eMD Health Centers
About this raise: eMD Health Centers, with a pre-money valuation of $8 million, is raising crowdfunding on Wefunder. The telehealth company connects people in rural America with remote urban specialty physicians. The HIPAA-compliant eMD clinics employ trained onsite medical assistants and feature digital stethoscopes, digital otoscopes, and integrated software. Mohamed Haq and Ejaz Haq founded eMD Health Centers in 2014. The proceeds of the current crowdfunding round, with a minimum target of $322,500 and a maximum target of $1,070,000, will be used to set up operations of two eMD clinics for twelve months, fund salaries of five additional employees, and pay for two clinic rentals. eMD Health Centers is working well during the new normal after significant changes in the medical landscape due to COVID-19.
Investment Overview
Invested : $818,315
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 05/04/2021
- Close Date
- 01/29/2022
$103,831
$1,070,000
$250
Equity - Preferred
Pre-Seed
RegCF
$1.00
$7,280,000
$8,000,000
Company & Team
Company
- Year Founded
- 2014
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Upgrade to gain access
-
$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
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/29/2022 | Wefunder | $8,000,000 | $818,315 | Equity - Preferred | Funded | RegCF |