BrainScanology

BrainScanology

Early Stage

An objective diagnosis & risk score for common brain diseases delivered in 24hr

An objective diagnosis & risk score for common brain diseases delivered in 24hr

Overview

Raised to Date: Raised: $88,750

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/02/2022

Close Date

12/30/2022

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Venture Capital Investors:

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/31/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,009

# of Investors

68

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Logos provided by Clearbit
Year Founded

2020

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Cupertino, California

Business Type

Growth

Company Website

BrainScanology, with a valuation of $20 million, is raising funds on Wefunder. The company has developed the technology to study MRI scans of the brain to track the risk of developing bipolar disorder, ADHD, dementia, or Alzheimer’s disease. The technology uses the Linearised Compressed Polar Coordinates (LCPC) transform to track the risks. BrainScanology’s algorithm works on images from ultrasound/X-rays/CTs/MRIs and for every organ and multiple diseases in each organ. Harini Kumar and Dave Nguyen founded BrainScanology in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$7,235

$0

 

 

Net Income

$-508,409

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$372,595

$0

Accounts Receivable

$0

$0

Total Assets

$394,369

$0

Short-Term Debt

$59,037

$0

Long-Term Debt

$842,741

$0

Total Liabilities

$901,778

$0
Financials as of: 10/02/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
BrainScanology 12/29/2022 Wefunder $20,000,000 $88,750 SAFE Funded RegCF
BrainScanology 08/30/2021 Wefunder $20,000,000 $164,965 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
BrainScanology on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow BrainScanology on Wefunder 2022
View on Wefunder (Closed)
Deal Analytics
Company Ratings
Deal Considerations

Buy BrainScanology's Deal Report

Warning: according to the close date for this deal, BrainScanology may no longer be accepting investments.

BrainScanology Deal Report

Get KingsCrowd’s comprehensive report on BrainScanology including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether BrainScanology is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the BrainScanology deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge