Moodmetric’s CEO Niina Venho: ”We have been very satisfied with the cooperation with Innokas Medical. The quality of the products has been excellent, and the delivery times are accurate.”
Moodmetric is a Finnish healthcare technology start-up company concentrating on helping individuals and companies to prevent the negative impacts of prolonged stress. The company’s product, the Moodmetric Ring, measures and analyzes stress, recovery and the fluctuation of stress levels in real time. The measured stress level is described numerically with an index from 0 to 100, and the daily stress profile is illustrated based on the measurements; the development of individual stress levels as well as the recovery can be monitored via the application related to the Moodmetric Ring.
The technology behind of the Moodmetric Ring is based on the measurement of the sympathetic nervous system response (EDA, electrodermal activity), which describes individual’s stress and calmness. The Ring is intended for measuring and monitoring both the direct observation of stress disorders as well as the long term stress. It gives a completely unique tool for scientists and research institutes to measure, monitor and understand stress and it’s effects. In particular, the product aims to prevent a variety of healthcare problems by balancing stress and recovery of individuals in their everyday life.
“After going through the pricing, delivery capacity, quality systems and references, Innokas ended up being the most competitive supplier.”
Innokas Medical has been Moodmetric’s partner in manufacturing of the Moodmetric Rings. Niina Venho, CEO of Moodmetric, tells that the company chose Innokas as manufacturing partner especially because of company’s competitive price level and the high-class quality factors.
“The design of the Moodmetric Ring is made by us, but we wanted to outsource the manufacturing to a professional partner in the field. The most important criteria when evaluating the manufacturing partner were the capabilities as well as the needed certificates to manufacture medical devices. After going through the pricing, delivery capacity, quality systems and references, Innokas ended up being the most competitive supplier”, Venho says.
Venho sees Innokas as an excellent partner for a start-up company especially because of Innokas’ comprehensive service offering and capabilities over the entire product lifecycle. She says that the cooperation between Moodmetric and Innokas has been excellent, and that Moodmetric is willing to deepen the cooperation with Innokas in the future.
“We have been very satisfied with the cooperation with Innokas. The team that has worked with us has been very professional, which we were able to notice already when starting the first production batches. The output quality of the products has been excellent, and the delivery times are accurate. Even if we want to keep the technical core competence of our product in-house also in the future, we are interested in expanding our cooperation partnership with Innokas in the future to cover the further development of our product, too. Innokas’ extensive network of subcontractors and suppliers allows us to effective, further development of our product in cooperation with Innokas, which might not be so simple if our kind of small company would try to do everything by our own resources”, Venho concludes.