500 people are diagnosed with diabetes per day in America. 95% of people diagnosed with diabetes go without diabetes education. This increases their chance of developing renal failure, loss of vision, or neuropathy by 40%. Healthcare organizations and clinics do not have the resources to offer formal diabetes education at low costs. Diabetes education has been clinically proven to save the US Healthcare System $3000 per patient per year.

About our solution:
The KingFit App: A mobile application that delivers diabetes education to the palm of your hand for free. We have partnered with four industry-leading certified diabetes educators to create 80 bite-sized animated videos for people diagnosed with diabetes. The content is delivered via four programs covering the fundamentals, behavioral aspects, and exercise/nutrition. Combined, our educators have published 20+ books & 300+ articles.
Progress to date:

We have been building our application for 1.5 years. We have an application in both app stores with 260 beta users. We have two clinical pilot partners that will help us produce clinic outcomes. We are in the works of closing our first significant customer that would make our application THE source of diabetes education for the entire country of Colombia. 


About Our Team


Creator: Miguel Johns
Location: Kansas
Bio: I come from a long family history of people with diabetes. My father and grandmother both have diabetes. This inspired me to pursue a degree in Exercise Science and search for opportunities to help people with diabetes. I was inspired by the documentary Escape Fire to start my first company called KingFit.
Title: CEO

About Our Company

KingFit Preventive Health & Performance
Location: 1520 East Douglas Avenue
100
Wichita, Kansas 67214
Website: http://KingFit.io
Twitter: @KingFitUSA
Facebook: http://facebook.com/KingFitUSA
Product Stage: Ready
YTD Sales: Working on it
Employees: 5-10

Innovation Details

Intellectual Property Summary

We will be pursuing a patent on our user experience algorithm. This algorithm will include our messaging, our content, our scoring system, our design, and other aspects of the user experience. 

Clinical Information

N/A

Regulatory Status

N/A

How we will use the funds raised

The funds from this competition will be placed into our regular cash flow. This year, we are focused on ramping up application development as well as content creation in different languages. 

Thank You

My father and grandmother both have diabetes. I have witnessed first hand the problem we are solving. Both my father and grandmother were left with a piece of paper after being diagnosed with a chronic disease. They did not have access to a Certified Diabetes Educator and did not have the knowledge to have well-managed diabetes. 

Investor Info

Market Size

There are 30,000,000 people with diabetes in America and 371,000,000 with diabetes worldwide. Every person with diabetes who manages their health and avoids complications saves the US Healthcare System $1000 - $3000 per year. Diabetes currently costs the US Healthcare System over $300 billion per year. By helping people have well-managed diabetes, we can save healthcare systems billions of dollars. 

Projected 3 Year Growth

We have yet to create sophisticated projections as we are still understanding the market and landing our first partners. 

Revenue Model

We partner with EHR and Pharma Software Companies. This allows us to combine the data we collect in our app, with their Patient Health Info or PHI. We charge insurance and pharmaceutical companies $1 PPPM for access to the outcomes data. We offer our partners a small percent of the revenue for continued access to the PHI.

Competitors

KingFit's competition falls into two main categories.

#1: National DPP Digital Coaching: Companies are following the CDC's National Diabetes Prevention Program and offering digital health coaching services. This is valuable because it offers the human-to-human connection. The weakness is that they have slow adoption and is limited in scalability.

#2: Medication/Blood Glucose App: Companies are offering simple health management tools for users.

Traction

We have a clinical partnership with Via Christi Health which is a hospital system with 12 hospitals throughout the Midwest. We are also in the process of partnering with Novartis Colombia to supply diabetes education to the Latin America Region. 

Due Diligence Docs

Please note that access to the company's confidential materials is limited. Click this button to request access from the Company and its representatives.


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