Sramana Mitra: How many companies have you invested in so far? Ray Chan: Over the last seven years, we have invested in over a hundred companies. Of course, a lot of them disappeared. Some of them are still going on. Sramana Mitra: Where I’m going with the question is what have you learned from investing
Sramana Mitra: There are a couple of trends questions that I want to ask you. What are the adoption trends in your hospital system customer base? What percentage of the hospitals are doing something like this with you right now? Mark Redlus: Adoption rate is woefully small. We’re in the early adopter phase. We’re not
Sramana Mitra: How big is the team in Detroit? Amjad Hussain: Our total team size, including engineering, data science, and implementations, is a little over 50 people. We do not have any subcontracting or offshoring going on. Since we live in a very competitive and global landscape, we have to work in a very efficient
Sramana Mitra: You said you have a very big geographical focus? How do you define that geography? How do you constrain that geography? Ray Chan: We do touch on some investments in Canada. We have maybe 10% of our investment outside of California all the way to Midwest or East Coast. Most of our investments
Mark Redlus: The providers could range from a licensed clinical therapist to a social worker. Those providers will look at it and spend maybe two or three minutes. Typically, in a first intake visit for a mental health issue, the patient would spend the first 20 to 40 minutes of their first appointment talking about
Sramana Mitra: At the very beginning, when you got this customer, what did you do for them? What did you propose to them that you were going to do that got you that customer? Amjad Hussain: They had a need for a very specific warehouse management application for complex product categories that had a lot
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ray Chan was recorded in December 2018. Ray Chan, Managing Director at K5 Ventures and Tech Coast Angels, shares his views on the segments his firms invest in. Sramana Mitra: Let’s get
Behavioral health is a hairy area to tackle. Read how Tridiuum is creating value in that sector. Sramana Mitra: Let’s start by introducing our audience to yourself and to Tridiuum. Mark Redlus: Tridiuum is a digital behavioral health company. Our mission is to integrate behavioral health into total health. I’m the CEO of the company