Statum Systems

Secure Medical Communications

Analytics

Raised to Date: $236,877

Aggregate Commitments $
Platform

StartEngine

Start Date

09/17/2020

Close Date

12/16/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$5,000,000

Rolling Commitments $
Status
Funded
Reporting Date

12/31/2020

Days Remaining
Funded
% of Min. Goal

2,369%

% of Max. Goal

22%

Likelihood of Max
Funded
Avg. Daily Raise

$2,632

# of Investors

277

Momentum
Funded
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Location

Natick, Massachusetts

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

Statum Systems, with a pre-money valuation of $5 million, is raising funds on StartEngine. The company is using a patent-pending solution for fragmented and unreliable communication among medical teams. The platform, StatumHEALTH, unifies cellular, WiFi, and paging with the core medical center systems for more effective and efficient communication among caregivers. Fred Lizza, Ara Nazarian, Stephen Okajima, and Arman Serebrakian founded Statum Systems in 2018. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000, and the funds will be used to complete beta tests and launch the platform by the end of 2020. Statum Systems is catering to the worldwide demand for smart communications and superior care.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-795,659

$-22,941

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$74,984

$43,605

Accounts Receivable

$0

$0

Total Assets

$85,082

$43,605

Short-Term Debt

$130,458

$6,346

Long-Term Debt

$765,005

$60,000

Total Liabilities

$895,463

$66,346

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