LifeDrop

Nicolo, as Co-Founder and CEO of LifeDrop, thank you for joining us as an SSA member! Let’s get right to it. You created a pretty unique product. How?!

LifeDrop emerged out of two daily issues: Firstly, our visionary and co-founder Noe Tüfer was missing a place to retreat while traveling through countless airports in China! Secondly, we missed a place to retreat at the workspace, and both saw a need. We created LifeDrop as a product that provides a multisensorial experience in the shape of a drop. Our programs are accompanied by visuals, sounds, and smells. It provides you with a private space, no matter where you are. By completely isolating yourself from your surroundings, taking a comfortable seat (in zero-gravity position!), you can completely unwind and relax.

Very special. Sounds futuristic and comforting at the same time. Was it smooth sailing throughout the process, or were there any significant challenges that stood in your way?

Well – it depends on your definition of “smooth” (laughs). Obviously, we had many ups and many downs, just as every early-stage startup has. But we always believed to be on the right track and were flexible to adjust for feedback. Building a hardware product came with high initial investment, and obviously (as my mentors have explained to me from the beginning), it took longer than you initially think to get to the point of having your first product financed, developed, and sold. On our journey, we really had to boot-strap and be patient. Aside from that, we have been on track, taking a step-by-step approach. We had great user feedback on more than 700 demo sessions in 2019 on our first prototype! We also passed a seed-round end of 2020 that allowed us to build our MVP and bring LifeDrop to the market. We already have our first revenues, too, by selling LifeDrop to a clinic!

This is what we love about startups, it doesn’t matter the struggles, our members show us how resilience can bring success! Congratulations. To finish up, share with our readers why you joined the SSA and how you think the startup landscape will develop.

The startup scene in Switzerland is – and will continue to grow, of course! LifeDrop joined the SSA upon recommendation as we were looking for avenues to strengthen our network with other founders. Importantly, we want to be able to support one another and leverage our knowledge sharing with other founders and stakeholders within our society. We’re looking forward to meeting them all.