EXPAND ITS OFFERINGS JOINING
US NOW IS THE COMPANY'S FOUNDER
AND CEO ERIC CANARY WALLACE,
THANK YOU SO MUCH FOR JOINING
US TODAY. SO FIRST OFF HOW DOES
CAPSULE COMPARED TO A
TRADITIONAL PHARMACY. HOW DOES
THIS WORK FROM THE CONSUMER'S
CUSTOMER'S PERSPECTIVE.
>> IT'S GREAT TO BE
HERE CAPSULE IS THE SIMPLEST
AND EASIEST WAY TO GET MANAGER
MEDICATIONS FROM YOUR PHONE SO
WE'VE MADE
OVER THE LAST 6 YEARS
EXPERIENCE THAT IS HISTORICALLY
BEEN INCREDIBLY FRUSTRATING FOR
CONSUMERS. DOCTORS REALLY
EVERYBODY IN THE HEALTH
CARE SYSTEM WE'VE TAKE THAT AND
BUILD 2 THINGS ONE AND RANDOMLY
SIMPLE BRAND AND I THINK REALLY
SIMPLE CONSUMER EXPERIENCE AND
THEN WE BUILD PAIR THAT WITH
THIS INCREDIBLY ROBUST
UNDERLYING TECHNOLOGY
INFRASTRUCTURE SO THAT IT'S
15 SECONDS TO GET STARTED WITH
CAPSULE YOUR I'M GOING TO BE A
MANAGER FROM YOUR PHONE AT ANY
TIME.
>> AND WHAT DOES CAPSULE OFFER
BEYOND PRESCRIPTIONS.
>> CAPSULE TODAY OFFERS A
NUMBER OF THINGS AT THE ON
PRESCRIPTIONS FOR
PRIMARILY WE'VE. WE'VE GOT OVER
THE COUNTER PRODUCTS INTO OR
CONSUMER EXPERIENCE AND WE
LISTEN TO OUR CONSUMERS THERE'S
ALL THE TIME ONE OF THE THINGS
THAT WE LEARNED WAS THAT OUR
CONSUMERS KEPT ASKING US TO DO
MORE AND MORE
THEY SAID I I REALLY LOVE USING
CAPITAL FOR ALL INDICATIONS
THAT YOU NEED YOU MORE
HAPPENING MANAGING MORE OF MY
HEALTH CARE INSIDE A CAPSULE
AND SO LAST YEAR WE HAD OVER
THE COUNTER
PRODUCTS AND REALLY WHAT THE
CAPITAL RAISE THAT WE'RE ALL
TALKING ABOUT TODAY IS YOUR
MARK OR IS TO CONTINUE ADDING
MORE AND MORE THINGS INTO THE
CONSUMER EXPERIENCE BECAUSE
THERE CUSTOMERS ARE ASKING US
TO DO MORE AND MORE THINGS SO
OVER OVER TIME YOU'LL SEE US DO
THINGS LIKE MAKING IT EASY FOR
YOU TO ACCESS A DOCTOR MAKING
IT EASY FOR YOU TO ACCESS
MENTAL HEALTH MAKING IT EASY
FOR YOU TO ACCESS.
>> ALL THE THINGS THAT YOU MAY
WANT TO DO IN YOUR HEALTH CARE
JOURNEY AND NOT ONLY DOING THAT
TO THAT CONSUMER SO PARTNERING
ACROSS THE
ENTIRE HEALTH HER SYSTEM AT TO
BE ABLE TO BRING THE VERY BEST
IN CLASS PRODUCTS AND SERVICES
ALL INTO THE CAPSULE EXPERIENCE
AND SO WHAT WE'RE REALLY
FOCUSED ON IS PARTNERING WITH
WITH THE BEST PEOPLE IN HEALTH
CARE ACROSS EVERY SINGLE
PARTICLE.
>> WELL CONGRATULATIONS ON YOUR
NEW FUNDING, HOW DO YOU PLAN TO
USE IT.
>> THE CAPITAL IS FOR 2 THINGS
ONE IS
TO CONTINUE VERY RAW AND
NATIONAL EXPANSION, SO THAT YOU
KNOW TODAY WE OPERATE IN A MORE
THAN A DOZEN CITIES AND TO
CONTINUE BUILDING
THAT FOR CREDIT SO THAT YOU
KNOW BY THE END OF THE YEAR A
100 MILLION AMERICANS AT THE
OPERA JUDY USED CAPSULE, THEY
HAVE A BETTER HEALTH CARE
EXPERIENCE AND THE SECOND IS TO
CONTINUE
DOUBLING DOWN. ON OUR DEEPLY
PERSONALIZED WILL TECHNOLOGY
INFRASTRUCTURE THAT MAKE SURE
THAT WE NEED CAPSULE AND I USE
CAPSULE, ANYBODY
USES CAPSULE THAT THAT
EXPERIENCE IT IS COMPLETELY
PERSONAL TO YOU THE SAME
WAY WHEN I USE AN IPHONE YOU
CAN DOWNLOAD A SERIES OF APPS
THAT ARE CURRENTLY CONFIGURED
THE WAY YOU WANT YOUR HEALTH
CARE SHOULD BE THE SAME WAY
WE'VE BUILT THAT UNDERLYING
TECHNOLOGY INFRASTRUCTURE TO DO
THAT AND WE USE THE CAPITAL TO
CONTINUE MAKING THAT STRONGER
AND BETTER AND BIGGER.
>> SINCE CAPSULE LAUNCHED A NEW
YORK CITY 6 YEARS AGO THE
COMPANY IS NOW IN MORE THAN A
DOZEN MAJOR CITIES IN THE U.S.
WHAT SPECIFIC MARKETS ARE YOU
LOOKING TO EXPAND TO NEXT.
>> WE THINK EVERYBODY IN
AMERICA SHOULD BE KILLED THE
U.S. CAPITOL SO
WE ARE EXPANDING IN ALL OF THE
BIGGEST PLACES IN AMERICA.
I DON'T THINK THERE'S A THERE'S
NO MAGICAL FORMULA, IT'S YOU
KNOW WE NEED TO BE EVERYWHERE
THAT PEOPLE ARE IN OUR BELIEF
IS THAT DOCTORS
AND CONSUMERS EVERYWHERE HAVE
THE SAME FRUSTRATIONS WITH THE
HEALTH CARE SYSTEM WITH THE
PHARMACY AND MISSION TO BUILD A
PHARMACY THAT WORKS FOR
EVERYONE AT THE FARMS THAT
WORKS FOR EVERYONE EVERYWHERE.
>> THE PHARMACY INDUSTRY IS
INCREASINGLY A
CROWDED SPACE. NOW BIG NAME
BRANDS LIKE CVS AND WALGREENS
ARE ALSO OFFERING PRESCRIPTION
DELIVERIES. HOW DO YOU CONTINUE
TO DIFFERENTIATE YOURSELVES AND
COMPETE WITH THOSE BRANDS.
>> CATEGORIES 400 BILLION
DOLLARS. IT'S ONE OF THE
LARGEST CATEGORIES OF RETAIL IN
AMERICA, YEAH, AND IT IS LESS
THAN 2% ON AND AND SO WHEN YOU
THINK ABOUT THE TRAJECTORY OF
HOW THIS KIND OF RIGID DIGITIZE
OVER THE NEXT 3, 5,
7.10 YEARS. IT IS GOING TO GROW
LEAPS AND BOUNDS IN TERMS OF
WHAT'S COMING ONLINE AND SO ONE
IS THAT THERE IS ROOM FOR
MULTIPLE PEOPLE TO BE
SUCCESSFUL BUT MORE SPECIFIC
THE POINT OF A HASSLE IS
DIFFERENT AND YOU'RE RIGHT
CAPSULE IS DEFERRED FROM
EVERYTHING THAT EXISTS
OUT THERE. CASTLE WAS THE ONLY
COMPANY THAT HAS BUILT FROM
THE GROUND PURPOSE BILL
CONSUMER EXPERIENCE IN
TECHNOLOGY PLATFORM. SO BILL
THAT ONE STOP SHOP FOR HEALTH
CARE TO BRING ALL OF THE THINGS
THAT YOU DO IN YOUR HEALTH CARE
A LIFE INTO ONE SINGLE SIMPLE
HOLISTIC PLACED AND WE'RE DOING
THAT BY PARTNERING ACROSS THE
ENTIRE HEALTH INDUSTRY SO YOU
KNOW UNLIKE OTHER COMPANIES
LIKE AMAZON WHICH IS TRYING TO
GO IT ALONE AND TO BUILD THAT
ENTIRE INFRASTRUCTURE ON THEIR
OWN. WE REALLY BELIEVE THAT
HEALTH CARE'S TO COMPLICATE AND
IT TO GO TO LOUDON THAT YOU
NEED TO PARTNER WITH PEOPLE WHO
ARE AT EXPERTS IN DIFFERENT
PARTICLES TO BE ABLE TO BRING
THE CONSUMER WHAT THE VERY
BEST. EXPERIENCES ACROSS ALL OF
HEALTH CARE OR.
>> AND CAPSULE HITTING UNICORN
STATUS WITH THIS LATEST ROUND
OF
FUNDING CONGRATULATIONS.
A 1 BILLION DOLLAR VALUATION.
ANY PLANS TO GO PUBLIC AFTER
THAT.
>> I THINK COUNCIL AT SOME
POINT BE AN EXTRAORDINARILY
SUCCESSFUL PUBLIC COMPANY, BUT
RIGHT NOW WE'RE JUST VERY VERY
FOCUSED OUR MISSION TO LOOK
AFTER CONSUMERS TO READ DOWN
WITH A LOT OF WORK TO DO VERY
VERY DIFFICULT
BUSINESS AND I'M REALLY PROUD
OF HOW THE TEAM OUR COMPANY HAS
OVERCOME A NUMBER OF OBSTACLES
AND BUT HAS A
COMPLICATED EXPENSIVE REGULATED
INDUSTRY AND SO WE'RE RIGHT NOW
WE'RE JUST