Brightlamp
About this raise
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.
Investment Overview
Invested : $95,335
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 11/08/2022
- Close Date
- 02/06/2023
$15,000
$1,234,998
$244
Equity - Common
Early Stage
RegCF
$2.37
$15,483,999
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $88,732
- Monthly Burn
- $14,614
-
Runway
- 2.6 months
- Gross Margin
- 84%
Upgrade to gain access
-
$12.50 /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
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $902,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/06/2023 | StartEngine | $15,483,999 | $95,335 | Equity - Common | Funded | RegCF |