Eniware

Eniware

Early Stage

PROVIDING PORTABLE POWER-FREE, ROOM TEMPERATURE STERILIZATION FOR SURGICAL INSTRUMENTS

PROVIDING PORTABLE POWER-FREE, ROOM TEMPERATURE STERILIZATION FOR SURGICAL INSTRUMENTS

Overview

Platform

Title3Funds

Start Date

10/18/2018

Close Date

01/31/2019

Min. Goal
$200,000
Max. Goal
$1,000,070
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Year Founded

2011

Industry

Healthcare & Pharmaceuticals

Tech Sector

Hardwaretech

Location

Chevy Chase, Maryland

Eniware is raising funds on Title3Funds. The company has developed a portable and power-free sterilizer for sterilization of medical instruments at room temperature. Eniware’s sterilizer, EPS-25, does not use any electricity, heat, or water and is reliable, safe, affordable, and easy to use. The company developed its design specifications after extensive market research in East Africa and carried out the final engineering and prototyping in Baltimore with Harbor Designs and Engineering. James Bernstein and Huma Malik founded Eniware in December 2011. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1 million. The campaign proceeds will be used for product launch, market rollout, manufacturing ramp-up, and contingency.

Summary Profit and Loss Statement

FY 2017 FY 2016

Revenue

$0

$0

COGS

$0

$0

Tax

$300

$195

 

 

Net Income

$-484,337

$-1,546,752

Summary Balance Sheet

FY 2017 FY 2016

Cash

$48,477

$31,454

Accounts Receivable

$1,292

$1,292

Total Assets

$269,700

$130,383

Short-Term Debt

$1,157,405

$1,116,980

Long-Term Debt

$635,129

$66,310

Total Liabilities

$1,792,534

$1,183,290

Financials as of: 10/18/2018
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Eniware on Title3Funds 2018
Platform: Title3Funds
Security Type: Convertible Note

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