N47 Partner Vivian Cheng guest hosts this episode of AI Unveiled and speaks with Erez Druk, the Co-Founder and CEO of Freed, a rocket ship AI startup dedicated to transforming the lives of healthcare professionals. Freed has grown at breakneck speed, reaching $10 million in ARR in its first year. Its mission is to free clinicians from the burden of manually managing electronic health records (EHR), allowing them to focus on patient care rather than paperwork.

Erez was inspired to found Freed after watching his wife, a clinician, struggle with seemingly endless hours needed to keep up with administrative tasks. Burnout is rampant in the healthcare industry, so Erez saw Freed as the way to give physicians their time (and lives) back. Erez is a second-time founder and learned quickly that having a deep connection to the pain point he’s working to resolve has made all the difference in building a company.

A key theme of this conversation is how to scale a mission-driven company quickly and effectively. In just a year, this startup reached $10 million in ARR and serves over 10,000 clinicians. We discuss the importance of obsessing over user needs, building a simple and effective product, how to hire the right people, and timing your entry into the market.

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Timestamps:

* 8:19 - Finding product-market-fit

* 11:13 - How Freed’s AI scribe stands out in a highly competitive space

* 17:27 - Who you hire can make or break your company

* 21:12 - Lessons learned as a second-time founder

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