Responsum Health

Responsum Health

Building Online Knowledge Communities For People With Chronic Conditions

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Security Type
Crowd SAFE
Min Investment
$100
Location
Washington, DC
Offering Date
August 25, 2021
Expected Close Date
January 01, 2022
Target Raise
$25.00K-$1.07M
No. Investors
114
Security Price
$1
Valuation
$4,500,000

Company Description

Responsum creates and manages disease-specific, patient knowledge, and community building apps. Developed from years of research, interviews, and collaboration with patients, our free, disease-specific apps are designed to improve knowledge, grow self-confidence, support needs and concerns, and facilitate the organization and coordination of healthcare information. 

Key Deal Facts

Disease-specific, web-curated Newsfeeds for people with chronic conditions
4 patient-partnered, commercially supported platforms in the market
Just launched platform #5 for persons with Long COVID
Participant in StartUp Health Accelerator Program
Customers include Otsuka, Abbvie, Galapagos, The Allergan Foundation
Profitable w/ $840K in 2020 revenue, monthly revenue of $72.5K (June 2021)
Projected revenue of $9M by 2025

Management Team / Advisory Board Bios

Andrew Rosenberg
Founder and CEO
Andrew has been a Washington, D.C.-based healthcare policy expert for nearly two decades. His vision and relentlessness have fueled Responsum's mission since its development stages.

Yury Salazar Smith
Vice President of Operations
Yury has been instrumental in designing, revising, and developing Responsum's systematic approach and proprietary technology since its launch.
Amount Raised : $95,256
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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