Life Imaging on StartEngine

"We scan for Life"

Raise to date: $94,026

Reporting Date: 04/05/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

10/29/2019

Stop Date

04/29/2020

Days Remaining

22

Security Type

Equity

Investment Minimum

$200

Deal Type

Underweight


Investment Summary

Status

Active

# of Investors

155

% of Minimum Raised

940%

% of Maximum Raised

9%

Dollars Per Day to Reach Max

$44,362

DPD* Committed

$591

DPD* Category

$0

DPD* All Companies

$917

Kingscrowd Momentum

$94,026

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Life Imaging, with a pre-money valuation of $3 million, is raising funds on StartEngine. The company aims to provide an early detection system for cancer and heart diseases. The FDA-approved EBTC scanners of Life Imaging can detect many of these diseases even before the symptoms appear. At the same time, the Life Imaging scanners do not use dyes, are quick, and use only 10% of the radiation used by a normal CT scanner. Life Imaging was founded by James T. Graham. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used for expansion to a new location in South Florida, radio, TV, and social media advertising, and to provide education on life-saving screening services. Life Imaging has already conducted a pilot project under a different company wherein it generated a 37% profit margin and generated over $500,000 in revenues in four months.

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