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Build It. They'll Come.

2024 – Kismet – how Mark Woodland’s healthtech startup, NDIS platform Kismet just got $32 million richer, thanks to a successful funding round from investors. (From the archives!)

Sep 22, 2024
Mark Woodland, a serial entrepreneur known for his innovative work in healthtech and childcare, discusses his journey with Kismet, a platform revolutionizing NDIS services. He shares how Kismet, started in 2022, quickly raised $32 million, enhancing compliance and reducing fraud in healthcare. Woodland highlights the evolution of digital check-ins and the emotional rollercoaster of securing venture capital. He also reflects on lessons learned while transitioning from military service to entrepreneurship, showcasing his unique insights into both sectors.
47:50

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Podcast summary created with Snipd AI

Quick takeaways

  • Mark Woodland's Kismet platform, launched after 13 years of contemplation, addresses NDIS participants' needs by linking them with approved service providers and reducing administrative burdens.
  • Kismet has rapidly grown by fostering partnerships and utilizing technology to ensure accountability and transparency in healthcare, significantly mitigating fraud within the NDIS system.

Deep dives

Mark Woodland's Entrepreneurial Journey

Mark Woodland's entrepreneurial journey began with a life-changing idea after witnessing the struggles of his family with aged care services. The need for a better system inspired him to co-found Kismet Healthcare in 2022, aiming to streamline the process for National Disability Insurance Scheme (NDIS) participants seeking health services. After spending 13 years contemplating this project, he launched the platform, which connects users with various service providers and automates appointment booking, dramatically reducing time spent managing care. In just two years, Kismet has evolved into a significant player in the digital health sector, raising $32 million in seed funding and establishing itself as one of the largest NDIS plan providers in Australia.

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