BeWell Digital

BeWell helps India’s 80K+ hospitals comply with recent Insurance regulation

Analytics

Raised to Date: Raised: $230,218

Aggregate Commitments $
Platform

Wefunder

Start Date

06/28/2021

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments $
Status

Active

Reporting Date

07/28/2021

Days Remaining

276

% of Min. Goal

460%

% of Max. Goal

92%

Likelihood of Max
extremely
Avg. Daily Raise

$7,674

# of Investors

143

Momentum
cool
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Location

Palo Alto, California

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

Growth

BeWell Digital, with a $10 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a platform that helps over 1.5 million hospitals, clinics, labs, and pharmacies comply with the new insurance regulations in India. The platform helps the hospitals by digitizing their patient health record and obtaining quality accreditation for working with insurance. Alagiri Senthilkumar founded BeWell Digital in November 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards engineering, sales, marketing, and operations and legal costs. BeWell Digital has already signed up with six hospitals and digitized 6,000 patient health records since its launch.
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