Watsi

Nonprofit healthcare crowdsourcing platform From Wikipedia, the free encyclopedia

Watsi, legally Watsi, Inc., is a nonprofit healthcare crowdsourcing platform that enables individual donors to directly fund medical care for individuals in developing countries without access to affordable medical care.[6][7][8]

FoundedMay 23, 2011; 14 years ago (2011-05-23)[2]
FounderChase Adam
Grace Garey
Jesse Cooke
Howard Glenn
45-3236734[3][4]
Quick facts Founded, Founder ...
Watsi, Inc.[1]
FoundedMay 23, 2011; 14 years ago (2011-05-23)[2]
FounderChase Adam
Grace Garey
Jesse Cooke
Howard Glenn
Type501(c)(3) nonprofit organization
45-3236734[3][4]
FocusHumanitarianism, Health care
Location
Coordinates37.7730331°N 122.4045471°W / 37.7730331; -122.4045471
Area served
Developing countries
ServicesFunding medical treatment
MethodCrowd funding
Chase Adam[3][5]
Key people
Jon Skaggs, Mary Everette Cann, Dr. Mitul Kapadia, Dinkar Jain, Paul Graham, Howard Glenn, Mark Murrin
Revenue$2,268,111[4] (2024)
Expenses$2,482,900[4] (2024)
Employees5[4] (2024)
Volunteers4[4] (2024)
Websitewatsi.org
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Background

Watsi was the first nonprofit funded by seed accelerator Y Combinator.[9][10] They have also been funded by the Draper Richards Kaplan Foundation.[11]

In November 2015 the company announced a $3.5M growth round of donations led by 12 investors including Paul Graham, Tencent, and The Pershing Square Foundation.[12]

Medical partners included Nyaya Health, Dr. Rick Hodes, Wuqu' Kawoq, Children's Surgical Centre, CURE International, African Mission Healthcare Foundation, Hope for West Africa, Project Muso, Lwala Community Alliance, Living Hope Haiti, Floating Doctors, Burma Border Projects, Partner for Surgery, International Care Ministries, The Kellermann Foundation, and World Altering Medicine.[13]

In 2014, Watsi's old logo, which had a blue cross with a white triangle, was the subject of a trademark suit from the Blue Cross Blue Shield Association,[14] leading the company to change their logo to white triangles on a blue circle.[15]

References

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