Avalon AI
About this raise
Avalon AI, with a valuation of $32.1 million, is raising funds on PicMii. The company uses AI and data analytics to improve healthcare outcomes for employees of self-insured companies. Avalon AI is focused on revolutionizing healthcare by bringing top-tier healthcare providers to the patients and reducing overall healthcare costs. The company has an expanding client list and has trusted partnerships with esteemed institutions like Johns Hopkins and Columbia. Christopher Malter founded Avalon AI in March 2020. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $4.9 million. The campaign proceeds will be used for technology, scale management, marketing, and business development.
Investment Overview
Invested : $10,080
Deal Terms
Total Commitments
- Platform
- PicMii
- Start Date
- 05/27/2024
- Close Date
- 10/22/2024
$9,996
$4,999,992
$492
Equity - Common
Seed
RegCF
$12.00
$32,072,748
Company & Team
Company
- Year Founded
- 2020
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +323% YoY
- $220,400
- Monthly Burn
- Profitable
- Cash on Hand
- $12,206
Upgrade to gain access
-
$12.50 /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
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,515,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/22/2024 | PicMii | $32,072,748 | $10,080 | Equity - Common | Funded | RegCF |