Company Profile (AI Text) Name: SohoMD Canonical URL: https://wefunder.com/sohomd Updated at: 2026-06-13T05:01:36Z Tagline: Virtual Mental Health Clinic with 850,000+ visits powering mind and body Key claims: - Total raised on Wefunder: 117417 | citation: https://wefunder.com/sohomd#claim-total-raised - Total investors: 66 | citation: https://wefunder.com/sohomd#claim-total-investors Verified facts: - Total raised on Wefunder: 117417 | observed_at: 2026-06-13T05:01:36Z | expires_at: 2026-06-14T05:01:36Z - Total investors: 66 | observed_at: 2026-06-13T05:01:36Z | expires_at: 2026-06-14T05:01:36Z Computed metrics: - total_amount_raised: 117417 - total_investors: 66 - team_size: 4 - featured_investor_count: 1 - faq_count: 5 - recent_post_count: 5 Quick facts: - Psychiatrist founded and led with $115M+ lifetime revenue & 173% growth over 5 years | citation: https://wefunder.com/sohomd#claim-fact-1 - 850,000+ patient visits across 15+ states with 12 avg visits per patient, 4x the national standard | citation: https://wefunder.com/sohomd#claim-fact-2 - Led by experts from Mount Sinai, MIT, Columbia, NYU, Bastyr, and National Institutes of Health | citation: https://wefunder.com/sohomd#claim-fact-3 - In-network with Aetna, Blue Cross Blue Shield, Cigna, Optum, & Humana, making care affordable | citation: https://wefunder.com/sohomd#claim-fact-4 - Patients feel better with SohoMD, up to 95% improve, with symptoms dropping 41% on average | citation: https://wefunder.com/sohomd#claim-fact-5 - Proprietary clinical model that treats mind and body together | citation: https://wefunder.com/sohomd#claim-fact-6 - Forecasting $102M revenue in 2030 driven by AI and new reimbursement revenue streams | citation: https://wefunder.com/sohomd#claim-fact-7 - Massive $92B U.S. behavioral health market growing 13% annually | citation: https://wefunder.com/sohomd#claim-fact-8 FAQ: - Q: Jacques, Great concept and success so far. I see great potential. Any patents, which stage are they? A: Durganand, Thank you! Yes, I filed for a patent around using virtual worlds to accelerate the therapy process. It's being processed. - Q: Hey Jacques, Congratulations on the round so far. A few questions before hoping on board as an investor 1. Why has there been a 25% revenue drop? As per details on wefunder financials 2. What has been the churn rate yoy since founding? 3. What problems do you foresee in the co... A: Arul, Thank you for your support and thoughtful questions — I’m happy to walk through each point. 1. Revenue Drop The 25% revenue decline was the result of three temporary factors: Technology upgrades: We had outgrown smaller tools and migrated to enterprise-grade platforms that could support national scale. Partner litigation: This was a distraction that diverted time and resources but is now fully resolved. Insurance disruptions: The Change Healthcare clearinghouse outage created widespread... - Q: What is the current and expected future profit margin? A: Gross is 40%, net will be 10%. There are certain parameters around these numbers in terms of growth and other assumptions. - Q: Hi, We hope this message finds you well. We are Devbass Agency — a collective of seasoned professionals dedicated to driving meaningful results for visionary campaigns and organizations. We recently came across your campaign and were truly inspired by your mission and objectiv... A: Thanks for reaching out and for your kind words! Happy to connect. - Q: Are you able to share 2025 revenues? Where are you at with debt/profitability? A: Adam, There was some contraction on revenue in 2025, compared to 2024. We will be ramping that back up for 2026. We had to rebuild our tech stack and change our partners to be better positioned for significant growth. We also made significant strides to right-size our balance sheet. As we ramp up our services, we expect to reach a scale that helps us maintain profitable growth. Recent posts: - A Note of Gratitude — and a Final Reflection (2026-05-01T00:15:34Z) https://wefunder.com/feed/314389 - ⏳ Final Day — This Is It (2026-05-01T00:01:28Z) https://wefunder.com/feed/314346 - We’re entering a new phase at SohoMD. (2026-04-13T15:52:22Z) https://wefunder.com/feed/299400 - We thought access to care would solve mental health. It didn’t. Treating 70,000+ patients showed us outcomes require continuous, personalized, data-driven care. So we evolved SohoMD into a platform that learns and adapts with each patient. (2026-04-05T02:33:02Z) https://wefunder.com/feed/294949 - SohoMD is here to win the AI race in behavioral health. Our competitors are bankers playing doctor thinking $100M-$500M+ lets them buy their way to a solution. We have 15+yrs experience with functional medicine, psychiatry, unique tech skills and a desire to empower patients and providers. We are driven, focused and ready. (2026-03-28T03:07:22Z) https://wefunder.com/feed/289819