Elemeno Health

Top Deal
BETA

Empowering staff at the point of care: Improving safety, and fighting COVID

Analytics

Raised to Date: $1,070,000

Aggregate Commitments $
Platform

Republic

Start Date

04/14/2020

Close Date

09/15/2020

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$12,000,000

Discount Rate

0%

Weekly Commitments $
Status
Funded
Reporting Date

09/16/2020

Days Remaining
Funded
% of Min. Goal

4,280%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$6,948

# of Investors

4,061

Momentum
Funded
Location
Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

Elemeno Health, with a $12 million valuation cap, is raising funds on Republic. It is a medical information platform that serves as a personal assistant for doctors and nurses. Elemeno Health facilitates team communication and point-of-care training and is playing a phenomenal role in the high against COVID. Elemeno Health was founded by Dr. Arup Roy-Burman and Ed Nanale in January 2016 and has raised approximately $3 million since its inception. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $1,070,000, and the proceeds will be used towards sales and marketing, product development, and meeting the growing demand during COVID-19. Elemeno Health has generated more than $900,000 in lifetime revenues, with projected annual revenue of over $8.3 million by 2022.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$603,763

$231,233

COGS

$196,583

$11,828

Tax

$800

$800

 

 

Net Income

$-1,117,452

$-1,308,443

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$251,727

$326,524

Accounts Receivable

$214,142

$12,500

Total Assets

$542,491

$395,040

Short-Term Debt

$12,268

$0

Long-Term Debt

$1,509,807

$0

Total Liabilities

$1,522,075

$702,726

Ratings

last updated 09/16/2020

Research

Other Deals

UpLyft on Wefunder

UpLyft has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
HealtheMed on Wefunder

HealtheMed has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Millennial Fertility Co. on NetCapital

The Millennial Fertility Co. team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Elemeno Health on Republic
Follow company
Follow Elemeno Health on Republic