Rand Ari - Invest My Idea platform
My name is Rand Ari, Dentist and co-founder of SmartMED (An innovative startup that was born to save lives). In my 3rd year in college, we were studying a subject about how the misreading of a doctor's prescription could affect the health of a patient, how the 1.0mg was read 10mg, or misplacing decimal points causes fatal injuries. Eventually, me and my friend came up with an idea to develop an electronic prescription to prevent such errors.
In our 4th year, my co-founder Renwar Awat, who is also a dentist and a professional web developer started working on the project. At the end of the year, we came up with the prototype of SmartMED with only one feature, which was electronic prescription then we sat with the other two co-founders of SmartMED and had an idea to develop the prototype furthermore and add new features, such as patient appointments, management, and case file management. Back then, it was a good chance for us to develop our software to fulfill the need of the market.
In September 2017, we introduced the prototype to the market. In the beginning, it was difficult to convince doctors and health sector businesses to transfer their work to a digitalized one. We had only 2 customers in our first month of work, but we believed in our work and potential. After several months we started growing up slowly. By providing our software as a service and charging our customers a minimum amount of money in comparison with the other companies also providing quality service and support, we managed to increase our sales.
Starting in 2020, we started participating in programs for
business development such as Rwanga Foundation programs. After
participating in several programs, dozens of hours of lectures, and three-time
winning grant prizes, we could develop our business more to provide one
solution for all health sector businesses. SmartMED currently has 7 employees,
including co-founders. We are operating in Kurdistan region, and we have
customers in the middle and south of Iraq as well. We have over 100 customers including medical
clinics, Hospitals, laboratories, pharmacies, and pharma companies.
In 2021, we participated in the 'Invest My Idea' platform produced by Rwanga Foundation. This gave us a chance to present our business at HITEX 2021. Rwanga continued their support through a one-year program when they delivered topics on finance, marketing, sales, pitch delivery…etc. In HITEX 2022, we took part in Rwanga’s Crowdfunding 2022 at HITEX, which was a pitch competition, and won the 1st place.
The Rwanga’s grant is used for developing our business by adding new features and developing new service to our customers, also expanding our sales and marketing, and doing market research.