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

Kim Walpole

๐Ÿ‘ค Speaker
130 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

It was suddenly like, there's a fire in me to do that and to make sure that it happens sooner than not.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

Yeah, so it depends.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

There are a couple of different moving parts here.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

On the study design side, it takes anywhere from nine to 12 months to do that.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

We're cutting that down to weeks and eventually days.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

And then as you're running the clinical trial, because we are able to collect data properly, work on helping actually drive the process instead of being a system that reacts to it,

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

the end result, as far as we know it, can be months cut off of an actual trial.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

So we're a SaaS-based, we have a SaaS-based trial model.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

We charge per user, per month, per trial.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

And a user can be anyone that interacts with the system at any level.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

Yeah, good question.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

So we're selling directly to the folks that are trying to get the treatments out.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

So those are trial sponsors, Johnson and Johnson, kinds of companies, device companies, all of those different folks.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

So we actually sell on a per trial basis, but then we do bundles of trials as well.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

So on the way that clinical trials run is in order to get a treatment to market, it takes anywhere from nine to 15 years.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

And there are, there's a course of trials that have to take place.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

So at least three trials before you get your treatment to market.

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

And so,

SaaS Interviews with CEOs, Startups, Founders
1315 Her Best Friend Died From Terminal Cancer, She Launches MedTech SaaS Raising $2.5m on $10m Pre

For us, an average trial, maybe a phase two trial of 350 users would generate about 200K on average annually.