Ontacad
Early Stage
Ontacad is looking to disrupt a $500 billion market through its Software as a Service (SaaS) product that converts scientific and medical software and equipment user guides to video-tutorials to assist clients saving time and money.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Netcapital
Start Date
12/31/2020
Close Date
03/01/2021
Min. Goal
$10,000
Max. Goal
$100,003
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.77
Pre-Money Valuation
$2,493,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/02/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Ontacad, with a post-money valuation of $2.59 million, is raising funds on NetCapital. The Software as a Service product of the company converts scientific and medical equipment user guides to video tutorials. The patent-pending technology helps the equipment providers in saving time, reducing customer acquisition costs, and boosting revenues. Medhat Ahmed and Hanady Elgamal founded Ontacad in June 2020. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $100,003, and the funds will be used towards sales and marketing, and general and administration expenses. Ontacad already has over 150 clients and five established strategic partnerships. The company plans to grow further and become a valuable healthcare technology startup.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 12/31/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.