SanMelix Laboratories

Helping You Heal with Honey

Analytics

Raised to Date: $1,070,247

Aggregate Commitments $
Platform

StartEngine

Start Date

06/20/2019

Close Date

04/14/2021

Min. Goal

$10,000

Max. Goal

$1,069,998

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$6,561,600

Rolling Commitments $
Status

Active

Reporting Date

04/11/2021

Days Remaining

0

% of Min. Goal

10,702%

% of Max. Goal

100%

Likelihood of Max
exceeded
Avg. Daily Raise

$1,619

# of Investors

1,711

Momentum
cold
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Location

Hollywood, Florida

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Business Type

Growth

SanMelix Laboratories, with a pre-money valuation of $6.56 million, is raising funds on StartEngine. The company is creating a wound dressing formulation by combining the natural healing properties of buckwheat honey and some bioactive enhancements. The patents for these wound-care products are pending. SanMelix Laboratories was founded by Kenneth A. Sabacinski and Diana Sabacinski in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used to complete the testing of the products and to prepare an inventory. The products of SanMelix are the first-ever honey-based formulations, and they are being tested currently by the US Air Force.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-290,979

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$78,623

$298,229

Accounts Receivable

$0

$0

Total Assets

$259,432

$437,088

Short-Term Debt

$0

$0

Long-Term Debt

$37,200

$37,200

Total Liabilities

$37,200

$37,200

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