QMedic
Founders: Dave Nelson, age 31, Sombit Mishra , age 31, and Fahd Albinali, age 37Launched: 2010
Mission: The company is using fitness tracking technology to provide sensors for those people who are “aging in place.” The sensor is worn on the wrist and acts like a pedometer, collecting a baseline activity level. If it detects a period of inactivity, the loved one gets an alert via text. There is also a button that the user can press if emergency services are needed. The idea is to make this a more predictive device rather than one that just reacts to emergencies.
Revenue stream: The cost is $99 plus $40 a month. www.qmedichealth.com
