CAREMINDr

CAREMINDr

Closed: Sep. 2022

About this raise

CAREMINDr, with a valuation of $35.1 million, is raising funds on StartEngine. The business offers remote patient care and enables patients with ongoing care needs to connect with their doctors regularly. The users can use CAREMINDr technology to make convenient Digital House Calls to their doctors using just their cellphones and receive care. CAREMINDr is led by an experienced team and has 30 Federal Qualified Health Centers as clients. Harry Soza founded CAREMINDr in September 2017. The current crowdfunding campaign has a minimum target of $9,998.88 and a maximum target of $999,999. The campaign proceeds will be used to expand sales and customer support.

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Investment Overview

Invested this round: $392,907

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
06/01/2022
Close Date
09/29/2022
Min. Goal
$9,999
Max Goal
$999,999
Min. Investment

$299

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.48

Pre-Money Valuation

$35,083,400

Company & Team

Company

Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Los Gatos, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Daniel White
Title
Chief Financial Officer

Financials

 Revenue
$64,413
 Monthly Burn
$67,297
 Runway
0.9 months
 Gross Margin
93%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$64,413

$1,365

COGS

$4,432

$33,302

Tax

$800

$919

 

 

Net Income

$-807,561

$-1,372,552

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$61,857

$161,061

Accounts Receivable

$18,004

$144

Total Assets

$79,861

$161,205

Short-Term Debt

$187,132

$12,780

Long-Term Debt

$3,598,167

$3,055,500

Total Liabilities

$3,785,299

$3,068,280

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$100,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/29/2022 StartEngine $35,083,400 $392,907 Equity - Common Funded RegCF
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Add to portfolio
CAREMINDr on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $35,083,400
Price per Share: $1.48

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Follow CAREMINDr on StartEngine 2022

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

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