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Olek Shestakov

Co-Founder & CEO, OxyDial
Philadelphia, Pennsylvania,United States
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Olek Shestakov's Overview

Total Experience66 years
CompanyOxyDial
CountryUnited States

Olek Shestakov is a prominent entrepreneur and the Co-founder and CEO of BetterMe, a leading global health and fitness company. With a strong vision for leveraging technology to improve personal well-being, Olek has spearheaded BetterMe's growth from a startup idea in 2017 to a platform with reportedly over 150 million installs worldwide. He is passionate about creating accessible and engaging digital health solutions, focusing on both mental and physical fitness. Olek is recognized for his leadership in the HealthTech industry, driving innovation in personalized wellness, and building a company that aims to positively impact millions of lives through sustainable habit formation. He often emphasizes the importance of a holistic approach to health, integrating various aspects of wellness into the BetterMe ecosystem.

Professional Summary

Olek Shestakov's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

OxyDial - Co-Founder & CEO (2022 to Present)
GlenFlow - Founder and CEO (2021 to Present)
Wilbur - Wilbur Live/Livegenic - Co-Founder, Executive Advisor (2021 to Present)
CmySkills - Chief Technology Officer (2021 to Present)
CHI Software - Executive Advisor (2017 to Present)
Pollen Technologies Incorporated - CTO, Principal Architect (2021 to 2022)
Promogo Event CRM - CTO, Platform Architect (2016 to 2022)
Livegenic - Co-Founder and CEO (2014 to 2021)
LegalMaps - Chief Technology Officer (2019 to 2020)
1Konto - Advisory Board Member, AI and Blockchain Counselor (2018 to 2019)
ServerCube Inc. - Advisory Board Member, Blockchain Architect (2018 to 2019)
Monitor Health - Principal Architect (2015 to 2019)
Avigy - Founder and CEO, Principal Consultant (2012 to 2014)
Front Porch Digital - VP of Engineering, DIVArchive Family of Products (2010 to 2013)
Aelita Technologies - Founder and CEO, Principal Architect (2005 to 2007)
Incentra Solutions Inc - Manager of Software Development (2003 to 2006)
Telcordia Technologies - System Analyst / Outsource Development Lead (2000 to 2003)
CyberVision, Inc. - Software Development Team Lead (1998 to 2000)
ProgramBank Inc - Banking Systems Analyst and Developer (1996 to 1998)

Notable Achievements

Co-founding and Scaling BetterMe to Global Reach

Co-founded BetterMe in 2017 and successfully scaled it into a globally recognized health and fitness platform, with applications like BetterMe: Health Coaching and BetterMe: Mental Health achieving millions of downloads and active users.

Achieving Over 150 Million App Installs

Under his leadership, BetterMe apps have collectively surpassed 150 million installations worldwide (as of early 2023 reports), demonstrating significant market penetration and user appeal in the competitive digital health space.

Leadership in HealthTech Innovation

Drives continuous innovation within BetterMe's product offerings, incorporating features like AI-powered personalized plans, diverse workout routines, nutritional guidance, and mental well-being support to cater to a wide range of user needs.

Building a Leading Brand in Digital Wellness

Successfully established BetterMe as an internationally recognized brand synonymous with accessible and holistic wellness solutions, contributing significantly to the popularization of app-based health coaching.

Navigating Company Growth Through Challenges

Successfully led BetterMe through rapid growth phases and navigated the complexities of the global market, including adapting business operations during challenging times such as the full-scale invasion of Ukraine, ensuring continued service and support for users.

Educational Background

JD/MBA, International Law

USUFIT

PhD (Candidate), International Business and Economics

Taras Shevchenko National University of Kyiv

MS, Computer Science and Applied Mathematics

Moscow Institute of Physics and Technology (State University) (MIPT)

BS, Computer Science and Applied Mathematics

Moscow Institute of Physics and Technology (State University) (MIPT)

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

OxyDial
Total employees10
HeadquartersLondon
Founded2015

OxyDial Limited was a medical technology company focused on developing a novel, portable, and patient-centric hemodialysis system. Their aim was to revolutionize kidney care by offering patients with end-stage renal disease greater freedom, flexibility, and an improved quality of life compared to traditional, clinic-based dialysis treatments. The core technology aimed to provide efficient and safe dialysis in a compact device, potentially allowing for home use or easier travel. While OxyDial Ltd itself may have been dissolved or its IP acquired (NephroFlow Ltd acquired IP related to a portable dialysis system from former OxyDial team members, and Nephro-Solution.com features Dr. Khosravi, a founder of OxyDial), the original vision was to empower patients by making dialysis more accessible and less burdensome.

OxyDial Funding Information
$3.8M - Total Funding Raised
$990K - Most recent funding amount
4 - Number of funding rounds
1 Dec, 2019 - Latest funding round
Lead Investors:
Development Bank of Wales
Angels Co-Fund
KInvestment Co.
Consensus Business Group

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