Monogram Orthopaedics

Deal To Watch
BETA

Linking 3D printing, machine learning, and robotics for high precision implants.

Analytics

Raised to Date: $14,588,668

Aggregate Commitments $
Platform

SeedInvest

Start Date

03/13/2019

Close Date

03/31/2020

Min. Goal

$2,750,000

Max. Goal

$20,000,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegA+

Valuation

$21,250,000

Weekly Commitments $
Status
Funded
Reporting Date

03/31/2020

Days Remaining
Funded
% of Min. Goal

530%

% of Max. Goal

73%

Likelihood of Max
Funded
Avg. Daily Raise

$37,991

Momentum
Funded
Location
Industry

Healthcare & Pharmaceuticals

Tech Sector

Monogram Orthopaedics, with a pre-money valuation of $21.25 million, is raising funds on SeedInvest through Reg A+ crowdfunding. The company has used artificial intelligence, 3D printing, and robotics to create high-precision implants. The novel approach of Monogram Orthopaedics finds excellent use in joint reconstruction and joint replacement surgeries. Monogram Orthopaedics was founded by Dr. Douglas Unis in 2016 and has raised over $1.6 million in previous rounds of financing. The current round of funding has a minimum raise of $2,750,000 and a maximum raise of $20,000,000, and the proceeds will be used for optical tracking integration, intellectual property filings, implant mechanical testing, and general expenses. The products of Monogram Orthopaedics have demonstrated a seven times improvement in initial stability and 72% less micromotion against the current standard.

Balance Sheet

Cash and Cash Equivalents

$922,108

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$1,184,254

Accounts Payable & Accrued Liabilities

$423,280

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$223,000

Total Liabilities

$2,575,280

Total Stockholders' Equity

$-1,391,026

Total Liabilities and Equity

$1,184,254

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

$30,957

Net Income

$-712,268

Earnings Per Share - Basic

$-7

Earnings Per Share - Diluted

$-7

Auditor: Fruci and Associates II, PLLC
Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
06/30/2021 StartEngine $75,000,000 $1,079,202 Equity - Preferred Active RegA+
03/31/2021 StartEngine $0 $2,965,501 Equity - Preferred Active Test the Waters
03/31/2020 SeedInvest $21,250,000 $14,588,668 Equity - Preferred Confirmed Closed RegA+

Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Millennial Fertility Co. on NetCapital

The Millennial Fertility Co. team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is…

Crowd
Biopact on Equifund CFP

Biopact has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Neurotez Inc. on NetCapital

Neurotez has been selected as a “Deal To Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Monogram Orthopaedics on Wefunder
Follow company
Follow Monogram Orthopaedics on Wefunder