Skintrax

Spot The Change Change The Spot Snap, Trax, and get results its that easy!

Company
Skintrax
Category
Medical
Date
2023

About the company

History and Background

  • Founded: 2023
  • Founders: Ryan Junt, Dat Nguyen, & Lance Crosby
  • Headquarters: San Diego, California, USA.

Business Model

  • Subscription: Free and Premium models focused on helping skin health.
  • Revenue Streams: Primarily generates revenue from data processing, subscriptions, insurance providers, clinical review and product placement.

Product and Services

  • SkinTrax APP: Consumer based skin cancer detection using AI.
  • SkinTrax Web: Clinical Review site with advanced AI assistance.
  • SkinTrax DataPort: Advanced case review with prevention technologies.

Financial Performance

  • Revenue: multi revenue spreads with consumer focused downloads .
  • Profitability: High profit margins due to the data value and impact.
  • Stock: Private Company

Global Presence

  • Markets: Operates in more than 8 countries and territories.
  • Network: Connects global users to dermatologists and community members.

Competitive Advantage

  • Brand Recognition: SkinTrax name is ominous and self telling.
  • Technology: State-of-the-art AI technology utilizing 6 Million Data points.
  • Partnerships: Extensive network of partnerships clinics, merchants, and technology companies.

Challenges

  • Regulatory Environment: Must navigate complex regulatory requirements in various markets.
  • Competition: Faces limited competition from technology firms and imposter AI applications.
  • Security Threats: PII data and data integrity.