Corporate Wellness Pricing
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A B2B wellness app focused on helping employees fix insomnia through skills-based therapy rather than medication. The company partners with corporations to provide mental health services to their employees.
Key Points:
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Market Size & Problem:
- 25% of Americans (75M people) have insomnia
- Americans spend $75B per year on sleep aids
- Current solutions (pills, nasal strips, essential oils) have side effects or don't work
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Solution:
- App-based coaching that teaches sleep skills instead of prescribing pills
- Clinically verified results through habit-based app therapy
- Similar to what Calm/Headspace ($1-2B companies) did for meditation, but for insomnia/depression/anxiety
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Business Model:
- $100 per session pricing
- 25% net margin
- 3-month customer payback period
- Focus on corporate wellness programs
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Competitive Advantages:
- Partnership with NIH providing $500k in non-dilutive funding
- Access to $2B+ in sleep funding grants
- Founded by bestselling sleep expert (author of "Why We Sleep")
- AI research expertise from $500M+ Accenture business unit
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Why Now:
- Recent regulatory changes allow digital therapy with licensed doctors
- COVID drove telemedicine adoption from 10% to 80% in 2 years
- Rising mental health issues due to technology overload and pandemic
16:19 - 16:45
Full video: 21:06SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.