Monogram Orthopaedics
Future of Joint Reconstruction
Analytics
Raised to Date: $867,982
Aggregate Commitments $
StartEngine
11/16/2020
03/31/2021
$100
$30,000,000
$251
Equity - Preferred
RegA+
Weekly Commitments $
Active
11/30/2020
119
867,982%
3%
$61,999
Healthcare & Pharmaceuticals
Monogram Orthopaedics, a medical technology company, is raising funds on StartEngine through Reg A+ crowdfunding. The company is developing a product solution architecture to allow personalization of orthopedic implants. Monogram Orthopaedics is using 3D printing and robotics through automated digital image analysis algorithms. Dr. Douglas Unis founded Monogram Orthopaedics in 2016. The proceeds of the current round of funding, with no minimum target and a maximum target of $30,000,000, will be used to fund the development and pre-market submission of the Monogram total knee and robotic system. Monogram Orthopaedics has established a product-market fit and expects to start generating revenue by 2021.
Balance Sheet
|
Cash and Cash Equivalents |
$2,319,393 |
|
Investment Securities |
$0 |
|
Total Investments |
$0 |
|
Accounts and Notes Receivable |
$0 |
|
Loans |
$0 |
|
Property, Plant and Equipment (PP&E) |
$235,748 |
|
Property and Equipment |
$0 |
| Total Assets |
$2,620,141 |
|
Accounts Payable & Accrued Liabilities |
$541,529 |
|
Policy Liabilities and Accruals |
$0 |
|
Deposits |
$0 |
|
Long Term Debt |
$48,000 |
|
Total Liabilities |
$2,894,773 |
|
Total Stockholders' Equity |
$-274,632 |
| Total Liabilities and Equity |
$2,620,141 |
Statement of Comprehensive Income Information
|
Total Revenues |
$0 |
|
Total Interest Income |
$0 |
|
Costs & Expenses Applicable to Rev |
$0 |
|
Total Interest Expenses |
$0 |
|
Depreciation and Amortization |
$31,763 |
| Net Income |
$-1,796,265 |
|
Earnings Per Share - Basic |
$-1 |
|
Earnings Per Share - Diluted |
$-1 |
Summary of Crowdfunding Raises
| Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/31/2021 | StartEngine | $0 | $867,982 | Equity - Preferred | Active | RegA+ |
| 03/31/2020 | SeedInvest | $21,250,000 | $14,588,668 | Equity - Preferred | Confirmed Closed | RegA+ |
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