Firsthand
VerifiedUSD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 300 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $0.0 | round | |
* | $28.1m | Late VC | |
Total Funding | 000k |
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EditFirsthand 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.