These 12 startups want to convince VCs that disability tech is where they need to put their money

Analysis

October 16, 2023

These 12 startups want to convince VCs that disability tech is where they need to put their money

Investors have always said disability tech is not scalable, but with 1bn potential users, isn’t that a myth?

Bérénice Magistretti

9 min read

The team at Munevo.

Many of those living with a disability can feel like they are constantly navigating a world that is not designed for them.

According to the World Health Organisation (WHO), 1.3bn people experience significant disability, representing 16% of the world’s population, or one in six of us. Add to this the 770m people aged over 65 who either face or will face some kind of impairment, and you have a total addressable market size of some 2bn.

Yet disability tech, or solutions that cater to the needs of people with disabilities, has never been considered a “sexy” sector for many VCs. A recent report suggested they could be missing out on as much as £500m in annual returns as a result.

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“[It] has historically been overlooked by VC money, and criticised [...]

Read article at sifted.eu

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