Firsthand

Firsthand

Verified
Building and scaling a world-class team dedicated to delivering life-changing outcomes to individuals with serious mental and physical illnesses. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$112—169m (Dealroom.co estimates Feb 2023.)
New York City New York (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-300 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
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DateInvestorsAmountRound
N/A

$0.0

round
*

$28.1m

Late VC
Total Funding000k

Recent News about Firsthand

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Firsthand Cares is a startup operating in the mental health care sector, providing support and resources for individuals living with serious mental illness. The company's unique selling proposition is its emphasis on shared lived experience, meaning that many of its team members have personal experience with mental health challenges. This approach fosters trust and understanding, which are crucial for sustainable recovery.

The company's primary clients are individuals living with serious mental illness, who often face barriers to accessing the care and support they need. Firsthand Cares aims to bridge this gap by offering a range of services, including personal guidance, community resources, and mental health advocacy.

The business model of Firsthand Cares revolves around providing these services to clients, likely funded through a combination of private payments, insurance reimbursements, and possibly grants or donations for non-profit operations. The company generates revenue by charging for its services, which are delivered by a team of experienced professionals and guided by a strong commitment to improving mental health outcomes.

Firsthand Cares operates in the broader healthcare market, but specifically within the mental health sub-sector. The company's focus on lived experience and personal recovery journeys sets it apart from traditional mental health service providers.

In conclusion, Firsthand Cares is a mental health startup that leverages shared lived experience to provide much-needed support and resources to individuals living with serious mental illness. Its business model is centered on service provision, and it operates in a market with a growing recognition of the importance of mental health care.

Keywords: Mental Health, Shared Lived Experience, Support Services, Serious Mental Illness, Healthcare Market, Personal Recovery, Community Resources, Mental Health Advocacy, Service Provision, Personal Guidance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.