Ranga Jayawardena

Co-Founder & COO
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A Letter to Investors

Posted by Ranga Jayawardena on Feb 12, 2020

Beam is the first Marketplace for Virtual Care. We help doctors and patients find each other and connect via billable video appointments. As a founder of a telemedicine startup raising seed capital, I hear a lot of the same questions: why did you choose to build a 2-sided marketplace instead of purely a SaaS company? What are you doing differently? How are you protected from a competitor pivoting to your model? Why are you fundraising now?

In an effort to save some time for both our prospective investors and for myself, I’ve put some thoughts on paper.

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Topics: entrepeneurship, startups, healthcare, technology, telemedicine, medtech

The Medical Marketplace

Powered By Telemedicine

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The Future of Healthcare has Arrived

Beam Health offers a HIPPA compliant, end-to-end telemedicine experience for healthcare providers and their patients. Our goal is to create a telemedicine marketplace where providers can list their services and acquire new patients. 

Did you know:

  • The National Institute of Health estimated that 70% of the 900 million (630MM) yearly doctor's appointments can be conducted virtually.
  • Approximately 77% of patients want access to their healthcare provider via their smartphone.
  • The global telemedicine market is expected to reach $130.5 billion by 2025

 

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