MARUX

Neutral
BETA

MARUX helps with emergency medical assessments in precious life saving time

Analytics

Raised to Date: $171,406

Aggregate Commitments $
Platform

Wefunder

Start Date

10/01/2020

Close Date

04/03/2021

Min. Goal

$267,500

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$5,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

67

% of Min. Goal

64%

% of Max. Goal

16%

Likelihood of Max
Avg. Daily Raise

$1,490

Momentum
Location

Detroit, Michigan

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

Growth

MARUX, with a $5 million valuation cap, is raising funds on Wefunder. The AI-powered technology of MARUX allows users to capture valuable medical data from a basic video camera. The data is helpful in emergency medical assessments in precious life-saving time. Jonathan Lightning Rayos and Michael D’Orazio founded MARUX in December 2019. The current crowdfunding campaign has a minimum raise of $267,500 and a maximum raise of $1,070,000, and the funds will be used for development, operations, marketing, and strategic partnerships. MARUX has multiple national and international patents for the diagnosis of patients. The technology is expected to be highly useful for the assessments of COVID vitals through visualized AI and machine learning during the current pandemic.

Ratings

last updated 01/26/2021

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