Subscription mental health teleconsultation medication prescription startup which has identified high growth segments after experimenting with paid acquisition.
Why RBF makes sense for Wellnite?
Strong founding team in a space gaining huge momentum. Found product market fit in the first 6 months of running the business.
Why this team is compelling for our RBF funds.
Recurring revenue and sticky customers, with huge market pull. We treat subscription revenue as a huge asset for its repeatability. When they eventually partner with larger medical institutions and insurance companies, Flywheel has the potential to provide AR financing in addition to marketing financing.
How this team would deploy RBF funds.
Invest in paid acquisition channels and business development efforts.