EO2 Concepts
About this raise: EO2 Concepts, with a valuation of $78.44 million, is raising funds on StartEngine. The company has developed advanced oxygen-enhanced technology for wound healing and skin support. The company’s flagship product, OxyGeni, is a wearable device that uses patented technology to close wounds, support soft tissue and skin restoration, shorten recovery time, reduce pain, and minimize scar formation. The technology of EO2 Concepts has been substantiated by multiple studies and has received positive social media responses. Mark Q. Niederauer founded EO2 Concepts in May 2007. The current crowdfunding campaign has a minimum target of $14,998.47 and a maximum target of $1.23 million. The campaign proceeds will be used to expand into new markets, including aesthetic and reconstructive surgery.
Investment Overview
Invested $836,446 :
Deal Terms
Company & Team
Company
- Year Founded
- 2007
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +47% YoY
- $2,130,220
- Monthly Burn
- $228,197
-
Runway
- 2.7 months
- Gross Margin
- 70%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $7,300,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
08/29/2023 | StartEngine | $78,442,740 | $836,446 | Equity - Preferred | Funded | RegCF |