About this raise
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.
Investment Overview
Invested : $88,750
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/03/2022
- Close Date
- 12/30/2022
$50,000
$1,070,000
$100
SAFE
Seed
RegCF
$20,000,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $865,000
- VC Backed?
- Yes