3C Bio

Underweight
BETA

Mobile SARS-CoV-2 (COVID-19) diagnostic laboratories – 2,400 rtPCR tests per lab/day

Analytics

Raised to Date: $55,000

Aggregate Commitments $
Platform

Wefunder

Start Date

07/29/2020

Close Date

11/20/2020

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$9,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

09/16/2020

Days Remaining

62

% of Min. Goal

110%

% of Max. Goal

5%

Likelihood of Max
Avg. Daily Raise

$1,122

# of Investors

97

Momentum
Location

Los Angeles, CA

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

3C Bio, with a valuation cap of $9 million, is raising crowdfunding on Wefunder. The company aims to build and deploy mobile diagnostic labs for the testing of SARS-CoV-2 infections. The testing will be focused on mission-critical communities, including schools, food and transportation workers, healthcare facilities, and critical infrastructure workers. Mark Mendel founded 3C Bio in April 2020 and has raised over $78,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used to purchase and build containerized labs, semi-trailer labs, lab equipment, reagents and supplies and for salaries, rents, and overheads. 3C Bio labs will be built in 53-inch semi-trailers or 40-inch containers, with massive scalability and deployability.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-53,280

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$9,415

$0

Accounts Receivable

$0

$0

Total Assets

$9,415

$0

Short-Term Debt

$62,685

$0

Long-Term Debt

$0

$0

Total Liabilities

$62,685

$0

Ratings

last updated 09/16/2020

Research

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