MedCoShare
Early Stage
Flexible coworking spaces for doctors and other healthcare practitioners
Overview
Raised: $373,051
Total Commitments ($USD)
Platform
Wefunder
Start Date
12/31/2020
Close Date
01/31/2022
Min. Goal
$50,000
Max. Goal
$975,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,000,000
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/05/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$944
# of Investors
183
Momentum
Funded
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Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
Proptech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
MedCoShare, with a $5 million valuation cap, is raising crowdfunding on Wefunder. The company provides flexible shared working spaces for healthcare providers and doctors. The coworking spaces are available on a short-term or part-time basis, are affordable, and come with all basic utilities and support. Ronak Vyas founded MedCoShare in 2019. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $975,000, and the proceeds will be used towards growth, marketing, payroll, tech development, and costs associated with opening new locations. MedCoShare has six clients and increasing demand due to healthcare trends. The company has been featured in five local and national business publications.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$7,591 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-43,937 |
$-11,744 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$70,955 |
$188,336 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$144,319 |
$188,336 |
|
Short-Term Debt |
$0 |
$80 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$80 |
Financials as of: 12/31/2020
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