Titan Holdings VC - Investment Analysis - As You Are (Autism Diagnostics)

Goal / Objective:
Conduct a comprehensive investment analysis of As You Are, a telemedicine startup providing scalable autism diagnostics, to evaluate market opportunity, competitive positioning, revenue potential, and investment viability.

Tools & Technologies Used:
Tracxn, CDC & NIH data, CMS/AMA telehealth reimbursement benchmarks, Excel, financial modeling, competitor analysis, market sizing frameworks.

What I Did:

Analyzed business model: virtual autism evaluations, B2C insurance-based revenue, B2B partnerships with schools and clinics.

Estimated revenue potential (2022–2024) using patient volume assumptions, market penetration, and average reimbursement rates.

Conducted market sizing: TAM ($1.1B), SAM ($264M), and potential share ($13–26M), highlighting growth opportunity in tele-diagnostics.

Performed competitive analysis, identifying differentiators (faster, cheaper, scalable) and benchmarking against Cortica, Blue Sprig, and traditional clinics.

Evaluated risks & challenges: regulatory hurdles, reimbursement variability, emerging hybrid competitors.

Developed investment recommendation: Series A/B candidate with expansion potential, adjacent opportunities (therapy referrals, AI diagnostics), and risk-adjusted investment thesis.

Challenges and Learning:

Navigating limited public data and making informed assumptions on patient volume and reimbursement.

Learned to combine quantitative market analysis, financial estimation, and qualitative competitive insights to form a structured investment thesis.

Result / Outcome:

Produced a comprehensive investment memo assessing market opportunity, financial potential, and competitive positioning.

Recommended a “High-Potential, High-Risk” investment with clear bull/bear scenarios and actionable diligence next steps.

Highlighted strategic growth avenues for potential investors, including broader age groups, international expansion, and AI-driven diagnostic tools.