Medical Interface Solutions
MIS is developing a novel stroke detection app for pre-hospital/EMT use.
The Project
Medical Interface Solutions needed guidance to secure both non-dilutive and dilutive funding, navigate its regulatory pathway, and develop a strong business plan, commercial strategy, and financial model. The company also required access to expert resources in product development, regulatory affairs, marketing, and sales to prepare for growth.
The Solution
Factor 7 created a compelling investor story, updated pitch materials, and leveraged its network to connect Medical Interface Solutions with key investors to support Seed round readiness and non-dilutive funding. The team conducted in-depth research and analysis on market viability, risk, and regulatory pathways, and facilitated licensing negotiations with university partners. Factor 7 also supported every step of the NIH and TVSF grant application processes, while sourcing expert AI/ML developers to strengthen product capabilities.
The Results
With Factor 7’s support, Medical Interface Solutions secured both the Ohio MedTech Launch Fund Grant and the Ohio TVSF Grant, successfully negotiated favorable licensing terms, and identified early adopters in their target market. Access to expert resources provided the capabilities needed to secure funding and build a strong foundation for execution and future growth.
$11 million
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+ 53%
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+ 12.5%
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Services implemented:
Fractional Leadership
Product Development
Operations
“As an experienced Emergency Physician working on a digital health solution for acute stroke care, I had a great product idea as well as the expertise to refine and implement that idea. I was able to move the project forward on my own but slowly and in fits and starts. The team at Factor7 has the expertise to bridge my knowledge gaps and move from ideation to implementation.”
Michale Lakes, DO, FACEP
Co-founder, Medical Interface Solutions
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