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Story perspectives

OptionsMD's Hewett Advocates Diverse Funding for Founders

5/6/2025

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Story summary
  • Morgan Hewett launched OptionsMD in June 2020, a telehealth platform leveraging AI for treatment recommendations.
  • The company secured $6 million in seed funding and was acquired by Resilience Lab in 2024.
  • Hewett shifted from seeking venture capital to valuing loans for future projects.
  • She encourages founders to consider diverse funding options like crowdfunding and bootstrapping.
  • For mental health support, reach out to the Suicide & Crisis Lifeline at 988.