A Unique Investment Opportunity for Physicians
Fruit Street is a telehealth company that licenses its software to healthcare providers and also delivers the CDC’s Diabetes Prevention Program to commercial health plans using its own staff of registered dietitians. This software platform allows our healthcare providers to conduct HIPAA compliant video consultations with patients and monitor patients’ health, diet, and lifestyle using medical devices, wearable devices, and the Fruit Street mobile application.
Fruit Street has raised more than $8.4M in funding from more than 200 physician investors in 16 different medical specialties.
Physicians normally invest $25K-$50K and many of them do so using an IRA/401K which they can do without a tax penalty. We also issue these physicians additional shares to participate on our medical advisory board. It’s estimated that 158 million video consultations will be conducted by 2020 with a likely market size of $34 Billion. Fruit Street is well placed to take advantage of growth in the telehealth space.
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