5
Votes
CredentialedCARE
Business Overview:
Internet/B2C in SaaS Sector
Located in San Diego, US West
CEO is Dr. Jerry Flanagan
Unprofitable with < $100K in Revenues
Offering Launched, < 10 Employees
Pitch:
OVERVIEW: CredentialedCARE (CCC) has created an innovative web portal for Long-Term Care (LTC) providers that lowers the cost of worker management and offers strategies to market their staff in a collaborative community engendering trust and transparency. 3.4MM caregivers provide services to the elderly and disabled. The 80,000 agencies and facilities employing them are burdened by a 50% turnover rate and ineffective marketing options. The total addressable market for our services approaches $24B. Unlike other verification services, our SaaS is specific to LTC. 22% of agencies are BBB accredited but we convey greater trust. B2B referrals charge fees without detailed profiles; we are free and publish extensive online profiles for public view. 2 of 3 sites have launched. Our revenue generator, CredentialedCARE.com, went live in October. New users are registering daily with 1,503 visits in February 2011. We have engaged an experienced team to spearhead our marketing campaign.Community:
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This is not an offer to sell securities nor a solicitation of an offer to buy
any securities in the United States of America or any other jurisdiction
where their offer or sale is not permitted.