Automed
Early Stage
Automed system that calculates, administers, and records livestock medication treatments.
Overview
$100,700 - RegCF
$370,700 - Total
$370,700 - Total
Total Commitments ($USD)
Platform
SeedInvest
Start Date
03/01/2019
Close Date
04/15/2019
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$1,000
Security Type
Convertible Note
SEC Filing Type
RegCF
/ RegD 506(c)
Valuation Cap
$7,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2019
Days Remaining
Funded
% of Min. Goal
403%
% of Max. Goal
9%
Likelihood of Max
Funded
Avg. Daily Raise
$2,238
Momentum
Funded
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Year Founded
2016
Industry
Farming & Agriculture
Tech Sector
Location
Huxley, Iowa
automed, with a valuation cap of $7 million, is raising seed capital on SeedInvest. The company is offering a single system for managing livestock medication automatically. The system integrates easily with the farm management tools, and helps the users to calculate, deliver, and record livestock treatments. automed was founded by David and Samira Edwards in 2012. The current crowdfunding round has a total round size of $1.3 million. automed looks like a good investment as it already has more than 175 registered enterprises and has generated sales of $700,000 to date.
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