Sun. Dec 16th, 2018

Start-up Turns Raising Funds on its Head

Birmingham, Nov 13, 2018 ( – Nov 12, 2018 – The US Consumer Health Advocacy Group (USCHAG) opened its seed spherical of funding on the finish of October, to shut on the finish of November. Looking for under $1.2M, this start-up made the conscientious alternative to search out the appropriate buyers, versus taking cash supplied from any supply.  The firm, with zero debt and a burn charge of simply $2,000 a month has been a gorgeous draw for buyers, with many being informed, Its simply not an excellent match.

As somebody who has raised capital earlier than, this was a brand new philosophy for me, says Heather Logrippo, the top of Investor Relations. it was the primary time I needed to inform somebody that we wouldnt settle for their cash.

Nate Owens, the CEO explains, For us, having the appropriate companions from an funding standpoint is essential.  We need individuals who dont simply wish to generate profits.  We wish to share this firm with folks seeking to go away a legacy.  People who consider in our mission, who perceive why the Healthcare System wants an overhaul, these are the folks that we wish as buyers –  its about a lot greater than cash.

USCHAG is disrupting the healthcare house by placing management of the American healthcare business again within the arms of the buyer through the use of cutting-edge, deep studying AI coupled with a caring and centered human factor. Created by a group obsessed with altering healthcare with huge prior enterprise successes, USCHAG will put the facility of healthcare again within the arms of the individuals who pay for it, in a approach that nobody has ever imagined till now.

Media Contact

U.S. Consumer HealthCare Advocacy Group / Kevin Roberts, CMO


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Source :USCHAG

This article was initially revealed by IssueWire. Read the original article here.