Elemeno Health

Real-time point of care training

Security Type: Crowd Note
Min Investment: $249
Location: Oakland, CA
Offering Date: June 25, 2021
Expected Close Date: September 15, 2021
Target Raise: $10.00K-$3.93M
Security Price: $0.86
Valuation: $20,000,000

Company Description

Elemeno’s mobile-friendly cloud solution delivers “just-in-time” team training and communication—equipping frontline nurses and doctors to deliver the right care at the right time. On demand, 24/7, at the point-of-care, or anywhere.

Key Deal Facts

Traction & Key Clients: $1 Million ARR. 20+ healthcare facilities. Steady growth through COVID-19. Clients include UCSF Health, El Camino Hospital, Children Hospital of New Orleans, RWJBarnabas Health, and Massachusetts General Hospital.
Proven ROI & Market Potential: Multiple published results cutting medical errors 50+%. Measured client ROI 10-30x. $2 Billion market.
Addresses the biggest problems in healthcare today: medical errors, waste, and burnout.

Management Team / Advisory Board Bios

Arup Roy-Burman, MD, Co-Founder & Chief Executive Officer
Dr. Roy-Burman has spent 20 years in ICU leadership at the nation top medical centers.

Scott M. Cohen, MHA, Chief Operating Officer
Cohen spent 13 years as VP Client Development at athenahealth, from early stage to over $1 Billion in revenue.

Carole A. Klove, RN, JD, Chief Nursing Officer
Former Chief Compliance & Privacy Officer at Stanford and UCLA. Alumni Board of Directors, Duke School of Nursing.

Victoria G. Watts, VP, Client
Former VP of Customer Success & Sales Operations at McKesson. Former VP of Customer Success at Incredible Health.

Steve Mundro, VP, Engineering
Developed social games serving millions of users at Game Show Network, and internal and customer tools managing millions of dollars at Alphaflow.

Lisa Crounse, VP, Product
Former Head of Product at Modsy. Former Sr. Product Line Manager at Autodesk, overseeing platform portfolio roadmap supporting 12 million annual installs.

Sandra Frykman, RN, Regional VP, Sales
Former Head of Sales at Incredible Health. Distinguished career in health tech sales, driving growth at McKesson, Allscripts, Vivian Health, and more.

Cynthia Nunamaker, MHI, BSN, RN, CRN, EBP-C
Sr. Clinical Lead, Client Experience & Innovation
Long-time cardiac nurse turned nurse innovator at Ohio State Wexner Medical Center. Sought out Elemeno Health: This is my dream job!

Elliott Nguyen, Head of People and Process
Elemeno first Client Success Manager set a high bar and now leads recruitment for our expanding team.

Kelley Spurr, MS, RN, Clinical Content Lead
Experienced nurse and manager at Penn and UCSF. Focus on technology solutions to support frontline staff, reduce variability, and improve outcomes.

Eric Uhrhane, Principal Software Engineer
Caltech engineer with distinguished career at early-stage Google and Google X.

Amount Raised : $1,246,562

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Security Description

A Crowd Note modifies the typical convertible note so that the crowd does not automatically convert to equity shareholders on the next financing and remain off the issuer’s capitalization table, but the crowd will still participate in any exit as if they had converted to equity. If there is no future financing, the holders of the Crowd Note still have upside, but could miss out significantly.

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