Avalon AI

Avalon AI

Early Stage

Cutting-edge AI and data analytics to improve healthcare outcomes

Cutting-edge AI and data analytics to improve healthcare outcomes

Overview

Raised this Round: Raised: $996

Total Commitments ($USD)

Platform

PicMii

Start Date

05/26/2024

Close Date

12/31/2024

Min. Goal
$9,996
Max. Goal
$4,999,992
Min. Investment

$492

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$12.00

Pre-Money Valuation

$32,072,748

Year Founded

2020

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Weston, Florida

Business Type

High Growth

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.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$220,400

$52,063

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$25,335

$117,464

Summary Balance Sheet

FY 2023 FY 2022

Cash

$12,206

$77

Accounts Receivable

$0

$0

Total Assets

$12,206

$77

Short-Term Debt

$0

$0

Long-Term Debt

$515,000

$515,000

Total Liabilities

$515,000

$515,000

Financials as of: 05/26/2024
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Avalon AI on PicMii 2024
Platform: PicMii
Security Type: Equity - Common
Valuation: $32,072,748
Price per Share: $12.00

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