Care2Care

Care2Care

Enabling Delivery of Affordable Medications for Healthcare Plans and Individuals

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Security Type
Convertible Note
Min Investment
$200
Location
Portsmouth, NH
Offering Date
July 22, 2021
Expected Close Date
January 01, 2022
Target Raise
$10.00K-$400.00K
Security Price
$1

Company Description

The mission is to be the premier provider of internationally sourced affordable medications for healthcare plans and individuals. Care2Care International will be known as a brand that builds lasting relationships with customers and plan members, and consistently delivers exceptional value.

Key Deal Facts

Well-established, far-reaching ecosystem to become the premier provider of internationally sourced affordable medications for a vast market of self-insured healthcare plans and under-insured individuals.
Provides a simple solution for procuring US FDA-approved medications delivering huge savings for hundreds of costly prescription drugs.
Focus on 2-5% of the insured population, accounting for over 50% of pharmacy plan costs and delivering savings of up to 80%.
Highly experienced team that partners and collaborates with experts of the healthcare ecosystem who are dedicated to delivering effective and affordable healthcare.
Multiple revenue stream business model with estimated Year 3 net operating income of $680K on total revenue of $1.1 million.

Management Team / Advisory Board Bios

André Wencker, Founder and CEO
André held multiple leadership and executive positions as CFO, GM, and CEO in the health insurance industry, both mandatory and supplemental, and in the retirement pension sector: Gras Savoye (largest French insurance broker), Maaf-Santé, CAMAC, and MGC Mutual.
He is the owner and Principal at AWA Conseil, a Business consulting firm he started in 2002 in the French supplemental health insurance sector, more specifically focusing on business development and innovation.
André is a graduate from HEC Paris (#1 Business School in Europe), with an MS in Business Administration, holds an Executive Health MBA EHESP and ESCP Europe – 2013 (Comparative study and analysis of primary health systems in the developed world), and is a member of the French Institute of Actuaries since 1995.
André is a member of the board of the not-for-profit Foundation FORCE, aimed at financing medical research in the Eastern region of France.
André is CEO of Care2Care SARL, a company organized under the laws of France, which is the main shareholder of record for this Company, Care2Care International LLC, a New Hampshire limited liability company.
Pascal Orliac, Co-Founder and Chief Marketing Officer
Pascal is a Lecturer at the University of New Hampshire’s Peter T. Paul College of Business and Economics, and a member of the Board of Advisors of Pragmatic Consulting Inc.
As Global VPHR of Goss International, Pascal directed the design and implementation of HR strategies and practices in the Americas, Europe, and Asia-Pacific. He started his career as an entrepreneur and was co-founder of two start-up companies in the Tourism industry in France. Pascal holds an MBA from HEC Paris, France, and a Bachelor’s degree in Management Sciences with concentrations in Marketing and Finance from Paris University.
He is a member of the Board of Directors of the Birchtree Center, a non-profit school helping children and youth with autism grow and flourish in their families and communities.
Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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