BrainScanology

Early Stage

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

Analytics

Raised to Date: Raised: $164,965

Aggregate Commitments $

Platform

Wefunder

Start Date

12/18/2020

Close Date

08/31/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$20,000,000

Discount Rate

30%

Rolling Commitments $

Status
Funded
Reporting Date

09/05/2021

Days Remaining
Funded
% of Min. Goal

330%

% of Max. Goal

15%

Likelihood of Max
Funded
Avg. Daily Raise

$644

# of Investors

184

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

Cupertino, California

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

BrainScanology, with a $20 million valuation cap, is raising crowdfunding 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. Harini Kumar and Dave Nguyen founded BrainScanology in August 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $107,000, will be used for marketing, legal and patent fees, and salaries. BrainScanology’s technology is expected to help detect diseases early and save many lives. The LCPC algorithm is a game-changer in MRI analysis.

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: 12/18/2020
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
BrainScanology on Wefunder
$
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow BrainScanology on Wefunder
View on Wefunder (Closed)
Bullish / Bearish
You're Bullish on BrainScanology on Wefunder

Thank you for your vote on BrainScanology on Wefunder

Bullish / Bearish
You're Bearish on BrainScanology on Wefunder

Thank you for your vote on BrainScanology on Wefunder