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Greg Phillips

Founder & CEO, CoverMe · 1 appearance on the record.

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founderexecutivepoliticianentertainerother@JumpVote ↗cover.me ↗Wikipedia ↗

He is the founder and CEO of CoverMe, a healthcare software platform that automates patient eligibility verification, enrollment, and payment workflows for hospitals. Outside of healthcare technology, he previously served as a state welfare official and became known as an election activist with True the Vote and an executive producer of 2000 Mules.

11statements → 5claims → 0claims resolved → 3.64/5average certainty → 1.18/5average debate potential →

5 not checkable as stated how the 5 claims stand · each chip opens the sources

2 predictions · 3 assertions · 3 opinions · 3 disclosures · every statement was checked. The predictions and assertions are the 5 claims: statements the public record can support or contradict. 0 are resolved, and 5 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Greg argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Greg Phillips on measured tape to publish a rate. This says nothing about how they speak.

Everything Greg Phillips said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Phillips: Cover Me prices its products 50% beneath market rates
“We think we're about 50% beneath the market on both of them.”
Greg Phillips Aug 17, 2021 ▶ 14:37 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Prediction Not checkable as stated
Phillips: Personal angel investment Rehinged will be a marketing AI superstar
“And in fact, I just invested some of my own money into that deal. Rehinged is going to be a superstar in that space.”
Greg Phillips Aug 17, 2021 ▶ 16:19 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Disclosure
Phillips: Cover Me founders invested about $800,000 of personal capital
“We put in about 800,000 total.”
Greg Phillips Aug 17, 2021 ▶ 5:24 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Prediction Not checkable as stated
Phillips: Cover Me will reach about $1.6 million in revenue in 2021
“This year we will finish the year at about one six.”
Greg Phillips Aug 17, 2021 ▶ 7:11 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Disclosure
Cover Me Pays Sales Reps $100K Base Plus 10% Commission
“We pay them a 100,000 as a base, and then 10% on their first year, on the first year of the revenue, and then there's some residuals.”
Greg Phillips Aug 17, 2021 ▶ 8:30 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Assertion Not checkable as stated
Phillips: Cover Me added three customers and $270K in ARR last month
“We just added three new customers. So we added two point, or excuse me, 270,000 in revenue last month.”
Greg Phillips Aug 17, 2021 ▶ 8:45 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Opinion
Phillips: Cover Me needs $4M to $5M to scale properly
“You know, to scale this thing and do it right, I think we need four or five million.”
Greg Phillips Aug 17, 2021 ▶ 12:28 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Opinion
Phillips targets roughly $12M valuation for Cover Me
“Well we, we're sitting down to talk about this here in about a month or so, but, you know, I think we're probably realistically looking at maybe, maybe one point maybe twelve million.”
Greg Phillips Aug 17, 2021 ▶ 12:39 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Disclosure
Phillips: Cover Me founder owns majority equity with two co-founders
“No, I own a little bit more than a majority, and my two co-founders own the rest.”
Greg Phillips Aug 17, 2021 ▶ 6:12 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Assertion Not checkable as stated
Phillips: Cover Me's monthly revenue dipped to about $100K during COVID
“Oh, we struggled a little bit last year. We dipped all the way down when we were dragging around about a hundred a month.”
Greg Phillips Aug 17, 2021 ▶ 9:15 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped
Assertion Not checkable as stated
Phillips: Cover Me has 36 total customers
“36 total.”
Greg Phillips Aug 17, 2021 ▶ 13:22 He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped

Appearances (1)

EpisodeDateSpeaking time
He's Beating Cancer While Building Fintech Health Tool, $1.6m ARR Bootstrapped Aug 17, 2021 12m
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