Despite the United States spending more per capita on healthcare, life expectancies are the same or worse as compared to other developed nations. One of the reasons that outcomes are not better is the organizations that sit between doctors and patients, mainly in the form of insurance companies and healthcare institutions. This added layer creates a compounded principal-agent problem where the best treatment and options for patients may not be used as they are not necessarily in the best financial interest of the other stakeholders. Sesame, a direct-pay marketplace, simplifies healthcare with its digital platform that allows patients to find, book, and pay for care (virtual or offline). Featuring over 1,000 providers offering nationwide coverage, Sesame focuses on telehealth visits, video dental consultations, and virtual prescription refills to cover an array of conditions. By directly establishing a link between patients and doctors, the platform saves patients up to 60% on the cost of care without the added headache of dealing with complicated insurance claims. AlleyWatch caught up with CEO and Cofounder David Goldhill to learn more about how Sesame makes healthcare more accessible, the company’s strategic plans, recent round of funding from investors that include Giant Ventures, Industry Ventures, and Coefficient Capital, General Catalyst, Entree Capital, and Atreides Management.
19 fundings; $905M+ invested in NYC startups in the past week. NYC Tech News for the week ending 5/1 featuring news for Sesame, Vivrelle, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/27/2021 featuring funding details for Current, Sesame, and much more.
NYC Tech News for the week ending 5/9 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Hydrant, Every Mother, Zevv, and much more…
75% of Americans suffer from dehydration. Hydrant cofounders John Sherwin and Jai Jung Kim are on a mission to prevent this with their direct-to-consumer offering that gets hydration checked off your list, first thing in the morning.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/7/2020 featuring funding details for Hydrant, Owkin, and much more.
This bi-weekly column covers the latest news from venture capital firms in NYC for the second half of August 2018 featuring must know news from 645 Ventures, Contour Venture Partners, Coefficient Capital, Corigin Ventures, and AccelFoods.