Correlate Health

Correlate Health

Closed: Feb. 2022

About this raise: Correlate Health, with a post-money valuation of $2.73 million, is raising funds on NetCapital. It is a digital health company focused on the development, acquisition, and investment of healthcare use applications, web services, and data transformation tools. Nailah Malak, Charon Collier, and Anthony T. Farrar founded Correlate Health in January 2019. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $250,000. The raise proceeds will be used towards accounting, payroll, tech product development, business development, marketing and sales, and legal and admin expenses. Correlate Health has filed trademarks and established strategic partnerships that will give the company access to over 10,000 healthcare companies and 280,000,000 patients.

Expand

Investment Overview

Invested this round: $29,897

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
04/02/2021
Close Date
02/14/2022
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.71

Pre-Money Valuation

$2,485,000

Company & Team

Company

Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Peachtree City, Georgia
Business Type
High Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Nailah Malak
Title
CEO, CTO
Founder Name
Charon Collier
Title
COO
Founder Name
Tony Farrar
Title
CFO

Financials

 Revenue
$0
 Monthly Burn
$7,356
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-88,273

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$81,000

$0

Total Liabilities

$81,000

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$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
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/14/2022 Netcapital $2,485,000 $29,897 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Correlate Health on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,485,000
Price per Share: $0.71

Follow company

Follow Correlate Health on NetCapital

Buy Correlate Health's Deal Report

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

Correlate Health Deal Report

Get Kingscrowd's comprehensive report on Correlate Health including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Correlate Health is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Correlate Health deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge