MedVector

Transforming Clinical Trials
Analytics
Raised to Date: $624,853
Aggregate Commitments $
StartEngine
10/27/2020
04/21/2021
$9,999
$1,070,000
$496
Equity - Common
RegCF
Pre-Seed
$10,000,000
Weekly Commitments $
Active
01/17/2021
92
6,249%
58%
$7,620
359
El Segundo, California
Healthcare & Pharmaceuticals
HealthTech
B2B
Medium
Low
MedVector, with a $10 million pre-money valuation, is raising crowdfunding on StartEngine. It is a telemedicine platform that aims to accelerate clinical trials. The platform will connect subjects from across the world to clinical trial sites and increase participation in clinical trials. Scott Stout and Dr. Dennis Patterson founded MedVector in 2017. The current crowdfunding round has a minimum target of $9,999.20 and a maximum target of $1,069,999.95, and the proceeds will be used for the launch of the platform. MedVector platform has access to seven hospitals consisting of hundreds of thousands of patients per year. The company has signed two LOIs and completed three case studies with Novartis.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-512,457 |
$-311,702 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$26,998 |
$148,600 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$253,690 |
$188,600 |
Short-Term Debt |
$208,552 |
$500,302 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$208,552 |
$500,302 |
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