How can you get people to take their medications?
“What if it were as easy as just putting on a sock or T-shirt? That is the pain point we’re solving.”
So says Jordan Schindler, CEO of Conover-based startup TexDel.
Backed by $2.2 million raised to date, TexDel says its technology enables the delivery of medications and more through garments.
“TexDel owns the technology to deliver controlled doses of active ingredients (vitamin, supplement, medication) through a garment, and have it remain machine washable up to the lifespan of the garment,” Schindler says.
TexDel says it has a “smart-textile platform.”
“TexDel has developed a proprietary smart-textile platform that delivers active ingredients to and through the skin; for dermal and transdermal benefit,” TexDel says.
“Our platform supports most fabrics including cotton, nylon, and polyester and is compatible with modern-day garment manufacturing.”
The company is now trying to license its technology.
TexDel will demonstrate its technology at , which is Sept. 19-20 in Raleigh.
- Email contact: Jordan@texdel.com
- Website: http://www.Texdel.com
- Address: 301 Conover Station SE, Conover, NC 28613
- CEO: Jordan Schindler
- How many employees? 7 full time Employees
- Link to CED Tech Venture Company Profile: https://cednc.org/company-profile/textilebaseddelivery
- What is the focus of your business?
The core focus of our business is on licensing our technology to large apparel brands, the model is similar to Gore-Tex or Intel, we are an ingredient brand that would be in a Nike sock or Lululemon garment.
- What is the top pain point/business application you are seeking to address?
The top pain point is consumer compliance and convenience. 85% of Americans believe good health contributes to their overall happiness level, yet 75% are non-compliant with taking their medication (i.e taking pills every few hours, or remember to apply creams every day). What if it were as easy as just putting on a sock or T-shirt? That is the pain point we’re solving.
- What makes it unique?
TexDel owns the technology to deliver controlled doses of active ingredients (vitamin, supplement, medication) through a garment, and have it remain machine washable up to the lifespan of the garment.
- Why should investors be interested in your firm?
If scaled properly, this truly has the potential to be in every garment on the face of the planet, and be the next billion dollar business/exit. Huge margins, and differentiation for apparel brands, and pharmaceutical companies as a delivery system.
- How are you financed at this point?
We have raised $2.2M to date from Angel investors, Family Offices, Strategic Investors (large sock company), and a state of NC Golden Leaf Grant.