My NextDerma

My NextDerma is a telehealth company focused on the Latin American dermatological market, headquartered in Zapopan, Mexico. Founded in 2019 by Saul Armando Lepe Soltero, Luis Alberto Guevara Mendoza, Enrique Ibarra, and Carlos Martínez, the company provides a virtual clinic connecting patients with dermatologists. The founders' motivations are personal; CEO Armando Soltero experienced severe acne during college, and co-founder Luis Alberto Guevara was driven by his experience with alopecia. This personal connection to skincare issues fuels the company's mission to make dermatological care more accessible.

The company operates a direct-to-consumer model through a mobile application available on iOS and Android. Users can schedule video consultations with certified dermatologists, receive diagnoses and prescriptions, and opt for home delivery of their prescribed treatments. This addresses a significant market gap in Mexico, where there is approximately one dermatologist for every 50,000 people. Revenue is generated from both consultation fees and the sale of dermatological products through its integrated e-commerce pharmacy. A key strategy involves analyzing top-selling products and developing private-label versions to offer more affordable treatment options.

The startup has shown significant traction, participating in the Winter 2021 batch of the prestigious Silicon Valley accelerator, Y Combinator, and securing $125K in a seed round from investors including Y Combinator and Rebel Fund. After launching in June 2020, the company reported sales of 1.7 million pesos in its first year, growing to 8.5 million pesos in 2022. My NextDerma has expanded its services to include psychology and nutrition consultations to provide a more holistic approach to wellness and is preparing for expansion into the United States and Colombia.

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