{"data":{"type":"company_profile","id":178286,"entity_id":"wefunder:company:178286","attributes":{"canonical_url":"https://wefunder.com/sohomd","generated_at":"2026-06-13T10:42:49Z","updated_at":"2026-06-13T05:01:36Z","entity_ids":{"company":"wefunder:company:178286","slug":"wefunder:company_slug:sohomd"},"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":"2026-06-13T10:42:49Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-13T05:01:36Z","as_of":"2026-06-13T10:42:49Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-13T05:01:36Z","as_of":"2026-06-13T10:42:49Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-01T05:04:56Z","as_of":"2026-06-13T10:42:49Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-01T05:04:56Z","as_of":"2026-06-13T10:42:49Z","confidence":"medium"}}},"company":{"id":178286,"entity_id":"wefunder:company:178286","slug":"sohomd","name":"SohoMD","tagline":"Virtual Mental Health Clinic with 850,000+ visits powering mind and body","story":"SohoMD is a national network of board-certified psychiatrists, therapists, and integrative care specialists delivering high-quality mental healthcare at scale. Our virtual platform combines psychiatry, therapy, endocrinology, and nutrition into one connected experience that treats the whole person, not just symptoms.We’ve treated 70,000+ patients, generating over $115M in lifetime revenue. We’re in-network with major insurers with plans to expand to make quality care even more accessible nationwide.We’re raising on Wefunder to fuel national growth, accelerate our AI and tech roadmap, expand partnerships, launch new services, and build the most outcomes-driven, accessible mental health care platform in the country.Join us - invest in SohoMD today and be part of the future of digital, holistic mental health care.Our results are unmatched.Patients see real change with 95% improvement rates in severe depression, 84% in moderate depression, with a 41% average reduction in depression severity – numbers that far exceed national benchmarks.You get treatment for your body or your mind, but never both together.More than 50 million Americans face mental illness each year. For many, it comes alongside chronic conditions like diabetes, hypertension, thyroid disorders, autoimmune issues, and hormone imbalances.Yet, our healthcare system treats these issues in isolation, leaving patients to navigate a system that manages symptoms rather than identifying root causes. We built SohoMD to change that. Our approach is the first of its kind to combine psychiatry and therapy with the root-cause focus of functional medicine.Behind every statistic is a real person, and every missed connection costs us all.Patients don’t just try SohoMD, they stay. With 12 visits per patient on average – 4x the national standard – our model keeps patients engaged, ensuring deeper care and better outcomes.Our patients use “life-changing,” “easy,” and “care I didn’t know I needed” when describing their experience.When patients love their care, they stay longer which has led to increased retention and improved outcomes. Patients heal. They return. They refer. That’s the impact of SohoMD.Our leadership team combines world-class clinical expertise, operational precision, and functional medicine innovation to raise the standard for mental health care.SohoMD was founded and is led by Dr. Jacques Jospitre, a Mount Sinai–trained, board-certified psychiatrist with over 15 years of clinical experience. He pairs deep clinical insight with business and technical expertise, holding an MBA from Baruch College and advanced skills in AI and data science through his own programming in C++ and Python.The broader team brings Ivy League training and real-world execution experience, representing top institutions such as Mount Sinai, NYU Tandon School of Engineering, and MIT Sloan School of Management.The U.S. behavioral health market is growing rapidly, now valued at $92 billion with a projected 13% annual growth rate. This surge is being driven by rising rates of anxiety, depression, and chronic stress, especially among Millennials and Gen Z, where 91% report frequent stress.1 in 3 outpatient visits for mental health and substance use are now delivered virtually, telehealth is no longer a temporary solution – it has become a mainstay in behavioral healthcare.Expanded insurance coverage and stronger federal mental health parity laws are breaking down long-standing barriers, making it easier for millions of Americans to access mental health care with the same priority and support as physical health services. This convergence of demand, access, and technology is fueling sustained market growth.Today, our providers use a proprietary clinical protocol to uncover and treat the root causes of poor mental health. Next, we’re transforming 14 years of expertise into an AI-powered decision support platform, bringing real-time clinical guidance and scalable precision to mental healthcare.We’re building proprietary AI tools to automate intake, documentation, and real-time decision support, giving providers the ability to manage larger caseloads while improving quality of care.Our goal is to codify SohoMD’s proprietary clinical approach into a scalable software platform that supports expert-level decision-making across the country.We’ve also already developed two patient-facing mobile apps, now in beta: one focused on mental health, the other on diet and nutrition. These apps will offer personalized insights, biometric tracking, and direct communication with care teams, extending the intelligence of our clinical model into the hands of patients.We've achieved 173% revenue growth over the past five years and have generated $115M lifetime revenue, with $20M in revenue in 2024 alone.SohoMD generates predictable revenue from our clinical workforce of independent, licensed clinicians and existing insurance reimbursements.Combined with profitable operations and a scalable infrastructure, we’re positioned to grow with the velocity of a tech company and hit $100M+ in annual revenue by 2028.By owning the full care journey, we generate revenue, maintain high margins, and accelerate product innovation. Long-term, we’ll offer our platform model as a solution to other clinics, extending our reach and creating a high-margin, recurring revenue stream.We’re building toward an IPO - to lead the future of mental healthcare.The success of companies like LifeStance (NASDAQ:LFST), Talkspace (NASDAQ:TALK), and Teladoc (NYSE:TDOC) proves the demand for scalable mental health solutions.SohoMD is uniquely positioned to meet that demand with a deeper clinical model, stronger patient engagement, and proven technology that works.We are on a mission to deliver a higher quality of life for all. By pairing human clinical expertise with an AI-powered clinical model, SohoMD is building the most comprehensive and scalable approach to root-cause psychiatry in the history of the United States.By investing, you’re joining a movement to make high-quality, effective mental healthcare accessible to millions.Join us in building the next era of mental health!","location":"New York, NY","website":"https://www.sohomd.com/","total_amount_raised":117417,"total_investors":66,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/sohomd","https://www.sohomd.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/178286/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/178286/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/178286/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/178286/standard_blob.jpg"},"links":{"company_url":"https://www.sohomd.com/","linkedin_url":"https://linkedin.com/company/sohomd-pllc","tiktok_url":"https://tiktok.com/@sohomd"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Psychiatrist founded and led with $115M+ lifetime revenue \u0026amp; 173% growth over 5 years"},{"index":2,"claim_id":"claim-fact-2","value":"850,000+ patient visits across 15+ states with 12 avg visits per patient, 4x the national standard"},{"index":3,"claim_id":"claim-fact-3","value":"Led by experts from Mount Sinai, MIT, Columbia, NYU, Bastyr, and National Institutes of Health"},{"index":4,"claim_id":"claim-fact-4","value":"In-network with Aetna, Blue Cross Blue Shield, Cigna, Optum, \u0026amp; Humana, making care affordable"},{"index":5,"claim_id":"claim-fact-5","value":"Patients feel better with SohoMD, up to 95% improve, with symptoms dropping 41% on average"},{"index":6,"claim_id":"claim-fact-6","value":"Proprietary clinical model that treats mind and body together"},{"index":7,"claim_id":"claim-fact-7","value":"Forecasting $102M revenue in 2030 driven by AI and new reimbursement revenue streams"},{"index":8,"claim_id":"claim-fact-8","value":"Massive $92B U.S. behavioral health market growing 13% annually"}],"team":[{"id":5596094,"entity_id":"wefunder:company_role:5596094","user_entity_id":"wefunder:user:4772400","role":"founder","name":"Jacques Jospitre","title":"Founder \u0026 CEO","bio":"2x Founder. Board certified psychiatrist. Functional medicine expert and seasoned executive leader. Former Director of North General Hospital NYC. C++ \u0026amp; Python developer. Purchase College BA. Baruch College MBA. Mount Sinai MD.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5596094/square_blob.jpg?1758920474","profile_url":"https://wefunder.com/jacques.jospitre.1","personal_url":"https://linkedin.com/in/jospitre/","linkedin_url":"https://linkedin.com/in/jospitre/","related_urls":["https://wefunder.com/jacques.jospitre.1","https://linkedin.com/in/jospitre/"]},{"id":6464402,"entity_id":"wefunder:company_role:6464402","user_entity_id":"wefunder:user:4882917","role":"employee","name":"Cassie Dawalt","title":"Chief Strategy Officer","bio":"Healthtech veteran. 10+ years in behavioral health innovation. Drove millions in revenue and scaled care models at Valera \u0026amp; Iris, reaching 160M+ people. Board member at OutCare Health \u0026amp; Synergy Services. Stephens College BS.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/6464402/square_blob.jpg?1758921727","profile_url":"https://wefunder.com/cassie.dawalt.1","related_urls":["https://wefunder.com/cassie.dawalt.1"]},{"id":6464416,"entity_id":"wefunder:company_role:6464416","role":"employee","name":"Peter Bongiorno","title":"Integrated Care Director","bio":"Functional health trailblazer. Former National Institutes of Health (NIH) researcher and President of the NY Association of Naturopathic Physicians. 20+ years in integrative care. Published natural medicine author. Bastyr University MSAc,ND","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/6464416/square_blob.jpg?1758920057","related_urls":[]},{"id":6632869,"entity_id":"wefunder:company_role:6632869","role":"employee","name":"CrowdFunderHub","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png?1775065306","related_urls":[]}],"featured_investors":[{"id":12339,"entity_id":"wefunder:company_investor_profile:12339","investor_profile_id":4284095,"investor_profile_entity_id":"wefunder:investor_profile:4284095","subject_entity_id":"wefunder:user:4793064","name":"Ulrick Vieux","bio":"I am a child and adolescent psychiatrist that works in academic psychiatry.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NTc4OTk3LCJwdXIiOiJibG9iX2lkIn19--ee31e3337e73e2372340c5d98d03189e47a0c4f2/filename","profile_url":"https://wefunder.com/ulrick.vieux.do.ms.","endorsement_quote":"As a double board certified child, adolescent and general psychiatrist I have witnessed the commitment that SohoMD holds in providing exceptional care to their patients. I am impressed with the leadership of Dr. Jacque Jospitre- as I have followed the growth of SohoMD for the past 10 years and I am secure that SohoMD will continue to be a leader in providing holistic care and I am confident that the company will implement the newest evidence based modalities.","investment_total":25000,"investment_info":"Invested $25,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/ulrick.vieux.do.ms."]}],"investor_memos":[],"tab_counts":{"posts":5,"ask_questions":5,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":138268,"entity_id":"wefunder:fundraise:138268","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1000000.0,"minimum_target":"50000.0","maximum_target":"1000000.0"},{"id":138267,"entity_id":"wefunder:fundraise:138267","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"1000000.0","funding_started_at":"2025-09-03T00:50:09Z","funding_closed_at":"2026-05-01T03:59:59Z","auto_close_at":"2026-05-01T03:59:59Z"}],"latest_fundraise":{"id":138268,"entity_id":"wefunder:fundraise:138268","state":"successful","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":"$53M","nb":"$60M","txt":"valuation cap"}},"recent_posts":[{"id":314389,"entity_id":"wefunder:feed_item:314389","type":"FeedItem::Update","visibility":"public","title":"A Note of Gratitude — and a Final Reflection","preview":"Thank you to Wefunder for helping us share SohoMD with a broader audience and build real momentum around what we’re creating.Over 60 investors have already placed their trust — and their capital — behind this vision. That means a lot.SohoMD sits at a powerful intersection:Medicine × AIWe’re not just developing AI solutions — we have a real clinical platform that allows us to deploy and monetize them in the real world. That combination is rare.We’ve spent 15 years building: Clinical excellence...","published_at":"2026-05-01T00:15:34Z","author_name":"Jacques Jospitre","url":"/feed/314389","canonical_url":"https://wefunder.com/feed/314389"},{"id":314346,"entity_id":"wefunder:feed_item:314346","type":"FeedItem::Update","visibility":"public","title":"⏳ Final Day — This Is It","preview":"Today is the last day.In a few hours, this round closes — and with it, the opportunity to invest in SohoMD at this stage.No extensions.No reopening.No “one more chance.”For over 15 years, we’ve built something most companies never do: $115M+ in lifetime revenue 70,000+ patients 850,000+ visits Not hype.Not theory.Execution.Now we’re stepping into what comes next:A behavioral health platform built on: Proven clinical infrastructure Deep operational experience AI systems that unlock scale and e...","published_at":"2026-05-01T00:01:28Z","author_name":"Jacques Jospitre","url":"/feed/314346","canonical_url":"https://wefunder.com/feed/314346"},{"id":299400,"entity_id":"wefunder:feed_item:299400","type":"FeedItem::Update","visibility":"public","title":"We’re entering a new phase at SohoMD.","preview":"For the past 15 years, we’ve built a behavioral health platform grounded in real clinical care—serving tens of thousands of patients, delivering over 850,000 visits, and establishing the provider and payer infrastructure that makes scalable care possible. Now, we’re at an inflection point.We’re integrating AI into that foundation—extending care, personalizing treatment, and creating a more efficient, accessible model for behavioral health and wellness. Our approach combines psychiatry with a ...","published_at":"2026-04-13T15:52:22Z","author_name":"Jacques Jospitre","url":"/feed/299400","canonical_url":"https://wefunder.com/feed/299400"},{"id":294949,"entity_id":"wefunder:feed_item:294949","type":"FeedItem::Spotlight","visibility":"public","preview":"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.","published_at":"2026-04-05T02:33:02Z","author_name":"Jacques Jospitre","url":"/feed/294949","canonical_url":"https://wefunder.com/feed/294949"},{"id":289819,"entity_id":"wefunder:feed_item:289819","type":"FeedItem::Spotlight","visibility":"public","preview":"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.","published_at":"2026-03-28T03:07:22Z","author_name":"Jacques Jospitre","url":"/feed/289819","canonical_url":"https://wefunder.com/feed/289819"}],"q_and_a":[{"id":314922,"entity_id":"wefunder:comment:314922","question":"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 coming years that would stop you from becoming a unicorn and stagnate your growth? 4. What excites you to stay up at night and keep pushing? 5. How do you plan on monetising with the patent? Thanks. Once again,love what are building.","author_name":"Arul Thiyagarajan Saravanan","votes":1,"created_at":"2025-09-14T05:59:08Z","canonical_url":"https://wefunder.com/sohomd#question-314922","answers":[{"id":314940,"entity_id":"wefunder:comment:314940","answer":"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 claim delays across the industry, which impacted our cash flow. Each of these issues has been addressed — we are now fully on new enterprise platforms, litigation is behind us, and we’re aggressively pursuing underpaid claims. With these challenges resolved, we’re positioned to use this investment round to return to growth and scale SohoMD successfully. 2. Churn / Retention Before the temporary disruptions, SohoMD retained 70–88% of providers annually, and the average patient had 12.5 visits per episode of care — well above industry averages. Cash flow constraints last year caused some turnover and lower visit averages. We expect retention and engagement to strengthen with proper capitalization and operational consistency. 3. Future Challenges The key challenge — and opportunity — is integrating Artificial Intelligence (AI) into psychiatry effectively. AI is widely available as open-source code, but the differentiator is the clinical data and know-how used to train it. With 14 years of experience, tens of thousands of patient encounters, and deep expertise in functional psychiatry, SohoMD is uniquely positioned to combine data and AI for both clinical decision support and operational efficiency. External risks (such as reimbursement trends and regulatory changes) are always present in healthcare, but our scale and diversification put us in a strong position to adapt. 4. Motivation What drives me is the opportunity to unlock the full potential of psychiatry. True mental health care isn’t just prescribing medication or therapy in isolation — it’s helping patients align treatment with their life goals and using psychiatry as a tool to transform their lives. The chance to make this vision real for millions of people is what keeps me pushing forward every day. 5. Patent Monetization Our patent strengthens SohoMD’s ability to orchestrate treatment around patients’ personal goals. We see multiple monetization paths: Internal application — using it to improve patient outcomes, retention, and lifetime value within SohoMD. Licensing — offering it to other practices and digital health companies. Integration with AI tools — embedding it in clinical decision-support platforms and SaaS products. This creates both defensive IP value and offensive revenue opportunities as we scale.","author_name":"Jacques Jospitre","votes":2,"created_at":"2025-09-14T19:02:50Z"}]},{"id":309728,"entity_id":"wefunder:comment:309728","question":"Jacques, Great concept and success so far. I see great potential. Any patents, which stage are they?","author_name":"Durganand Thatavarthy","votes":1,"created_at":"2025-06-15T21:59:29Z","canonical_url":"https://wefunder.com/sohomd#question-309728","answers":[{"id":309732,"entity_id":"wefunder:comment:309732","answer":"Durganand, Thank you! Yes, I filed for a patent around using virtual worlds to accelerate the therapy process. It's being processed.","author_name":"Jacques Jospitre","votes":1,"created_at":"2025-06-15T23:54:45Z"}]},{"id":325885,"entity_id":"wefunder:comment:325885","question":"Are you able to share 2025 revenues? Where are you at with debt/profitability?","author_name":"Adam Sampson","votes":0,"created_at":"2026-02-20T19:06:37Z","canonical_url":"https://wefunder.com/sohomd#question-325885","answers":[{"id":328023,"entity_id":"wefunder:comment:328023","answer":"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.","author_name":"Jacques Jospitre","votes":0,"created_at":"2026-03-17T23:18:12Z"}]},{"id":318348,"entity_id":"wefunder:comment:318348","question":"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 objectives. As an agency that partners with investors and transforms their interest into actionable support for impactful initiatives, we see tremendous potential in your project and would love to explore ways to contribute to its success. Our team brings deep expertise in leadership, fundraising strategy, and project management, ensuring that every collaboration we take on delivers measurable growth and lasting impact. We’re confident that our strategic support can help your campaign reach new heights. We’d be delighted to schedule a convenient time to discuss how we can work together. Please feel free to reach us at devbassagencysolutions@gmail.com . Thank you for your time and consideration — we look forward to the opportunity to connect. Warm regards, Devbass Agency www.devbassagency.com 📩 devbassagencysolutions@gmail.com","author_name":"Devbass Agency","votes":0,"created_at":"2025-10-29T17:01:49Z","canonical_url":"https://wefunder.com/sohomd#question-318348","answers":[{"id":318406,"entity_id":"wefunder:comment:318406","answer":"Thanks for reaching out and for your kind words! Happy to connect.","author_name":"Cassie Dawalt","votes":1,"created_at":"2025-10-29T22:06:29Z"}]},{"id":317617,"entity_id":"wefunder:comment:317617","question":"What is the current and expected future profit margin?","author_name":"Y S","votes":0,"created_at":"2025-10-22T00:41:57Z","canonical_url":"https://wefunder.com/sohomd#question-317617","answers":[{"id":317865,"entity_id":"wefunder:comment:317865","answer":"Gross is 40%, net will be 10%. There are certain parameters around these numbers in terms of growth and other assumptions.","author_name":"Jacques Jospitre","votes":0,"created_at":"2025-10-24T13:45:26Z"}]}],"faq":[{"question":"Jacques, Great concept and success so far. I see great potential. Any patents, which stage are they?","answer":"Durganand, Thank you! Yes, I filed for a patent around using virtual worlds to accelerate the therapy process. It's being processed."},{"question":"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...","answer":"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..."},{"question":"What is the current and expected future profit margin?","answer":"Gross is 40%, net will be 10%. There are certain parameters around these numbers in terms of growth and other assumptions."},{"question":"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...","answer":"Thanks for reaching out and for your kind words! Happy to connect."},{"question":"Are you able to share 2025 revenues? Where are you at with debt/profitability?","answer":"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."}]}}}