Balto Rx

Early Stage

Breaking barriers to medications access

Analytics

Raised to Date: Raised: $22,000

Aggregate Commitments $

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

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$1,000,000

Discount Rate

18%

Rolling Commitments $

Status

Active

Reporting Date

11/26/2022

Days Remaining

141

% of Min. Goal

88%

% of Max. Goal

4%

Likelihood of Max
unlikely
Avg. Daily Raise

$579

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Palmdale, California

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Balto Rx on Silicon Prairie Online 2022
$
Platform: Silicon Prairie Online
Security Type: SAFE
Valuation: $1,000,000

Follow company

Follow Balto Rx on Silicon Prairie Online 2022
View on Silicon Prairie Online
Bullish / Bearish
You're Bullish on Balto Rx on Silicon Prairie Online 2022

Thank you for your vote on Balto Rx on Silicon Prairie Online 2022

Bullish / Bearish
You're Bearish on Balto Rx on Silicon Prairie Online 2022

Thank you for your vote on Balto Rx on Silicon Prairie Online 2022