B

BIOFORGE

Section 05

Business Model

Platform model: multiple revenue streams from quiz to concierge

TL;DR

BioForge makes money at every step of the customer journey. Free quiz brings them in, $29/month app keeps them engaged, $365/year blood work has 75-85% margins, peptide subscriptions at $149-499/month are the core revenue, and premium tiers ($5K-50K/year) drive the highest profit per customer. We don't build the medical or pharmacy infrastructure — we partner with existing platforms (like Medvi did) and own the brand, the app, and the customer relationship. Start with $22K, profitable by month 8-10.

Avg Revenue/Customer

$200/mo

Gross Margin (Y5)

72%

LTV:CAC

5.1x

Payback Period

1.75 mo

BioForge operates a platform model with multiple revenue streams across a value ladder from $0 to $50K/year. The "thin layer" approach (proven by Medvi) means we own the brand, customer relationship, and AI-driven operations, while all regulated functions — medical consultations, prescriptions, compounding, and fulfillment — are handled by licensed third-party partners. Revenue comes from app subscriptions ($29/mo), blood work panels ($365/yr, 75-85% margin), peptide subscriptions ($149-499/mo), consultation fees, and premium plans ($5K-50K/yr). Self-funded with $22K. proven by Medvi: a technology and marketing layer sitting atop outsourced telehealth and pharmaceutical infrastructure. Self-funded with $22K (like Medvi's $20K start), all regulated functions — medical consultations, prescriptions, compounding, and fulfillment — are handled by licensed third-party partners. BioForge owns the brand, the customer relationship, and the AI-driven operational stack. The men-only fitness + longevity positioning creates a sharp brand identity with higher LTV than generic telehealth platforms.

Three-Entity Structure

1

BioForge (Dubai Free Zone LLC)

Technology & Marketing Layer

  • Brand identity and website
  • Customer acquisition (paid media, SEO)
  • Checkout and payment processing
  • Customer service (AI chatbot + human escalation)
  • Data analytics and AI operations
  • Product strategy and pricing

BioForge explicitly does not provide healthcare services and is not licensed to practice medicine.

2

Telehealth Partner (e.g., CareValidate, OpenLoop, Wheel)

Clinical Infrastructure

  • Network of licensed US physicians (MD, DO, NP, PA)
  • Patient intake and medical review
  • Independent prescribing decisions
  • HIPAA-compliant data handling
  • State-by-state licensing compliance

Fee: estimated 40-50% of transaction value based on Medvi model.

3

Compounding Pharmacy Partners (503A/503B)

Pharmaceutical Fulfillment

  • Licensed compounding of prescription peptides
  • Quality assurance and testing
  • Cold-chain packaging and shipping
  • FDA-registered facilities (503B)
  • State-licensed pharmacies (503A)

Cost: estimated 15-25% of transaction value for COGS.

Unit Economics

Average Revenue Per Customer

$170/month ($2,040/year) — men on peptide stacks, growing to $220/mo by Year 5

Cogs

$43/month (pharmacy + shipping)

Platform Fee

$68/month (telehealth partner)

Gross Profit

$59/month per customer

Gross Margin

45% (initially) → 72% (at scale with direct pharmacy relationships)

Cac

$350 target (vs. Medvi's $500-700) — lower due to organic fitness community reach

Ltv

$1,100 initially → $2,300 by Year 5 (men who train have high adherence)

Ltv Cac Ratio

3.1x initially → 8.5x by Year 5

Payback Period

2.1 months

Monthly Churn

12% Year 1, declining to 5% by Year 5 (protocol-driven retention)

Revenue Streams

Peptide Subscriptions50%

Monthly peptide memberships ($149-499/mo) and Performance Plans — core revenue driver

Blood Work & DNA Tests18%

$365/year panels via Quest/LabCorp partnership (cost $50-100, margin 75-85%). The gateway product.

Premium Plans15%

Longevity Protocol ($5-10K/yr) and Elite Concierge ($25-50K/yr) — fewer customers, highest revenue per person

App Subscriptions10%

BioForge AI app at $29/month — high volume, low delivery cost, 85-90% margin

Consultation Fees & Ancillary7%

Telehealth consultation fees, supplement recommendations, branded merchandise

Margin Evolution (5-Year)

2027: Year 1: Lean bootstrap, break-even by month 8-10, small net profit

2028: Year 2: Volume discounts on pharmacy, improved CAC efficiency

2029: Year 3: Direct pharmacy relationships, AI reduces support costs

2030: Year 4: Negotiated platform rates, multi-market revenue

2031: Year 5: Mature operations, potential vertical integration

Scaling Strategy

Organic bootstrap model: self-funded with $22K, reinvest 100% of profits into growth. No external capital unless strategically justified at $5-10M+ revenue. The Medvi insight holds — telehealth-as-a-service platforms scale automatically. BioForge's lean scaling path: Phase 1 (Month 1-10): US market only, 3-5 peptides, founder does everything with AI. Target break-even by month 8-10. Phase 2 (Year 1-2): Scale to $600K-3M revenue. First hire only after revenue justifies it. Expand to 8-10 peptides. Phase 3 (Year 2-3): $3-10M revenue. Add UAE market via DHCC/JAFZA. Direct pharmacy relationships for better margins. Phase 4 (Year 4-5): $10-40M revenue. Optional: raise $2-3M for own 503B pharmacy license (drops COGS from 25% to 10%). Or stay lean and profitable forever like Medvi.