The advent of the Apple watch and other gadgets that track physical activity have made mainstream society crave personalized digital health plans now more than ever before. Making personalized wearable technology more easily adoptable into current systems and processes. Due to the pandemic, coaches have realized that the training facilities and systems that they've built over numerous years are fragile and can be easily disrupted. They've had to become more creative about identifying methods to continue to challenge their athletes even when they're not directly around them. Making Extruo well positioned to succeed in a post-pandemic society.
Currently technologies on the market use a single node on an athlete's wrist or upper spine to evaluate their total energy usage and how much time that they spend on specific areas of a field while training or in a game. Meanwhile, Extruo's product is placed on multiple locations on the athletes lower body to provide them with an in depth analysis of their training. The latest advances in electronics and biomechanics are combined into a single platform to analyze how an athlete's form and efficiency is changing throughout their training. Algorithms and Machine Learning tools are used to identify key risk indicators to predict how injury prone an athlete is as well.
We will use the $10,000 and the additional funds from other startup accelerators that we're finalists in to bring on a full-time Data Scientist to help us with different aspects of our business. Their responsibilities include applying their expertise to quantitatively analyze our internal data to understand how users are interacting with our hardware and software products. They will also be responsible for building and analyzing data dashboards and reports to identify trends and future business opportunities.