Hi ELEMENO HEALTH team, I am disappointed to see that I invested in the company 4 years ago at an 18 million valuation, and now it is raising at a 5 million valuation. Why is the valuation this low when you have over 2 million in annual revenue?

Hi Totao, Thank you for being an early investor in Elemeno. Since the first crowd raise, capital markets have gotten materially worse, healthcare labor costs have soared, and hospital budgets have weakened. Also, while gross margins have improved significantly, sales are below plan. In this environment, we’ve seen many start-ups fail or experience major adjustments in valuations. The decrease in valuation has affected our lead investor SJF, as well. However, they do see the ROI Elemeno is pro...

Hi Elemeno Health IR team, I have the following questions about your crowd initiative. I'm wondering what the NPS sentiment (or equivalent) is by the users, and are you satisfied with it? How does your team keep the app up to date with the content healthcare users need? Is the...

Hi Bernie, Thank you for your thoughtful questions. Here are our responses. Please let us know if you have further questions. Q: I'm wondering what the NPS sentiment (or equivalent) is by the users, and are you satisfied with it? A: Our most recent NPS score with unit managers was 63. Given that a typical benchmark for B2B SAAS companies is 40, we are proud that frontline management rates us so highly. That said, we continually strive to provide an outstanding experience to everyone from the ...

Hi Team: I have invested last two rounds. I would like to invest this round also; however, I have few questions. 1. I see # of customers growth is not growing lately; did I miss anything? what is the revenue/customer # projection next few years ( 1, 2, 5). What is the bussines...

Thank you for your prior investments and continued interest in Elemeno; you have helped us grow the company and positively impact hundreds of thousands of lives. Thank you also for your thoughtful questions. Q1: I see # of customers growth is not growing lately; did I miss anything? what is the revenue/customer # projection next few years ( 1, 2, 5). What is the business expansion plan for meeting the projection? What is the biggest challenge for the projected progress? A: We have two major t...

Hi Elemeno team, You are working on solving a critical problem with a much needed solution. I appreciate if you could answer the below 2 questions around Technology and Sales. #1, Can you explain about your technology? Particularly, I would like to understand how are you lever...

Absolutely! And thank you for asking. Q1, Can you explain about your technology? Particularly, I would like to understand how are you leveraging AI. Microsoft Co-Pilot is already lightening the workloads for doctors, nurses and pharmacists. I am referring to this article news.microsoft.com/s…macists/?OCID=lock2. How different your system will be compared to the solution that can be available through co-pilot. A: Elemeno provides an AI-enabled microlearning platform for just-in-time access to ...

Hi there, Is the $3.35M that has been raised "off Wefunder at the same terms" still in the bank? Pitchbook is showing that you had a VC round close in February 2024. Was that a different round or was that the $3.35M showing for this round? If the round was from February, how m...

Hi Teddy, the $3.35M raised in Reg D was available to the company early this year. A portion has financed the company’s restructuring and new hires, with a result now of significantly improved gross margin. We currently have over $1M left. Our current Wefunder Reg CF offering is a continuation of the Reg D round on the same terms.

Elemeno Health (YC S16) Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

$2.3M annual recurring revenue, with > $4B TAM

Customers include 20 healthcare systems and 40 hospitals across 12 states

Nursing Management study found a 40% reduction in RN orientation time, saving $14,000/RN

Solutions for Patient Safety study found a 75% decrease in serious patient harm with Elemeno usage

Emergency Nurses Association: "Elemeno is my 911"

Backed by SJF Ventures, Sustain VC, Dreamit Ventures, and Y Combinator

Elemeno Health (YC S16)

Just-in-time content platform for nurses, addressing an underserved market.

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Elemeno Health (YC S16)

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