INTRAVENOUS

IDENTIFICATION
INTELLIGENCE
Authenticate people, not passwords

Badin Piriyapaiboon, Rahul Rangarajan, Carlos Ortiz, Marianna Natale

IVIDI OVERVIEW

IVIDI strives to create a biometric ID using vein recognition that

revolutionizes identity authentication and protection in our ever growing
digitalized world
● Wearable biometric technology that
simplifies the identification process
for convenient, contactless access
to your everyday needs and
facilities.
● Highly secure, accurate and
adaptive.
Meet Our Team
What Makes Us
Special?
● Our team consists of a
good mix of every
section of engineering
necessary for
designing the product
● Hardworking and
confident in the
product

Badin Rahul Carlos Marianna Who Are We

Piriyapaiboon Rangarajan Ortiz Natale Missing?
Chief Executive Chief Technical Chief Marketing Chief Operating/ ● Someone with
Officer Officer Officer Financial Officer connections to
possible clients
badin@bu.edu rrahul02@bu.edu cartex10@bu.edu mnatale@bu.edu ● Electrical Engineering
expertise
 Problem Statement
● Nowadays, we are expected to
carry multiple forms of ID, and
many other keys or payment
options
● All of these could be combined
into one if there was a product
with the correct technology
● Our product centralizes all of a
customer’s IDs into one, small
device that can be embedded
onto their person and carried
around at all times
Market Opportunity
● IVIDI is targeted towards
organizations with large central
campuses, including colleges,
hospitals, or other large
businesses
● Other customers would also
benefit, as our product could
support credit cards, public
transportation cards, etc
● There is a large market size, as
any medium to large company
would benefit from our product
Solution Statement

Lost or stolen ID? Minimizes interaction between Carries most of the cards
user and verification methods. in your wallet

● Simplifies everyday life

● Harder to forget at home or lose
● Although there are many security companies, there are none that
offer technology similar to ours
● Many different partnerships are possible, with companies
interested in changing or improving their security systems
Product Description

Using Sensor The captured pattern

Station Vein pattern image is compared to the
captured using user’s pre-registered
near-infrared rays
(NIR) emitted by the pattern
sensor

The database determines whether the

captured pattern matches the image stored
and grants or denies access accordingly.
Using Wristband
Secret Sauce
IVIDI is simple, accurate and secure.

Convenient Able to capture larger Real-time

with no user data set than any protection from
disruption other biometric ID cyber attacks

Unlike facial, fingerprint, and iris recognition, the internal

nature of veins offers the utmost level of security for authentication purposes.

No other company has come close to our range of interconnected products and
services focused entirely on high-level security. With our plans, it would be difficult
for another company to join our competition.
Competition

Sensor + Wristband
Options

Next-Level
Vein Detection

Real-Time
Security

Price Under
$400
 Sales & Marketing

● Initial target customers: School, Offices, Hospital, and

Colleges.

● Selling at relatively low price, to ease the adoption rate.

● Initially products are sold from our online stores, and

contract deals with institutions.

● Advertisement focus on Tech fair demonstrations, and

later online advertising to gain attention from target
demographic like college students.

● We will help our clients with installation of the systems,

as well as aftersale services.
 Milestones Thus Far
Initial Product
First Initial Starting
Product Validation
Prototype Investment Operation
Idea + R&D

Five Year Projection

Year 1 Year 2 Year 3 Year 4 Year 5

Partner with Launch home Partner with
Selling our
Initial launch to software security system larger software
patent to large
large facilities companies to for public companies and
techfirm (e.g.
(e.g. offices, expand system consumer expand into
Google, Meta,
schools) applications market. larger industries
Microsoft)
(health, gov.)
Partnerships and Other Collaborations
Production
● Hardware
○ Contracted Manufacturing
● Software
○ Initially, our own
○ Soon after, with a software company
(data management)

Distribution
● Sold directly from our site initially
● Bundles
○ Home Security
○ College Package
○ Company Package
● Later, in retail stores (ex. Best Buy)
Financial Plan

Year Revenue Cost Net Unit Sold Manufacturing Costs

1 $1.38M $2.56M -$1.18M 10,000 Bands 1000 Wristband: $60→$45
Stations Station: $300→$250
Home Device: $180→$150
(20% cost reduction with scale)
2 $2.72M $3.54M -$0.82M 15,000 Bands 3000
Stations

Retail
3 $7.56M $7.19M +$0.37M 30,000 Bands 9000 Wristband: $99
Stations
3500 Home Devices Station: $399
Home Device: $299
4 $10.85M $7.68M +$3.17M 45,000 Bands Deal for bulk purchases (for
14,000 Stations
5500 Home Devices schools, companies, etc)

5 $21.3M $14.20M +$7.1M 80,000 Bands

30,000 Stations
10,000 Home Devices
Use of Funds and Exit Strategy

● $3 million initial stage funding

● Manufacturing Bands and
Scanning Station
● Expanded into consumer home
security business
● Addition $5 million funding
needed in the 3rd year
● Partnership with software
companies to expand system
applications
● Exit strategy: Sell technology
patent to larger tech companies,
or merge with a software
company.
Summary
IVITI delivers security, compliance, data integrity, and productivity.

Technology is evolving to where virtual identification will become necessary

among all sectors, i.e. virtual spaces and e-commerce.

With more advanced technology also comes more advanced malware, which
requires the highest levels of safety and security.

Since, vein patterns are personally unique, unlike passwords or PINs,

IVITI provides technology that protects your identity like no other.