Durcal Trippled its Income in the First Quarter of the Year
In 2022, Durcal reached an average sale of 500 telecare watches per month, with peaks of up to a thousand monthly sales. Now, the company will launch a new service called Durcal Care, which will offer regular monitoring to users through phone calls. Currently, it offers its solution through Movistar Prosegur Alarmas. To do this, the watch has a help button.
Durcal continues to grow. The Catalan start-up, which sells a smartwatch aimed at monitoring the health of the elderly, plans to close the year with a turnover of €2 million, after having tripled its income in the first quarter of the year, according to comments Guillem Viladomat, CEO of the company.
The Durcal clock acts as a solution for elderly people who live alone and who do not consider moving to a residence. In addition to monitoring the user’s daily activity, and checking vital signs such as pulse or blood oxygen, this gadget also allows contact with emergency services. The device also contains an integrated GPS.
The company, which at the moment is focused on the Spanish market although it is eyeing its jump to Latin America, postpones its break even, because everything that comes in is reinvested in marketing.
If you want to read more details bout Durcal and its smartwatch to monitor the elderly’s heath, download for free our companion app. The Born2Invest mobile ap brings you the most important business news of the day so you can stay on top of the market.
Durcal offers its solution through Movistar Prosegur Alarmas
In 2022, Durcal reached an average sales of 500 telecare watches per month, with peaks of up to a thousand monthly sales. Now, the company will launch a new service called Durcal Care, which will offer regular monitoring to users through phone calls.
Currently, it offers its solution through Movistar Prosegur Alarmas. To do this, the watch has a help button that is supported by an intelligent fall detection system connected, in turn, to a Movistar Prosegur Alarms receiving center.
Among its current investors is Telefónica, which led a financing round of eight million euros. Durcal also added Mangrove VC, partners of Skype, Wix, or Wallapop as investors; K fund; investor Dídac Lee; Atresmedia; Racc; and Prosegur. Currently, his team is made up of about thirty people.
The company was founded in 2020 and since then it has accumulated more than ten million downloads
The company was founded in September 2020 and since then it has recorded more than ten million downloads, of which 70% are women between the ages of 35 and 60, according to data provided by the company. One of the diseases on which the company has focused the most is stroke, through the so-called “panic button”, which allows the relevant medical authorities to be notified when symptoms compatible with access are present.
Durcal, which owes its name to the Spanish singer and actress Rocío Durcal, sells its watches at a price of 69 euros, to which is added the 15 euro subscription model with which the company guarantees a recurring payment.
(Featured image by Czniga via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in PlantaDoce, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Italian Parliament Will Work on Regulating the DLT Market
The integration of DLTs into corporate law starting with the representation of financial products and instruments in digital form is...
Ibions Seeks Investors and Anticipates Revenue of €1.5 Million in 3 Years
The objective of this first round of investment is to complete the development of the platform through which the company...
Canadian Cannabis Companies Have 1.5 Billion Grams of Unsold Cannabis
There are many reasons for this unsold inventory. To overcome these challenges, Canadian cannabis companies are looking for alternative outlets....
Fintech Companies in Colombia Have Seen Significant Growth
Regarding financial inclusion in Colombia, Liza Villabona, vice president of digital transformation at Crezcamos, believes that informal credit continues to...
Infinityhub Launches Crowdfunding Campaigns to Finance Redevelopment of Student Housing in Naples
YCare Napoli-Porta Nolana, a project of InfinityHub and ICS House, has launched a simultaneous equity crowdfunding campaign on Ecomill and...
Featured1 week ago
Self-Consumption Revolution in Spain Plunges Electricity Demand to a 20-Year Low
Featured2 weeks ago
P&G SGR and UpsideTown Launch Energy Town Fund Dedicated to Renewables
Biotech4 days ago
Ephion Health Raises €300,000 and Plans the Launch to Germany, France, and the UK
Featured1 week ago
How the Fintech Sector Helps with Financial Inclusion