eNavvi
About this raise
eNavvi, with a valuation of $7.5 million, is raising funds on Wefunder. The company has developed an ePrescribing platform for physicians specializing in cash price medications. eNavvi functions as a digital prescription pad and uses AI-driven technologies and its proprietary prescription network to address the issues in the prescription process. The business has partnered with Wolters Kluwer and expanded its partnership with Cost Plus Drug Company to access over 4,000 retail pharmacies. Reddy Pathakota founded eNavvi in March 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $76,555
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/16/2024
- Close Date
- 09/30/2024
$50,000
$124,000
$100
SAFE
Early Stage
RegCF
$6,750,000
$7,500,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$55,000
as of FY2023
-
Runway
-
2.3 months
as of
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $300,920
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/30/2024 | Wefunder | $7,500,000 | $76,555 | SAFE | Funded | RegCF |