Startup CEOs know that raising capital is a long and grueling process, often requiring months of outreach, cold calls, pitches, and negotiations. Doing all of that on your own makes it even harder, but having a stand-out product that catches the the eyes of investors certainly helps. Kyle Samani, CEO and founder of Pristine has just that with a telemedicine platform streamed through Google Glass. It seems that Kyle literally "caught the eye" of several investors, successfully raising $750,000 through equity crowdfunding with the help of Onevest after showing them the magic of "seeing.”
Founded in 2013, Austin, Texas based Pristine helps medical professionals deliver better care through revolutionary technologies. In their words, they are solving the problem of "hey, can you come over here and look at this?" With products like EyeSight - a lightweight, flexible, secure video-streaming platform optimized for Google Glass - Pristine is shaking up the healthcare industry by making physical and geographic barriers to medical expertise irrelevant. Pristine recently partnered with UC Irvine Medical Center, who will be distributing Google Glass to its medical students in the operating and emergency departments.
Kyle and Pristine have been all over the news, as telemedicine and health tech have been hot topics in the startup world of late. Check out some of their recent press in The Atlantic and VentureBeat. Kyle also delivered a TEDx talk about Pristine's novel approach to a decades-old problem in healthcare, that you can view here.
Kyle sat down with us recently to discuss his success, and explained that without Onevest, he would have been just another one of the many CEOs that embark on raising capital all on their own. Instead, he noted that Onevest was responsive and involved in Pristine's crowdfunding campaign every step of the way. He offered some advice to fellow CEOs to stop chasing capital alone:
We are excited to follow Pristine’s development, and hope to see doctors everywhere wearing Google Glass soon!