The Company's product, known as Benevet, is a comprehensive telehealth platform that allows pet owners and veterinarians to hold online appointments and maintain online medical records. It supports secure messaging, online video and audio consultations, photo and video storage as part of the medical record, and more. The Benevet product provides pet owners with a way to get quality care anytime, from anywhere, and veterinarians with a way to work efficiently and add revenue.
The Company’s Benevet product was originally developed by Benecast, LLC (“Benecast”); Benevet Social Purpose Corporation is a subsidiary of Benecast. Benecast still owns the technology on which the Benevet product is built, but irrevocably licensed that technology to Benevet Social Purpose Corporation (“the Company”) in exchange for shares of the Company’s common stock.
In 5 years, we'd love for Benevet to be the standard platform for virtual veterinary care and online medical record storage, and to expand from its initial concept to include data from new technologies such as pet health monitoring systems, genetic information, integration with other medical record systems, and more. These are projections and cannot be guaranteed. Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.