This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (December 2020) |
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.[5][6][7]
 | |
| Founded | May 23, 2011[2] |
|---|---|
| Founder | Chase Adam Grace Garey Jesse Cooke Howard Glenn |
| Type | 501(c)(3) nonprofit organization |
| 45-3236734[3] | |
| Focus | Humanitarianism, Health care |
| Location |
|
| Coordinates | 37°46′23″N 122°24′16″W / 37.7730331°N 122.4045471°W |
Area served | Developing countries |
| Services | Funding medical treatment |
| Method | Crowd funding |
| Chase Adam[3][4] | |
Key people | Jon Skaggs, Mary Everette Cann, Dr. Mitul Kapadia, Dinkar Jain, Paul Graham, Howard Glenn, Mark Murrin |
Revenue (2014) | $3,014,372[3] |
| Expenses (2014) | $2,071,760[3] |
| Employees | 5[3] (in 2013) |
Volunteers (2013) | 10[3] |
| Website | watsi |
Background
editWatsi was the first nonprofit funded by seed accelerator Y Combinator.[8][9] They have also been funded by the Draper Richards Kaplan Foundation.[10]
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.[11]
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.[12]
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,[13] leading the company to change their logo to white triangles on a blue circle.[14]
References
edit- ^ "Privacy Policy | Watsi".
- ^ "Watsi, Inc.". Business Entity Search. California Secretary of State. Accessed on June 30, 2016.
- ^ a b c d e f g "Form 990: Return of Organization Exempt from Income Tax". Watsi Inc. Guidestar. September 30, 2014.
- ^ "Our Team". Watsi. Accessed on June 30, 2016.
- ^ "First Global Crowdfunding Website for Medical Treatments Opens to Public". Watsi. FundRaising Success. 23 August 2012. Retrieved 19 October 2012.
- ^ Empson, Rip (30 August 2012). "Watsi Is Using Crowdfunding To Treat The 1B+ Worldwide Without Access To Medical Care". TechCrunch. Retrieved 19 October 2012.
- ^ Devin Coldewey, Devin (27 August 2012). "Watsi: A Kickstarter for third-world medical care". NBCNews.com. Retrieved 19 October 2012.
- ^ "Watsi raises first-ever 'philanthropic seed round' from Silicon Valley investors". VentureBeat. 2013-07-25. Retrieved 2019-02-21.
- ^ Piper, Kelsey (2018-10-26). "Silicon Valley wants to fight climate change with these "moonshot" ideas". Vox. Retrieved 2019-02-21.
- ^ "DRK Foundation". drkfoundation.org. Retrieved 2019-03-26.
- ^ "Watsi Receives $3.5M "Philanthropic Round" Donation For Nonprofit Healthcare Crowdfunding". TechCrunch. 4 November 2015. Retrieved 2019-02-21.
- ^ "Watsi Transparency Document". Watsi. Google Drive. Retrieved 5 May 2013.
- ^ Kumparak, Greg (26 February 2014). "Watsi Watsi To Change Its Logo Following Legal Threats From "Multi-Billion Dollar Health Insurance Company"". Techcrunch. AOL. Retrieved 23 March 2014.
- ^ "Introducing Watsi's New Logo by Watsi". Archived from the original on 16 May 2014.