Case Study: a Founding Healthcare AI Nonprofit achieves sustainable launch and funding with SEI business planning

founding healthcare ai nonprofit launches with SEI after securing seed funding and 2 products in 2024

The founding healthcare AI nonprofit, initially an informal consortium of leading academic health systems, faced the challenge of formalizing its operations into a sustainable standalone entity. They were uncertain about funding sources, revenue generation, and the necessary operational model. They engaged SEI to lead the business planning workstreams to address this.

SEI facilitated workshops to develop a comprehensive strategy, including a governance model, product segmentation with tiered pricing, and a five-year financial forecast. As a result of SEI's work, the nonprofit secured initial seed funding, successfully incorporated, and launched in 2024 with two products to the market. The organization is now a prominent authority advocating for the responsible use of AI in healthcare.