Engineurix

Engineurix

Closed: Apr. 2022

About this raise

Engineurix, with a $5,000,000 valuation, is raising funds on Netcapital. The company’s product, Intellihat® is a mass-market, consumer health device, in the form of a wearable hat, designed to slow the effects of cognitive decline due to natural aging. Intellihat was founded by two pioneers in the field of neuromodulation, Jeffrey E. Arle, MD, PhD and Jay L. Shils, PhD. They’ve authored over 150 research papers and are the editors of, as well as contributing authors to the leading texts. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $2,000,000. The campaign proceeds will be used for research and development, manufacturing, engineering, design materials and increased hiring.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
12/15/2021
Close Date
04/29/2022
Min. Goal
$10,000
Max Goal
$2,000,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.50

Pre-Money Valuation

$5,000,000

Company & Team

Company

Year Founded
2021
Industry
Fitness & Wellness
Tech Sector
Medtech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Boston, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Jeffrey E. Arle
Title
CEO
Founder Name
Jay L. Shils
Title
CSO

Funding data not publicly available

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$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

$0

$0

Total Liabilities

$0

$0

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Ratings Kingscrowd Startup Rating Methodology Article

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2022 Netcapital $5,000,000 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Engineurix on Netcapital 2021
Platform: Netcapital
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $0.50

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Follow Engineurix on Netcapital 2021

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

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