Overview

Raised to Date: Raised: $61,778

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/29/2020

Close Date

03/28/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$3,200,000

Valuation Cap

$4,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

03/30/2021

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$256

# of Investors

59

Momentum

Funded

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LiteraSeed

Year Founded

2013

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Phoenix, Arizona

Business Type

Growth

Company Website

LiteraSeed, with a valuation cap of $5 million, is raising funds on Wefunder. The company is strengthening the communication system in healthcare, so that lack of proper communication does not become a barrier to life-saving care. LiteraSeed offers a sound UX/UI-based system for patients to share visuals with doctors for better assessment. LiteraSeed was founded by Aziza Ismail in 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000, and the funds will be used for iterative product development, UX design and visuals, hiring a full-time software engineer, and insurance and legal expenses. LiteraSeed already has its pilots running with Valleywise and another provider in California.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$0	$0
COGS	$0	$0
Tax	$0	$0
Net Income	$0	$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	$0	$0
Total Liabilities	$0	$0

Financials as of: 07/29/2020

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LiteraSeed Founder Aziza Ismail on Protecting the Vulnerable

Misunderstandings between healthcare providers and patients can lead to serious complications — including death. Issues like language barriers and cognitive disorders increase the likelihood for such miscommunication. These patients are some of the most vulnerable, yet they can suffer the most insecurity in the American healthcare system.

LiteraSeed has created a solution to address this insecurity. Through a graphic interface that provides visual aids, patients can report what they are experiencing to doctors. The patients receive recommendations based on what they reported, and doctors receive specific reports of what the patient is experiencing.

We spoke with founder Aziza Ismail about the all-too-personal experience that inspired her to make LiteraSeed as well as what potential investors should know about the company.

Note: This interview was conducted over email. It has been lightly edited for clarity and length.

Read Founder Interview