Overview

Ash Wellness specializes in at-home diagnostic testing and telehealth services, aiming to make healthcare more accessible and inclusive. Their offerings include over 150 types of diagnostic kits that can be customized for various partners, such as universities, pharmaceutical companies, and public health organizations. The at-home testing kits help reduce the burden on patients, especially during clinical trials, while their telehealth platform allows for HIPAA-compliant consultations, particularly benefiting underserved communities. Unlike many competitors, Ash Wellness focuses on a B2B model, partnering with organizations to integrate their services into existing healthcare systems. Their goal is to enhance early intervention in healthcare, especially for LGBTQ communities, and to ensure that healthcare services are available to everyone.

Simplify's Take

What believers are saying

• Raised $10M in funding, indicating strong investor confidence.
• Partnership with Caraway expands reach in the Gen Z market.
• Featured in New York Digital Health 100, enhancing industry reputation.

What critics are saying

• Increased competition in digital health could dilute market share.
• Challenges in maintaining regulatory compliance across various regions.
• Dependence on venture funding may lead to financial instability.

What makes Ash Wellness unique

• Specializes in at-home diagnostic testing and telehealth services for diverse clients.
• Offers over 150 types of white-labeled at-home diagnostic kits.
• Focuses on inclusive healthcare, particularly for LGBTQ communities.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$3.1M

Meets

Industry Average

Funded Over

1 Rounds

$3,200,000

Seed

May 2022

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Meet Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$3.2M