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COVID-19 spike telehealth

location_on

West,

Short Summary

Wellin5 is a remote online counseling platform to connect employees with counselors. We are currently experiencing an increase in demand due to COVID-19 virus to support mental health needs for remote employees such as anxiety & depression.

Overview

Target
US$5,000,000
Minimum
US$50,000
Investment Raised
US$4,500,000
Previous Rounds US$1,000,000
Stage Achieving Sales
Investor Role Any

Highlights

  • Completed an acquisition of online counseling startup in US in Feb
  • COVID-19 resulted in exposing huge need and demand for our services
  • Got approached for a multi-million$ buy-out validating our product & team
  • Excellent core team incl. advisor with successful exit in EAP industry
  • Quick exit for investors with expected 5-10 times return in 1-3 years.
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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