Trak Health Solutions

About Trak Health Solutions

Trak Health Solutions, established in Valencia, Spain in 2020, provides digital rehabilitation software for musculoskeletal injuries. The company was founded during the COVID-19 pandemic by Carlos Rodríguez-Sierra, Jon Vital, and Daniel Soler, who knew each other from university. The founders' backgrounds in physiotherapy and technology spurred the development of a platform to improve rehabilitation processes remotely. Carlos Rodríguez-Sierra, one of the co-founders, has a background as a Doctor of Physical Therapy, with a research focus on how factors like immobility affect body tissues and finding effective therapeutic approaches.

The firm's core offering is a Software as a Medical Device (SaMD) that utilizes artificial intelligence and a device's camera to guide patients through therapeutic exercises. This technology monitors over 40 joint movements, providing real-time feedback and corrections to ensure proper form. For healthcare professionals, the platform is a web application that allows them to prescribe exercise programs, manage patient progress with clinical data, and monitor treatment adherence, which is encouraged through gamification and reminders. The system is designed to be hardware-agnostic, requiring only a web browser and internet connection on devices like smartphones, tablets, or computers.

Trak Health Solutions operates on a business-to-business model, targeting healthcare entities such as physiotherapy clinics, hospitals, and insurance companies. Its value proposition lies in enabling a hybrid care model, blending in-person and digital sessions, which can increase a center's treatment capacity. The company generates revenue through its digital physiotherapy sessions, which are positioned as a cost-effective alternative to traditional face-to-face appointments. Trak has established a strong presence in the Spanish market, collaborating with major entities like Mapfre, Sanitas, Quiron Salud, and Mutua Universal. Following a €1.3 million investment round, the company is focusing on international expansion, with initial partnerships in Latin America and Europe with organizations such as Keralty and Teladoc.