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Am Suthar

๐Ÿ‘ค Speaker
86 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

And we automate all that.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

So giving that control really allows us to onboard and launch a wellness program in minutes and clicks, which takes our competitors days or weeks.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

So really by building this flywheel and then partnering with

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

with like our local chamber of commerce, small business administrations, because I'm here in DC, I'm able to make the right connections to kind of get this out to the right audience.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

And what we've learned is there's a lot of small businesses, even labor intensive environments like construction workers that would love to have benefits, but they've just always been no clear ROI and out of budget.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

Yeah, that's a great question.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

Traditionally, it's an ambiguous problem and it doesn't seem clearly valuable, like what's my bottom line, right?

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

But what we're trying to build is currently...

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

your personal health data is collected by health insurance companies.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

And then they use that to factor and augment the cost of your deductible and making care even out of reach.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

What we're doing is we're reversing that and saying, Hey, what if you are, you can show that you're becoming more physically active, that you're building financial resilience, that you're becoming more mindful of your emotions.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

And you can use some factor of that information and give that the positive information to the health insurance company to reduce your deductible.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

Can, can, can we do that?

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

That's not something we've proven out yet, but that's what we're really trying to build towards.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

It's not really a big data play.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

I think it's a big insight to play.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

like data has now just become a commodity.

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

Everyone's collecting it, but nobody knows like really what to do with it, right?

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

But we've done some backwards calculations, like just if you walk 2000 steps more, if you add 2000 steps to your daily average, that all other things being considered, that's an 8% reduction in risk of chronic cardiovascular diseases, right?

SaaS Interviews with CEOs, Startups, Founders
Sqrl Spent $146k on MVP, Now Launching to Heads of HR for Employee Health

You're not going to see that rebound in like bottom line value overnight, but over the course of five years, 10 years, that makes a big difference.