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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 I had just recently finished my first startup and then I was doing some... Well, what does that mean?

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 that company I built for about three and a half years.

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

And then part of those assets we absorbed into this company, but mainly the operations we closed down because of COVID.

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

And then I had a bunch of opportunities.

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

That company was relatively successful.

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

And because of that, yeah, I had a lot of great opportunities.

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

Just in terms of the clients, the impact on patients, as well as being revenue.

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

So we built that startup completely bootstrapped.

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

So that was a very exciting journey.

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

And what got me really excited about MDI was the interest that they had, the specific problem that they're solving within healthcare.

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

as well as the team is pretty incredible.

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

And the problem that we're solving is massive and very tangible, which is, I would say, not always the case with healthcare startups.

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

And in a sense, I guess a combination of both is that COVID made it really tough to be selling to health systems because all of their focus went away from innovation, went away from all of their areas aside for COVID.

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

For me, I was very passionate about the problem we were solving and didn't really want to pivot the business just to make money.

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

That wasn't what was so interesting to me at the time.

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

Yeah, so let's say you're a 65-year-old patient who is managed by a complex care team.

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

So you are in the hospital, you're discharged, you go home, you're on 10 different medications.

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

Your care manager would essentially either do this in the background or reach out to you, review your medications with MDI software, see what risks are posed to you because of your medication regimen.