Davenport SAF-T Systems

The SAF-T VEST™ will detect a fall and deploy airbags to reduce risk of injury.

Last Funded December 2023

$80,000

raised from 89 investors

Highlights

1
🧑‍🧑‍‍‍⚡200+ inquiries from clinicians and consumers; 3 accelerators; 3 academic partnerships
2
💗🥰The SAF-T VEST uses sensors and airbags to protect you in a fall from the hips to the head.
3
👩‍⚕️👨‍🔬👨‍⚕️Our clinical, engineering and scientific leads have more than 70 years of experience.
4
💵A capture rate of just 1.2% of today's 56M+ senior market could drive $650M in sales revenue.

Featured Investor

Our Team

Our inventor, orthopedic surgeon Jay Davenport, was inspired by his experience caring for so many older adults who suffered devastating injuries from falls. These injuries often trigger the beginning of a slow decline in health from which many never recover. We must no longer accept fall injuries as an unavoidable consequence of aging.

Our plan: 1. Reduce devastating fall injuries 2. Cut health care costs 3. Improve quality of life 4. Extend independence for seniors

THE PROBLEM

We all know someone―maybe an aging parent or relative, or perhaps an elderly neighbor―who suffered a terrible fall.  Sadly, falls among older adults are not rare events. One in four seniors in the U.S. falls each year. That's about 14 million people falling down.

For older adults, a fall can have life-changing, even life-threatening consequences. Fall injuries are a $50 billion problem in the U.S. and it's getting worse each year.

Jay A. Davenport, M.D., an orthopaedic surgeon, decided fall prevention strategies were not solving the problem.  So he developed a new strategy: wearable fall protection. The SAF-T VEST.

The SAF-T VEST uses sensors to detect a fall in progress. It will inflate a system of airbags in the blink of an eye to reduce the risk of injury―from the hips to the head. It will be reusable and come in a variety of sizes and styles. Wear it over your regular clothes or pajamas.


Remember, this is a safety product―not a medical device. Think of it as a life preserver on land! 

Worried about a fall? Many seniors limit their activities after a bad fall because of fears it could happen again. But not moving can make you more vulnerable to falls. Wearing the SAF-T VEST could provide the reassurance you need. Otherwise, that fear could require major life changes. [Click on the video below.]


PROGRESS

Davenport SAF-T Systems was formed in 2017 with a single purpose―to build the SAF-T VEST and make it available to all who need it. Since then, the team has received a U.S. Patent, built a working prototype and won a an innovation grant from the state of Minnesota.

Fall injury protection is still a new concept, but the idea is catching on. 

The Tango Belt and similar systems are designed to protect the hips, but other fracture-prone areas remain exposed. Wearable crash protection systems are used in high-speed activities, but they are not designed for older adults. 


Here's why our inventor would wear the SAF-T VEST:

If Dr. Davenport had a catastrophic fall at his rural home, it might take 20 minutes or more for help to arrive. A serious injury might require him to move into a nursing home. But the SAF-T VEST is designed to protect him from injury, which would allow him to stay at home with his wife Martha.

SO WHY INVEST IN THE SAF-T VEST?


1. BE A FORCE FOR GOOD―Help us keep people safe. 

2. HAVE A STAKE IN THE WORK―You win when we win.

3. PERKS―You'll get a discount if you buy our vest.

Your investment will help us build full-scale, advanced versions that we'll test in a lab using healthy volunteers. Pilot studies will show how seniors do over time while wearing the SAF-T VEST. 

OUR U.S. MARKET

The population of adults 65 and above will continue to increase for the next 40 years. More seniors means more falls.

Forward looking projections cannot be guaranteed.

OUR BUSINESS STRATEGY

We'll focus first on hospitals and nursing homes. Why? Because each year, up to a million hospital patients and half of all nursing home residents fall.

But we'll also sell directly to seniors and their families, because our risk of falling increases as we age. Are you an active senior who loves to walk each day? Great! When you wear the SAF-T VEST you'll reduce your risk of injury while you add up the miles!

We plan to make a difference in the lives of millions. We also expect strong product demand to drive significant revenues.

Forward looking projections cannot be guaranteed.

We'll extend revenues with new product launches, subscription-based connected services, and through branding partnerships with major apparel retailers. 

Our greatest advantage is our leadership team and expert advisors who share our mission, vision and values.

Enthusiasm for the SAF-T VEST continues to grow, among clinicians and consumers.






Downloads

Overview