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UBERDOC

UBERDOC

Direct patient-to-specialist web app

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Deal Type

Convertible Note

Funding Goal

$250,000

Current Reservations

$173,000

Minimum Reservation

$10,000

Deal Stage

Bridge to Series A

Interest (% per year)

5.00%

Term Length (Months)

12 months

Valuation Cap

$3,500,000

Conversion Discount (%)

85%

Warrant Coverage (%)

N/A

Open Date

04/30/2017

Maximum Reservation

$300,000

Closing Date

04/30/2018

Elevator Pitch

UBERDOC is the only patient-to-specialist web app connecting patients directly to the best specialist for their needs for a single, transparent price, for an accelerated appointment date.

Company Overview

Who we are...

UBERDOC is the patient to specialist (P2S) direct access web app.

What we do...

The UBERDOC web app instantly connects patients needing urgent medical care directly to a choice of specialists without requiring a referral, insurance paperwork or having to wait many months for an appointment.

Why it matters...

The bureaucracy of today's overburdened healthcare system makes it impossible for a patient requiring urgent medical care to immediately get an appointment with the best specialist for their needs.

Why it's better...

Patients in need of urgent medical care are immediately granted direct access to a choice of the best specialists and instantly offered an accelerated appointment date with virtually no wait time.

How it works...

Doctors join the directory for free. Doctors must be board certified/eligible, in active practice, and affiliated with a hospital to participate. They are ranked only by location and availability. Patients pay $300 with their Health Savings Account or credit card for the initial appointment. All subsequent care can be through insurance.

How UBERDOC makes money...

UBERDOC makes $25 per patient transaction. Patients pay $50 for the appointment hold, and $250 after the completed appointment.

Marketing Strategy...

  • Social Media
  • Partnerships with Employers and benefits departments
  • Partnerships with walk-in clinics and fitness centers



Traction

  • Incorporated as LLC

    March, 2016
  • MVP completed

    November, 2016
  • MVP launch to beta testers

    December, 2016
  • Trademark established

    January, 2017
  • Engaged public relations firm

    February, 2017
  • Brand positioning established

    March, 2017
  • Engaged social media team, launch to patients

    October, 2017
  • First partnership with an Employer

    February, 2018
  • Launch of UBERDOC 2.0 - pivot from subscription to transaction

    March, 2018

Press Mentions

Testimonials

Daniela
Daniela
Patient
""I chose UBERDOC because the appointment scheduling was super easy. I am not from the area, so I did not really have a preferred doctor, but rather wanted an appointment as soon as possible.""
Omneya
Omneya
Patient
"I received inconclusive results from my mammogram. My follow-up appointment wasn't scheduled for another couple of weeks. I was so scared. I saw an UBERDOC right away.""
Maria
Maria
Patient
""I've been trying to see a local orthopedic for years, but I've always been referred far away. With UBERDOC, I got to choose a specialist near me.""
Christine
Christine
Patient
""I've been waiting for this!""

Previous Funding

  • $385,000 Equity
  • Raise Source: Friends
  • July 2016

Frequently Asked Questions

What if the patient needs an x-ray or further testing?

UBERDOC guarantees the patient ONLY a consultation with a specialist, any additional services are entirely up to the doctor and facility. Subsequent care can be through insurance.

What if the patient needs a referral?

Referrals are acquired only if the patient requires subsequent care.

What about restricted networks?

The majority of patients are unrestricted, and because the encounter is outside of insurance, it is not subject to out-of-network penalties.

How do I know I am getting the best care with UBERDOC?

UBERDOC specialists must be board certified, vetted and be credentialed with at least one hospital.

Documents

Confidential

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