DNALabs Canada
About this raise
DNALabs Canada is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company is focused on developing safe and useful genetic testing products across Canada and the US. The innovative, useful, and affordable DNA testing products of DNALabs Canada are well-established and available through hospitals, medical clinics, pharmacies, and an online shop. DNALabs Canada has delivered over 6,000 tests to date with 99.97% accuracy and received more than 100,000 recommendations. Moni Lustig founded DNALabs Canada in 2016. The current crowdfunding campaign has a maximum target of $9.99 million. The campaign proceeds will be used for marketing, development of the Health Locker app, R&D on new projects, hiring, and working capital.
Investment Overview
Invested $99,693 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +108% YoY
- $441,716
- Monthly Burn
- $14,087
-
Runway
- 24+ months
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/28/2023 | Dalmore Group | $76,941,684 | $99,693 | Equity - Common | Funded | RegA+ |