Clear Protocol

Early Stage

Information Technology-AI powered tool

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Silicon Prairie Online

Start Date

11/30/2022

Close Date

12/15/2023

Min. Goal

$50,000

Max. Goal

$124,000

Min. Investment

$1,000

Security Type

Convertible Note

Series

Pre-Seed

Funding Type

RegCF

Valuation Cap

$4,000,000

Discount Rate

30%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/01/2023

Days Remaining

317

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Encino, California

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

Growth

Clear Protocol, with a valuation of $4 million, is raising funds on Silicon Prairie Online. The company has developed a patented software system that is voice-operated and uses electronic wearables. The tool can be used by doctors to select a procedure and validate it in real time. Clear Protocol plans to appeal directly to physicians by saving their data entry time and potential malpractice liability. The system is already in use in 90% of the hospitals and is embedded in EMR systems like Allscripts, Epic, Cerner, and MEDITECH. Ernest Kestone founded Clear Protocol in 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used to complete the hospital pilot study, continue software development, and produce product test units.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$825

$622

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5

$85

Accounts Receivable

$0

$0

Total Assets

$9,658

$8,119

Short-Term Debt

$0

$1,666

Long-Term Debt

$36,168

$13,496

Total Liabilities

$36,168

$15,162

Financials as of: 11/30/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Clear Protocol 12/15/2023 Silicon Prairie Online $4,000,000 $0 Convertible Note Active RegCF
Clear Protocol 05/20/2022 Silicon Prairie Online $4,000,000 $6,500 Convertible Note Not Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Clear Protocol on Silicon Prairie Online 2022
$
Platform: Silicon Prairie Online
Security Type: Convertible Note
Valuation: $4,000,000
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Clear Protocol on Silicon Prairie Online 2022
View on Silicon Prairie Online