Correlate Health

Correlate Health

Early Stage

We Are Digital Health

We Are Digital Health

Overview

Raised to Date: Raised: $29,897

Total Commitments ($USD)

Platform

Netcapital

Start Date

04/01/2021

Close Date

02/14/2022

Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.71

Pre-Money Valuation

$2,485,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$94

Momentum
Funded
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Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Peachtree City, Georgia

Business Type

High Growth

Correlate Health, with a post-money valuation of $2.73 million, is raising funds on NetCapital. It is a digital health company focused on the development, acquisition, and investment of healthcare use applications, web services, and data transformation tools. Nailah Malak, Charon Collier, and Anthony T. Farrar founded Correlate Health in January 2019. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $250,000. The raise proceeds will be used towards accounting, payroll, tech product development, business development, marketing and sales, and legal and admin expenses. Correlate Health has filed trademarks and established strategic partnerships that will give the company access to over 10,000 healthcare companies and 280,000,000 patients.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-88,273

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$81,000

$0

Total Liabilities

$81,000

$0

Financials as of: 04/01/2021
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Correlate Health on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,485,000
Price per Share: $0.71

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