The Next Evolutionary Step In Medical Device Accelerators
We don’t “incubate” or “accelerate” early-stage medical device startups in the classic sense. Rather, what we do to turn an idea into a vibrant commercial venture is so much more than that. Unlike most accelerators, we reduce risk by embedding a crack team of business functional experts who significantly shorten the time to success or failure.
The Koa team is as invested in the startup venture as you are, perfectly aligning the interests of inventors, investors, and our team to achieve the desired goal in a fraction of the time.
Do you have an intriguing medical device patent or idea that addresses a large unmet need, but don’t have the time, money, know-how or desire to move it forward?
We’re not simply “advisors” or “mentors.” Think of Koa as a Navy Seal team that drops in and does all the heavy lifting that you don’t have the time, expertise or desire to do. With deep knowledge and experience in all aspects of medical device development, our team works closely with the inventor to develop an idea into a company with urgency, saving time and money along the way.
Early stage funding for medical device startups faces unprecedented headwinds for 2 important reasons: the long payback period (median of 8 years) and high failure rates (>90%).
Most failures result from poor business execution and dysfunctional management, not bad technology. By leveraging a wide network of experienced business functional experts who form the core startup team, Koa can significantly compress product development timelines and mitigate execution risk.