Brightlamp

Early Stage

The Five-Second Neurological Vital

Overview

Raised to Date: Raised: $85,187

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/08/2022

Close Date

02/06/2023

Min. Goal

$15,000

Max. Goal

$1,234,998

Min. Investment

$244

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$2.37

Pre-Money Valuation

$15,483,999

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/03/2023

Days Remaining

3

% of Min. Goal

568%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$979

# of Investors

41

Momentum
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Location

Indianapolis, Indiana

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

Brightlamp, with a valuation of $15.48 million, is raising funds on StartEngine. The company has developed a neurological testing and clinical support tool for medical practitioners working with concussion patients. The tool, Reflex Pro, offers rapid neurological evaluation and does not require any hardware to obtain the neurological vital metrics. Reflex Pro is easy to implement and takes only five seconds for neurological vital testing. Kurtis Sluss founded Brightlamp in July 2018. The current crowdfunding campaign has a minimum target of $14,999.73 and a maximum target of $1.23 million. The campaign proceeds will be used for scaling the sales and staff and finalizing Class II clinical clearance.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$88,732

$31,630

COGS

$14,004

$10,803

Tax

$0

$0

 

 

Net Income

$-175,364

$-266,093

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$37,961

$59,795

Accounts Receivable

$0

$0

Total Assets

$37,966

$59,800

Short-Term Debt

$167,066

$88,536

Long-Term Debt

$827,500

$752,500

Total Liabilities

$994,566

$841,036

Financials as of: 11/08/2022
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Brightlamp on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,483,999

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