Balto Rx
Early Stage
Breaking barriers to medications access
Overview
Raised: $27,000
Total Commitments ($USD)
Platform
Silicon Prairie Online
Start Date
10/19/2022
Close Date
04/16/2023
Min. Goal
$25,000
Max. Goal
$628,000
Min. Investment
$1,000
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$1,000,000
Discount
18%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
20
% of Min. Goal
108%
% of Max. Goal
4%
Likelihood of Max
Avg. Daily Raise
$170
# of Investors
3
Momentum
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Year Founded
2022
Industry
Logistics, Delivery, & Supply Chain
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Balto Rx is raising funds on Silicon Prairie Online. The company is revolutionizing medication delivery services through its digital platform. The Balto Intelligent Platform provides user-friendly tools to help hospitals, pharmacies, clinics, and patients get their prescriptions home-delivered within hours. The platform also provides pharmacist-patient video consultations in real-time. Balto Rx has partnered with over 50 hospitals and pharmacies and delivered over 30,000 medications. Hemant Shah founded Balto Rx in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $628,000. The campaign proceeds will be used for marketing, recruiting, operating expenses, licenses and legal framework, and ongoing engineering fees.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/19/2022
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