Speech disorders are a common condition affecting millions of children worldwide. In Europe alone, over 34 million children suffer from speech impairments, with over half a million in Romania. VoxiKids, a Romanian-based startup, is revolutionizing speech therapy by creating a multilingual, online platform that integrates specialized exercises, management tools, and progress tracking. The startup aims to improve the recovery process for children with speech impairments, reduce recovery time, and help them better integrate into their social environment and school community.
Revolutionizing Speech Therapy
Traditional speech therapy requires a dedicated space, work materials, and a qualified speech pathologist. VoxiKids addresses these limitations by digitalizing the speech therapy process through a SaaS platform and a mobile app. The SaaS platform offers 20 modules that cover online therapy, content (such as exercises, homework, statistical data), administration (billing, handling of specific documents, patient management), communication (appointments calendar, relevant notes), and patient management (tracking progress, adjusting therapies, appraisals, reports). The platform integrates specialized exercises created by speech pathologists, and the means to manage and track the progress of each child enrolled in therapy.
VoxiKids Mobile App
VoxiKids also offers a mobile app available for iOS and Android that aggregates content and statistics from the SaaS platform into interactive games so that children can continue practicing at any time and anywhere. This learning-through-play method enhances pronunciation and exercises their speech, helping them recover in a shorter time. The mobile app has a friendly interface with a modern design that allows parents and speech therapists to easily navigate the application without requiring complex technical skills.
Business Model and Potential
VoxiKids has three types of subscriptions for its mobile app and charges a B2B subscription fee for the SaaS platform based on the number of children added to the platform and the number of tools that the therapist requires access to. VoxiKids has already demonstrated the success of its MVP model, with over 10,000 downloads from Google Play and 4,000 active users per month. The startup aims to generate an income of up to 60,000 euros per month from the B2B segment in 12 months. The potential for growth is high, given that over 34 million children need access to speech therapy worldwide.
Partnerships and Future Outlook
VoxiKids’ main clients are speech therapy offices, hospitals, and clinics. The startup aims to establish the appropriate partnerships to generate additional revenue through a dedicated marketplace that will be added to the platform in September 2021. VoxiKids also plans to integrate AI for speech into its mobile app by December 2021. Among the key players that may show interest in VoxiKids’ product are Motion Computing Inc., Epocrates Inc., Telecare Corporation, Mediasafe, Set Point Medical, IBM, Doximity, Lift Labs, and Apple, as well as private equity funds.
Conclusion
VoxiKids is a revolutionary startup that addresses the limitations of traditional speech therapy by creating an accessible digital platform. The startup has the potential to improve the recovery process for children with speech impairments, reduce recovery time, and help them better integrate into their social environment and school community. VoxiKids is a prime example of how startups can leverage technology to address real-world problems and make a positive impact on society.
Website: https://voxikids.com/
Twitter – https://twitter.com/Voxikids1
Facebook – https://www.facebook.com/VoxiKids
LinkedIn – https://www.linkedin.com/company/voxikids/?
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