Verse Medical

Verse Medical

Develops remote care healthcare software solutions

About Verse Medical

Simplify's Rating
Why Verse Medical is rated
B-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Healthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$12.6M

Headquarters

New York City, New York

Founded

2018

Overview

Verse specializes in cutting-edge software solutions designed to facilitate high-quality healthcare remotely. Their approach is particularly pivotal in a world increasingly focused on efficient and reliable home-based medical care. With a strong emphasis on developing technologies that provide hospital-quality treatment from the comfort of one’s home, working at this company offers the opportunity to be at the forefront of telehealth and remote care innovation while contributing to a transformative shift in how healthcare services are delivered globally.

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Simplify's Take

What believers are saying

  • Telemedicine adoption allows Verse Medical to expand services to remote areas.
  • The global e-commerce market growth offers expansion opportunities for Verse Medical.
  • AI in customer service can enhance Verse Medical's service quality and efficiency.

What critics are saying

  • Increased competition from online pharmacies like Amazon Pharmacy.
  • Rising raw material costs due to global supply chain issues.
  • Potential regulatory changes could impact Verse Medical's pricing strategies.

What makes Verse Medical unique

  • Verse Medical offers the lowest prices on health products with excellent service.
  • The company focuses on delivering personalized and customized health products.
  • Verse Medical is positioned to capitalize on the growing trend of eco-friendly health products.

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Funding

Total Funding

$12.6M

Above

Industry Average

Funded Over

1 Rounds

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
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$13M
Verse Medical

Benefits

Health Insurance

Dental Insurance

401(k) Retirement Plan

Company News

Wayfinder
Oct 15th, 2023
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