Calviri

Calviri

[Closed for Investment] Calviri, with a valuation of $165.8 million, is raising funds on StartEngine. It is a pre-market biotech company that has built a vaccine to prevent cancer in dogs. Calviri has done several pre-clinical studies to create vaccines that prevent cancer from starting in the first place and has completed a 5-year trial in over 800 dogs. The company discovered neoantigens that are absent from healthy cells and shared among tumors of different dogs, and is seeking USDA approval for an improved vaccine to be launched in 2025. Stephen Albert Johnson and Kathryn F. Sykes founded Calviri in December 2015. The current crowdfunding campaign has a minimum target of $9,998.10 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, company employment, and operations.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
08/22/2024
Close Date
10/24/2024
Min. Goal
$9,998
Max. Goal
$1,234,999
Min. Investment

$499

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.22

Pre-Money Valuation

$165,816,666

Company & Team

Company

Year Founded
2015
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
Location
Phoenix, Arizona
Business Type
Growth
Company Website
Visit Website

Team

Employees
24
Prior Founder Exits?
No
Founder Name
Stephen Johnston
Title
Chief Executive Officer
Founder Name
Kathryn Sykes
Title
Vice President Research & Product Development

Funding data not publicly available

Financials

as of July 16, 2024
 Revenue
$21,661
 Monthly Burn
$400,000
 Runway
1.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$21,661

$44,550

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,540,651

$-5,530,006

Summary Balance Sheet

FY 2023 FY 2022

Cash

$349,758

$1,229,944

Accounts Receivable

$100,000

$0

Total Assets

$918,413

$1,783,470

Short-Term Debt

$294,581

$215,726

Long-Term Debt

$0

$0

Total Liabilities

$294,581

$215,726

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$24,000,000
Grants
$6,400,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/24/2024 StartEngine $165,816,666 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Calviri on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $165,816,666
Price per Share: $3.22

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Follow Calviri on StartEngine 2024

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Warning: according to the close date for this deal, Calviri may no longer be accepting investments.

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