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Endless Wellness w/ Onvy; Hire Best, Pay Less w/ Fratch

Bytes & Bolts newsletter: Uncover AI & Robotics Gems Your Analyst Missed!

Dear Investor,

Look at your hand. Do you see an Oura Ring, Apple Watch, or Whoop? Now, you're probably wondering why I'm mentioning this. Well, I've got a treat for you today.

Marko here, from Luccid.ai - a B2B SaaS that changes how building material manufacturers engage with their customers.

Today’s stories: Endless Wellness w/ Onvy; Hire Best, Pay Less w/ Fratch

1. Onvy

Aaaah, who doesn’t want to live forever? We are doing all kinds of wacky health hacks: cold plunges, saunas, counting calories, intermittent fasting, and exercising.

We eat a bunch of supplements, drink AG1, buy 8sleep, and wear Patagonia vests just to be as healthy as possible, because the more you sweat in peace, the less you bleed in war. Remember, you guys are in the trenches 😉 

But who is making sense of all this information and data? How should I know if a combination of 8sleep, a handful of supplement pills, wearing a Patagonia vest upside-down, and a 69% sleep score is helping me somehow? Well ONVY knows!

Why are they interesting?

Traditional healthcare approaches are reactive, focusing on treating illness rather than preventing it. There is a need for a major shift towards proactive and predictive health, driven by high-end personalization and AI.

Onvy operates in the B2B health tech sector, targeting a market projected to reach $8.5 trillion by 2027. They offer an interoperability platform paired with a Personal AI Coach and recommendation engine. Their solution helps the health and wellness industry address major challenges in engagement and retention through advanced health personalization.

Prevention-as-a-Service

Onvy will link up with over 320 wearable devices, using their own AI health technology to integrate all the data. Their AI-as-a-Service will revolutionize the booming digital health and wellness industry, ushering in an era of AI-powered, data-driven health personalization.

Through their Prevention-as-a-Service, Onvy plans to transform Corporate Health, InsurTech, and the Wellness space, setting a new standard for health solutions.

Why now? Check these market trends:

  • 70% of people worldwide will monitor their health digitally by 2033.

  • 1.1 billion connected health trackers in 2022.

  • The wearable tech market is projected to grow from $138 billion in 2022 to $1.3 trillion by 2035.

  • The rising momentum of personalization through GenAI boosts health data translation.

Impressive stats

Live image of you spitting nutty pudding while I reveal Onvy’s stats.

  • User base surged by 800% in 2024.

  • ONVY HealthTech elected among the World’s Best Digital Health Companies in 2024.

  • Major B2B clients including Global Fortune 500 companies and global health giants.

  • 1st place ranking on Google for "AI Health Coach" and "Apple AI Health Coach."

  • Recognized as one of Germany's top predictive analytics and machine learning startups.

  • Processing around 244,979,190 million biomarker data points per month (8.1 million daily).

  • Turned down multiple early exit offers from leading private equity firms.


Meet the founder & CEO

Serial HealthTech entrepreneur and founder with over 5 years at UnternehmerTUM, Europe's top center for digital innovation and tech business creation. Former CEO of MitoCare, where he bootstrapped a holistic health and longevity company to achieve multi-million EUR revenue.

The Ask

Investors have already stepped in, so there's no need to wait for someone else to invest first, you are out of excuses.

ONVY is in the Seed+ Phase. They already raised EUR 2.8m to develop their cutting-edge AI-powered solution. Backed by German top-notch early-stage deep tech & HealthTech investors (NewForge, Isartal Ventures & more). 

They're raising a total of EUR 2 million on a EUR 10 million valuation. The lead investor will be a German or Swiss HealthTech/Longevity Fund, with the final decision pending. Negotiations are in the final stages with three seven-digit commitments, and the decision process is now with ONVY.

There's a last chance for angel or syndicate tickets via CLA, with over 500k EUR signed by renowned German angel investors in the past few weeks.

The round is closing in 3-4 weeks so there is still time.

Seriously, I should be on your analyst's payroll for this tip.

Better reach out to Adrian Kochsiek and don’t miss this amazing opportunity. On this link, you can book a meeting with him or just write him an email: [email protected]

ONVY is based in Munich, Germany.

2. FRATCH

Let me open this one with three bangers!

  1. ARR in 2023: 1.5m EUR

  2. Projected ARR in 2024: 3.3m EUR

  3. Bootstrapped and without external funding.

What problem are they solving? Let me ask you this: Do you like recruiters? The moment you post a job opening, they flood your LinkedIn inbox. You open your fridge, and one pops out, pitching candidates like a persistent Jehovah's Witness.

But that's not the problem FRATCH is solving. Recruiters will still be annoying.

They’re tackling the sky-high fees recruiters charge for hiring freelancers!

Why are they interesting?

When big companies hire freelancers through traditional recruiters, they’re shelling out 30-50% more on top of the freelancer's daily rate just to cover the recruiter’s fee.

And here's the pain: recruiters aren’t necessarily sending the best freelancer for the job—they're sending the one that fattens their own wallets the most.

Not anymore! FRATCH is an AI-powered Freelancer Recruiter that helps corporates find high-skilled freelancers quickly and at 75% lower recruiting costs compared to traditional freelance recruiters.

At FRATCH, hiring managers can create project descriptions in seconds and receive the pre-qualified freelancer within a couple of hours. Ready to interview and able to start immediately. Try their AI-Recruiting Assistant FRATCH GPT.

Meet the team

Both founders are experienced freelancers who have firsthand experience with the challenges of being recruited by various companies.

Philipp Thomaschewski is the CEO with a solid background in product management, go-to-market and startup ecosystems, with experience setting up Startupbootcamp Amsterdam and Global. Among others he also worked as freelance management consultant, specializing in digital business models and product development.

Damian Sniatecki is the CTO of FRATCH. Previously, worked as a freelance software engineer with a strong track record of delivering top-notch technology solutions, particularly in the financial sector.

The Ask

They are currently bootstrapped with strong revenue, as shown at the story's beginning. They’re kicking off their fundraising in July, so reach out to Philipp now and be part of their growth story! [email protected]

FRATCH is based in Munich, Germany.

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That’s it for today’s newsletter!

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