{"data":{"type":"company_profile","id":12331,"entity_id":"wefunder:company:12331","attributes":{"canonical_url":"https://wefunder.com/crowdmed","generated_at":"2026-06-13T18:24:13Z","updated_at":"2026-06-13T05:00:06Z","entity_ids":{"company":"wefunder:company:12331","slug":"wefunder:company_slug:crowdmed"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-13T18:24:13Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-13T05:00:06Z","as_of":"2026-06-13T18:24:13Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-13T05:00:06Z","as_of":"2026-06-13T18:24:13Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-03-12T00:18:56Z","as_of":"2026-06-13T18:24:13Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-03-12T00:18:56Z","as_of":"2026-06-13T18:24:13Z","confidence":"medium"}}},"company":{"id":12331,"entity_id":"wefunder:company:12331","slug":"crowdmed","name":"CrowdMed","tagline":"Crowdsourcing expertise to solve complex medical cases online","elevator_pitch":"We harness the wisdom of the crowds to help patients find the right path to a cure. 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A travel junkie, has visited over 50 countries.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/71173/square_cropped_AAEAAQAAAAAAAAOvAAAAJDA1Y2FmOTc4LTYxOGEtNDdkMC1iZjQ2LTIwYzllNmFiMmJhYg.jpg?1573173061","profile_url":"https://wefunder.com/jaredheyman","personal_url":"https://www.linkedin.com/in/jaredheyman","linkedin_url":"https://www.linkedin.com/in/jaredheyman","related_urls":["https://wefunder.com/jaredheyman","https://www.linkedin.com/in/jaredheyman"]},{"id":1511791,"entity_id":"wefunder:company_role:1511791","user_entity_id":"wefunder:user:1379822","role":"employee","name":"David Pervan","title":"CEO","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png?1677475394","profile_url":"https://wefunder.com/davidpervan","related_urls":["https://wefunder.com/davidpervan"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":68,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":8097,"entity_id":"wefunder:fundraise:8097","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"convertible_note","security_type":"debt","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":200000.0,"funding_started_at":"2016-10-20T01:35:10Z","funding_closed_at":"2017-04-18T04:01:00Z","auto_close_at":"2017-04-18T03:59:59Z"}],"latest_fundraise":{"id":8097,"entity_id":"wefunder:fundraise:8097","state":"successful","offering_type":"4(a)(6)","structure":"convertible_note","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2016-10-20T01:35:10Z","funding_closed_at":"2017-04-18T04:01:00Z","terms":{"eb":null,"nb":"$18M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":213635,"entity_id":"wefunder:comment:213635","question":"Any updates for 2022? I am not sure whats the plan with the investments? Are you going to convert those?","author_name":"Aalap Sharma","votes":1,"created_at":"2022-08-02T16:31:16Z","canonical_url":"https://wefunder.com/crowdmed#question-213635","answers":[]},{"id":8471,"entity_id":"wefunder:comment:8471","question":"This is a good idea in theory but I don't think the $400 incentive is enough for Western physicians to spend time investigating things for a patient that is not personally even under their care. The whole business model seems to hinge on this incentive, and average patients won't be able to pay any higher to fund that incentive. I'm afraid most of your medical detectives will probably end up being doctors from developing countries. Are there any other incentives that you are working on?","author_name":"Kris Cheng","votes":1,"created_at":"2017-03-10T22:37:29Z","canonical_url":"https://wefunder.com/crowdmed#question-8471","answers":[{"id":8532,"entity_id":"wefunder:comment:8532","answer":"About 90% of our detectives are in the US or Canada, and the rest mostly from Europe, Australia, and Israel. You're correct that the $400 average reward isn't enough to incentivize Western physicians on its own, but the cash incentive is only part of their motivation. Other incentives include intellectual challenge, competing with peers on our leaderboards, our DetectiveRating reputation system, cross-disciplinary learning, and altruism. Also, many of our detectives are retired physicians, nurses, med students, and other types of medical experts who aren't purely money-motivated.","author_name":"Jared Heyman","votes":0,"created_at":"2017-03-14T18:57:42Z"}]},{"id":8302,"entity_id":"wefunder:comment:8302","question":"If you all of a sudden get several of the large insurers on line with a thousand cases, what does that do to your system?","author_name":"Jeff Jack","votes":1,"created_at":"2017-03-01T21:24:29Z","canonical_url":"https://wefunder.com/crowdmed#question-8302","answers":[{"id":8321,"entity_id":"wefunder:comment:8321","answer":"From a technical standpoint, our system is nearly infinitely scalable since the process is 100% automated on our end -- all we have to do is spin up more servers. The gating factor is the size our Medical Detective community, as we target a certain ratio between active cases and active Medical Detectives to maintain results quality. Since CrowdMed is a marketplace, additional cases bring additional cash rewards, which in turn attract more Medical Detectives. So, we expect in any major influx of new cases to attract a comparable influx of new Medical Detectives.","author_name":"Jared Heyman","votes":0,"created_at":"2017-03-02T18:41:30Z"}]},{"id":332034,"entity_id":"wefunder:comment:332034","question":"Where is Wefunder success team when you really need them?","author_name":"Aalap Sharma","votes":0,"created_at":"2026-04-25T20:14:43Z","canonical_url":"https://wefunder.com/crowdmed#question-332034","answers":[]},{"id":324625,"entity_id":"wefunder:comment:324625","question":"Has anybody reached out since the sale?","author_name":"G. Michael G.","votes":0,"created_at":"2026-02-06T16:04:14Z","canonical_url":"https://wefunder.com/crowdmed#question-324625","answers":[]},{"id":293534,"entity_id":"wefunder:comment:293534","question":"Companies like these I would never invest on Wefunder.","author_name":"Aalap Sharma","votes":0,"created_at":"2024-10-04T19:19:29Z","canonical_url":"https://wefunder.com/crowdmed#question-293534","answers":[]},{"id":270297,"entity_id":"wefunder:comment:270297","question":"Any updates? Are you still active?","author_name":"Rainer Filthaut","votes":0,"created_at":"2023-11-29T21:04:49Z","canonical_url":"https://wefunder.com/crowdmed#question-270297","answers":[]},{"id":219440,"entity_id":"wefunder:comment:219440","question":"Hello. I'm an early Wefunder investor, fan, and user. I love the product and your mission. Do you have any updates on if or when there would be a liquidity event? Have any companies approached you about an acquisition? I'd like to know more about how you're thinking about your exit strategy. Thanks!","author_name":"D S","votes":0,"created_at":"2022-09-19T19:12:29Z","canonical_url":"https://wefunder.com/crowdmed#question-219440","answers":[]},{"id":218889,"entity_id":"wefunder:comment:218889","question":"I have not heard anything in a long time. Any updates?","author_name":"Aalap Sharma","votes":0,"created_at":"2022-09-16T17:58:51Z","canonical_url":"https://wefunder.com/crowdmed#question-218889","answers":[]},{"id":122952,"entity_id":"wefunder:comment:122952","question":"Where is the 2020 year-end update?","author_name":"Todd Hendricks","votes":0,"created_at":"2021-01-04T21:56:27Z","canonical_url":"https://wefunder.com/crowdmed#question-122952","answers":[{"id":133355,"entity_id":"wefunder:comment:133355","answer":"Hi Todd, we just posted a new investor update.","author_name":"David Pervan","votes":1,"created_at":"2021-03-03T18:28:36Z"}]},{"id":107628,"entity_id":"wefunder:comment:107628","question":"I have a question. Per my contract, it looks like CrowdMed is legally obligated to pay me the entire principal amount plus interest. How do I go about collecting on this? Please see the terms below: 3. Maturity. Unless sooner paid or converted in accordance with the terms hereof, the entire unpaid principal amount and all unpaid accrued interest shall become fully due and payable on the earlier of (i) September 28, 2017, or (ii) the acceleration of the maturity of this Note by the Holder upon the occurrence of an Event of Default (such earlier date, the “Maturity Date”).","author_name":"Eddie Money","votes":0,"created_at":"2020-09-24T02:26:12Z","canonical_url":"https://wefunder.com/crowdmed#question-107628","answers":[{"id":107684,"entity_id":"wefunder:comment:107684","answer":"As is typical with convertible notes for venture-backed startups, a majority of note holders has elected each year to extend the notes’ Maturity Date for another 12 months.\u0026nbsp;Please reach out to Wefunder support if you need further details on how convertible notes typically work for startups and investors.\u0026nbsp;","author_name":"Jared Heyman","votes":1,"created_at":"2020-09-24T17:04:36Z"}]},{"id":98530,"entity_id":"wefunder:comment:98530","question":"Hey there-it has been almost 8 months since your last investor update-what's been going on?","author_name":"Theresa Graves","votes":0,"created_at":"2020-07-21T00:29:11Z","canonical_url":"https://wefunder.com/crowdmed#question-98530","answers":[{"id":133356,"entity_id":"wefunder:comment:133356","answer":"Hi Theresa, we just posted a new investor update.","author_name":"David Pervan","votes":0,"created_at":"2021-03-03T18:28:53Z"}]},{"id":60491,"entity_id":"wefunder:comment:60491","question":"I have thought your quest is brilliant from the beginning as I had hunted down a cure many years ago after wasting many dollars and precious time on many doctors. My question is how you seek out or familiarize the right professionals to get serious about sharing knowledge to support cures to their patients. I know the health care providers are changing based on patient experience related to health and hope this will encourage more doctors to lean into healing rather than medication cover up.","author_name":"J. Michele Preston","votes":0,"created_at":"2019-08-23T16:33:38Z","canonical_url":"https://wefunder.com/crowdmed#question-60491","answers":[{"id":60827,"entity_id":"wefunder:comment:60827","answer":"Hi J. Michele Preston, thanks so much for posting your question and sharing your experience. We have an open access network for our Medical Detectives and encourage a wide variety of healthcare professionals to participate. It is the number of Medical Detectives that participate on a case that help bring about new insights and outcomes for patients - taking into account a wide variety of specialties and medical experiences all of these individuals are able to communicate and interact with not only one another - but also with the patient themselves on the platform. This dynamic interaction enhances the sharing of knowledge about an individual patient case, as well as individual medical detectives experiences - while keeping the patient at the center of the conversation. We have found that those Medical Detectives who are naturally drawn to the platform are already more prone to sharing knowledge an adopting new healthcare approaches. As crowdsourcing for medical treatment becomes more familiar and prevalent we hope this will create a natural movement toward a different approach to healthcare. We hope this explanation helps and please do let us know if you have any additional questions.","author_name":"Danyell Jones","votes":0,"created_at":"2019-08-27T13:59:26Z"}]},{"id":57375,"entity_id":"wefunder:comment:57375","question":"@Danyell: We got an annual report for. 2017. What has changed since then (it was a convertible note back then too)? According to the clause 3.3 Disclosure of Information: \"Such Investor further represents that it has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the offering of the Securities and the business, properties, prospects and financial condition of the Company.\"","author_name":"Mikalai Makaranka","votes":0,"created_at":"2019-07-17T21:58:56Z","canonical_url":"https://wefunder.com/crowdmed#question-57375","answers":[{"id":57653,"entity_id":"wefunder:comment:57653","answer":"Hi Mikalai, thank you so much for reaching out, and for your question. We are putting together an official investor update and were waiting to share some exciting news...CrowdMed has recently become an official collaborator with TNTs Chasing the Cure. We will be pushing out more information shortly about what we have been up to and the progress that the team has made. In the meantime, you are welcome to reach out to me at danyell@crowdmed.com. Thank you again for your support!","author_name":"Danyell Jones","votes":0,"created_at":"2019-07-23T01:26:21Z"}]},{"id":52222,"entity_id":"wefunder:comment:52222","question":"Danyell, when will we see an investor update? Thanks!","author_name":"Matt Juszczak","votes":0,"created_at":"2019-05-06T20:43:16Z","canonical_url":"https://wefunder.com/crowdmed#question-52222","answers":[{"id":57654,"entity_id":"wefunder:comment:57654","answer":"Hi Matt, thank you for your patience as we have been working to secure a few partnerships. I look forward to providing an in depth update shortly, and welcome you to email me at danyell@crowdmed.com with any detailed questions. We appreciate your continued support.","author_name":"Danyell Jones","votes":0,"created_at":"2019-07-23T01:27:23Z"}]},{"id":52119,"entity_id":"wefunder:comment:52119","question":"Hi Jared: When can we expect an investor update?","author_name":"Tom Searcy","votes":0,"created_at":"2019-05-05T17:01:21Z","canonical_url":"https://wefunder.com/crowdmed#question-52119","answers":[{"id":57655,"entity_id":"wefunder:comment:57655","answer":"Hi Tom, thank you for your patience as we have been working to secure a few partnerships. I look forward to providing an in depth update shortly, and welcome you to email me at danyell@crowdmed.com with any detailed questions. We appreciate your continued support.","author_name":"Danyell Jones","votes":0,"created_at":"2019-07-23T01:27:41Z"}]},{"id":35097,"entity_id":"wefunder:comment:35097","question":"Hi Jared - Will we be received K-1s this year? Thank you","author_name":"Ted Ammon","votes":0,"created_at":"2019-02-15T21:23:30Z","canonical_url":"https://wefunder.com/crowdmed#question-35097","answers":[{"id":35176,"entity_id":"wefunder:comment:35176","answer":"Hi Ted, there won't be K-1s this year for Wefunder investors since the investment was via a convertible note. If you have any additional questions please don't hesitate to let us know.","author_name":"Danyell Jones","votes":0,"created_at":"2019-02-16T22:55:54Z"}]},{"id":34721,"entity_id":"wefunder:comment:34721","question":"Hi Jared, it's been over a year since we last heard from you. Can you please share an update with your investors?","author_name":"Lucas Pinelli","votes":0,"created_at":"2019-02-09T23:14:56Z","canonical_url":"https://wefunder.com/crowdmed#question-34721","answers":[{"id":34815,"entity_id":"wefunder:comment:34815","answer":"Hi Lucas, thanks for checking in!\u0026nbsp; I handed over the reins of CrowdMed last year to Danyell Jones, our former VP of Marketing, now turned CEO. I've since stepped into an Executive Chairman role at CrowdMed.\u0026nbsp;Danyell will send out an update to all Wefunder investors soon.","author_name":"Jared Heyman","votes":0,"created_at":"2019-02-11T23:47:40Z"}]},{"id":21909,"entity_id":"wefunder:comment:21909","question":"From an investor standpoint, when is it likelihood to see a return on investment?","author_name":"Jamaal Hamblin","votes":0,"created_at":"2018-05-23T15:28:35Z","canonical_url":"https://wefunder.com/crowdmed#question-21909","answers":[{"id":21917,"entity_id":"wefunder:comment:21917","answer":"There's no way for me to provide an accurate and unbiased answer to that question. For what it's worth, some of the world's top venture capital firms have invested in CrowdMed.","author_name":"Jared Heyman","votes":1,"created_at":"2018-05-23T19:33:05Z"}]},{"id":17047,"entity_id":"wefunder:comment:17047","question":"Do you intend to pay dividends?","author_name":"Craig J. Vom Lehn","votes":0,"created_at":"2018-01-10T15:34:08Z","canonical_url":"https://wefunder.com/crowdmed#question-17047","answers":[{"id":34893,"entity_id":"wefunder:comment:34893","answer":"Hi Craig, thank you for your question. I should have an official investor update posted shortly. Please also feel free to email us directly if you have a specific question at hello@crowdmed.com.","author_name":"Danyell Jones","votes":0,"created_at":"2019-02-13T01:52:22Z"}]},{"id":15625,"entity_id":"wefunder:comment:15625","question":"It's been quite a while since the last update and AFAIK, no news on perks. What's up? Thanks.","author_name":"John Reilly","votes":0,"created_at":"2017-11-15T16:52:08Z","canonical_url":"https://wefunder.com/crowdmed#question-15625","answers":[{"id":16453,"entity_id":"wefunder:comment:16453","answer":"I sent an update to Wefunder investors last week (please let me know if it wasn't received) and we're getting some data from Wefunder now that will allow us to send out the perks. Sorry for the long delay, there seems to have been a technical issue with closing out the Wefunder fundraise.","author_name":"Jared Heyman","votes":0,"created_at":"2017-12-14T00:07:00Z"}]},{"id":12008,"entity_id":"wefunder:comment:12008","question":"Haven't heard anything about perks since the fundraise closed. Can you provide details?","author_name":"John Reilly","votes":0,"created_at":"2017-08-15T19:19:26Z","canonical_url":"https://wefunder.com/crowdmed#question-12008","answers":[{"id":16452,"entity_id":"wefunder:comment:16452","answer":"I sent an update to Wefunder investors last week (please let me know if it wasn't received) and we're getting some data from Wefunder now that will allow us to send out the perks. Sorry for the long delay, there seems to have been a technical issue with closing out the Wefunder fundraise.","author_name":"Jared Heyman","votes":0,"created_at":"2017-12-14T00:06:56Z"}]},{"id":11082,"entity_id":"wefunder:comment:11082","question":"When will the round close and countersigned documents be available?","author_name":"Taylor Clauson","votes":0,"created_at":"2017-07-19T01:31:49Z","canonical_url":"https://wefunder.com/crowdmed#question-11082","answers":[{"id":34894,"entity_id":"wefunder:comment:34894","answer":"Hi Taylor, we don't have any open rounds at the moment. We will however be posting an official update shortly. Thanks for your question.","author_name":"Danyell Jones","votes":0,"created_at":"2019-02-13T01:53:07Z"}]},{"id":9159,"entity_id":"wefunder:comment:9159","question":"Do you have any investors from oversea? and would accept funding from oversea investors?","author_name":"Katsuya Sugawara","votes":0,"created_at":"2017-04-17T00:35:08Z","canonical_url":"https://wefunder.com/crowdmed#question-9159","answers":[{"id":9177,"entity_id":"wefunder:comment:9177","answer":"We welcome overseas investors, if Wefunder supports it. I'd encourage you to contact Wefunder support for more information.","author_name":"Jared Heyman","votes":0,"created_at":"2017-04-17T22:37:39Z"}]},{"id":9088,"entity_id":"wefunder:comment:9088","question":"Thanks Jared. What were the original maturity dates of the different convertible notes? And how many times have these maturity dates already been postponed?","author_name":"Lior Ostashinsky","votes":0,"created_at":"2017-04-13T20:08:41Z","canonical_url":"https://wefunder.com/crowdmed#question-9088","answers":[{"id":9089,"entity_id":"wefunder:comment:9089","answer":"Our first round of convertible notes came due in March 2014, and the due date was pushed back for a year at that point and every year since. This is standard practice for convertible notes at early-stage companies.","author_name":"Jared Heyman","votes":0,"created_at":"2017-04-13T20:19:44Z"}]}],"faq":[{"question":"Do you have a system in place to search out and remove fraudulent detectives?","answer":"We utilize a performance and credential-based reputation system to vet Medical Detectives, called the DetectiveRating (DR) System. Within this system, new users have relatively little influence until they prove their case-solving skills, as measured by their correct diagnostic and solution suggestions, points won and peer ratings. We also have a process to formally verify the medical credentials of new Medical Detectives with the relevant state or national medical licensing board, which allow..."},{"question":"How many of previous VCs are participating in this round?","answer":"This round is only for small investors. However two of our initial seed investors, NEA and Khosla Ventures, supported us with a follow-on investment last year."},{"question":"Why are you going to crowdfunding with top VC firms already invested? Are current investors expected to continue funding the company?","answer":"We've received several unsolicited investment offers from CrowdMed patients over the years, and our main objective with this campaign is to finally allow them an opportunity to invest in the company. Our top VC investors have said that they support CrowdMed and intend to continue funding us in subsequent rounds as we hit key milestones."},{"question":"1. Why don't you have any MD's on your team (shown above)? 2. How much does a consumer pay (all out of pocket?) to use your services and how would the consumer know in advance if their case is classified as standard, elite or premium, which presumably they need to know to figu...","answer":"1. Our medical advisor, Dr. Greg Denari, is a retired physician with 30+ of experience, board certified in Family Medicine with professional appointments at Santa Teresa Community Medical Center and The Permanente Medical Group. Greg has also served as an adjunct professor at Stanford University School of Medicine and the Pennsylvania State University, College of Human Development. 2. Our pricing may be viewed here: https://www.crowdmed.com/select-package The consumer must pay 100% out-of-poc..."},{"question":"How is your NPS (Net Promoter Score)?","answer":"We don't track NPS as a metric, however we know that our patients have a 5x preference for CrowdMed vs the traditional medical system"}]}}}