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Meducation Pitch Deck

Meducation Pitch Deck

The pitch deck for Meducation's £350k seed round.

Jeremy Walker

July 25, 2013
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  1. Medical  professionals  are  disconnected  -­‐  both  for  each   other,

     and  from  educaDonal  resources.   The  Idea:  Problem   3/10   Clinical     teachers   Peers   Experienced   doctors   Others’   content   Journals   Textbooks   Revision   resources   Specialists   ?  
  2. The  Idea:  SoluDon   4/10   Medical   Professionals  

    Clinical     teachers   Peers   Others’   content   Journals   Textbooks   Revision   resources   Content   Specialists   We  bring  the  community  together  and  revoluDonise   the  way  they  use  educaDonal  resources.   Experienced   doctors  
  3. The  Idea:  Market   5/10   High   Upper  

    middle   Lower   middle   Low   40  million   63  Million  healthcare  professionals  worldwide   23  million  
  4. The  Idea:  Revenue   6/10   In-­‐house  publishing   Third

     Party  Distribu?on     ➜  Equivalent  UK  niche  medical   publishers  generated  up  to   £2m  just  from  medical   students.     ➜  £1.6bn  market.   ➜  Currently  in  discussions  with:     ➜  Elsevier   ➜  Wolters  Kluwer   ➜  Radcliffe  Publishing             Medical  educaDonal  social-­‐network,   Healthcare  professionals  support  each  other  and  learn  together.   Adver?sing     ➜  £30bn  market.   ➜  £46k  spent  each  year   on  each  US  doctor.   ➜  We  are  creaDng  an   irresisDble  pla]orm.  
  5. The  Idea:  Financials   7/10   (000’s)      

    2013   2014   2015   2016   2017   Adver?sing  Revenue    42    292   1,214   3,354   6,377   In-­‐house  publishing  Revenue    53     415   1,929   5,893   12,287   Distribu?on  Revenue    2      70     567   2,374   6,106    Total  Revenue    99      778   3,711   11,622   24,771   Costs   274   854   1,072   1,528   2,485   Gross  Profit   -­‐174   -­‐75   2,639   10,093   22,285   Net  Profit    -­‐174   -­‐75   2,111   8,074   17,828  
  6. Our  Progress   8/10   •  29,000  registered  members.  

    •  33%  of  UK  medical  students.   •  £40k  of  revenue.   •  Partnerships  with  Elsevier,  MPS,  LWW,   Podmedics,  KenHub  &  Funky  Professor.   •  80+  university  representaDves.   •  Team  of  6  top  advisors.   •  £255k  of  £350k  round  raised  in  first  month.   •  Grown  at  10%  per  week  since  September.     Some  Stats   Some  Graphs  
  7. The  Backup  Plan   9/10   •  Publishers  fail  to

     come  on  board.     •  We’ve  had  good  discussions  with   publishers     •  They  are  panicky  over  not  being  at   the  front  of  digital   •  Medics  don’t  want  it.   •  We’ve  already  shown  that  at  least   one  demographic  do.     •  Someone  else  does  it  first/beger.   •  Get  investment  fast,  get  a  good   team,  and  get  going!   •  Turn  compeDtors  into  partners.   Risks   Backup  Plan   •  Just  grow  as  a  small  medical  publisher.   •  Aim  for  revenue  of  £500k  -­‐  £1m.   •  This  is  an  established  business  model  in   the  UK  and  we  already  have  the   tracDon  to  become  a  player.  
  8. Any  QuesDons?       "It  is  a  shameful  fact

     that  people  are  sDll  dying  because   their  healthcare  workers  don’t  have  access  to  the   informaDon  they  need.”     With  your  help,  we  can  solve  this.     Virginia  Barbour,  Editor-­‐in-­‐Chief,  PLoS  Medicine,  HIFA2015  Conference:     lack  of  access  to  healthcare  informaGon  is  lethal,  May  2011