Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ariel Effrigan

๐Ÿ‘ค Speaker
135 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So that is very significantly depends on the population, depends on how the length of the contract, et cetera.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

But typically it will operate either on a per member per month basis or in a shared savings model.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So based on the savings that we generate for the client, we're able to take a bonus from that and use that as our payment essentially.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So really they're just paying for the value they're getting.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

Yeah, no.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So contracts in our space are typically in the millions of dollars.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

We could be.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

It depends on the size, you know, half a million dollars, something like that.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

And pilots obviously are cheaper, but it just depends on the size of the client.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

But typically large enterprise clients are going to be spending millions of dollars.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

Yeah.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So we raised about $8 million or $8 to $10 million seed round.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

And we've launched, we're live, we've done clinical studies.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

We're working with some of the largest health insurance companies in the world and in the US, as well as some of the largest health systems.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So we did that at the end of last year, beginning of this year.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

Yeah.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

So it's both a function of just our needs in terms of research and developing the AI and our clinical teams, and also just the growth.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

We've had so much interest in our platform because of the impact we can have on patients.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

And so really it allows us to essentially get to that impact and validation, the level of validation you really need in healthcare.

SaaS Interviews with CEOs, Startups, Founders
MDIHealth Raised $8m, Moving 6 PIlots To Full Time Customers With $1m+ ACV Potential

Uh, no, we have customers that are, uh, paying and working with us.