Closing Time is now part of The Heart of Healthcare Podcast! Search for and subscribe to The Heart of Healthcare wherever you listen to podcasts.
Closing Time is a new podcast where you, the listener, get to be a fly on the wall during a startup pitch meeting. Imagine being part of a room where passionate entrepreneurs are pitching their healthcare startups, the innovations that could very well shape the future of healthcare. This podcast allows you to do just that.
Every episode, we introduce you to a founder who's at the frontline, driving the next generation of life-changing solutions, from AI-driven diagnostics to new patient care models. We’ll discuss the hard problems they are trying to solve, and if their solutions can turn into a viable, venture-backable business.
We also invite industry experts and venture capitalists to provide their insights, making Closing Time a comprehensive (and super entertaining) crash course in digital health entrepreneurship.
So, whether you're an aspiring entrepreneur, an investor looking for the next big thing, a healthcare professional curious about the future of your field, or simply a lifelong learner, Closing Time offers you a unique insight into the dynamic, challenging, and exciting world of healthcare startups.
In this episode, CEO Sonali Bloom presents her mobile eye care clinic to Kindred Ventures GP Kanyi Maqubela and our co-hosts. Boasting 75% year-over-year growth and over $6 million in revenue last year, Sonali details how her company is filling a critical gap in eye care accessibility in the United States.
We discuss how they manage three separate sales channels — to pharmaceutical companies, employers, and directly to consumers. We delve into the workings of reimbursement and discuss whether the total addressable market size can sustain this as a stand-alone business (spoiler: the answer is yes).
We also touch upon the concept of "spiritual ownership" and what it means to have a founder is no longer involved in the company's day-to-day operations.