CovInnovations

Early Stage

The new standard of COVID-19 solutions.

Overview

Raised to Date: Raised: $3,784

Total Commitments ($USD)

Platform

StartEngine

Start Date

12/19/2022

Close Date

02/15/2023

Min. Goal

$15,000

Max. Goal

$1,234,986

Min. Investment

$244

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$7.40

Pre-Money Valuation

$49,980,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

13

% of Min. Goal

25%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$84

# of Investors

6

Momentum
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Location

Las Vegas, Nevada

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

CovInnovations, with a valuation of $10.01 million, is raising funds on Startengine. They are focused on discovering and developing groundbreaking technologies that assess, diagnose, and treat COVID-19. CovInnovations has developed a potential cure for hospitalized patients with severe COVID-19 in need of oxygen supplementation. The Company is in the pre-revenue stage of development. Dr. Aury Nagy, M.D. FAANS founded CovInnovations in May 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1,234,998.96. The campaign proceeds will be used for research and development and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-831,753

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,127

$0

Accounts Receivable

$72,348

$0

Total Assets

$74,476

$0

Short-Term Debt

$296,233

$0

Long-Term Debt

$609,996

$0

Total Liabilities

$906,229

$0

Financials as of: 12/19/2022
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CovInnovations on StartEngine 2022
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $49,980,000

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