Prescribe on WeFunder | Deal Memo

Jun 9, 2021 1 min read
Invest in Prescribe (YC W21): We help doctor’s offices in India run their business online. | Wefunder
We help doctor’s offices in India run their business online.

Company Overview

Prescribe hepls doctor's offices in India run their business online using Whatsapp. The company onboarded 165 clinics and has $14k MRR. According to their info, they are growing by 20% week over week. The company is raising funds to hire engineers and expand the sales team.

Deal Terms

  • Security: SAFE
  • Valuation Cap: $15,000,000
  • Min. Investment: $100

(Data as of June 2021.)

Prescribe: WeFunder Campaign Highlights

1) $14K MRR & growing 20% week over week.

2) Onboarded 165 clinics that do 600 appointments/day.

3) WhatsApp + Doctor offices = Healthcare in India ($30B market).

4) Book appointments, chat with the doctor, pay, and refer friends, all on Whatsapp.

5) The founding team is IIT graduates and second-time founders.

6) Raised $700k from Pioneer Fund, Acequia Capital, founders of Snapdeal (Indian e-commerce unicorn), etc.

Did I Invest In Prescribe?

I’m still in the process of writing a full deal report and decide whether or not I will invest in Prescribe on WeFunder. At Angel Notes, I review 100+ pitches on 10+ platforms every month and send a detailed report every Saturday to subscribers of the Angel Notes newsletter (you can join through the form below). See you soon!

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