Calibre Biometrics

Calibre Biometrics

[Closed for Investment] Calibre Biometrics, with a valuation of $22.75 million, is raising funds on StartEngine. The company has created a wearable device that collects breath measurement data and makes it available for fitness training, wellness, and other medical uses. The device, Calibre, is affordable and ultralight and combines respiratory science with breakthrough technology to empower users to take charge of their respiratory wellness and metabolism. Calibre Biometrics has undertaken development and beta testing and is already shipping products to customers. Udi Meirav founded Calibre Biometrics in February 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, operations, and working capital.

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Investment Overview

Raised this Round: Raised: $70,272

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
01/19/2023
Close Date
03/20/2023
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$22,750,000

Company & Team

Company

Year Founded
2022
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Wellesley Hills, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Udi Meirav
Title
CEO

Financials

as of Fiscal Year 2021
 Revenue
$0
 Monthly Burn
$146,106
 Runway
3 months

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,753,269

$-475,411

Summary Balance Sheet

FY 2021 FY 2020

Cash

$431,447

$19,054

Accounts Receivable

$0

$0

Total Assets

$439,915

$19,054

Short-Term Debt

$329,808

$91

Long-Term Debt

$450,000

$0

Total Liabilities

$779,808

$91

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$830,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/20/2023 StartEngine $22,750,000 $70,272 Equity - Common Funded RegCF
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Add to portfolio
Calibre Biometrics on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $22,750,000
Price per Share: $2.50

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