Eyes 4 Lives

[Closed for Investment] Eyes 4 Lives, with a post-money valuation of $11.28 million, is raising funds on NetCapital. The company has developed a unique artificial intelligence-powered software solution to minimize or prevent vision-related problems related to the use of phones and computers. The software solution monitors the usage of digital devices by individuals and coaches them to better eye health. Roger L. Wu founded Eyes 4 Lives in 2010. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $1,000,000, will be used for software development, patent expansion, efficacy study, and compensation for managers. Eyes 4 Lives has 12 patents issued in the US, Taiwan, and China. The solution is particularly helpful during COVID-19, when everyone is highly exposed to digital devices.

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Investment Overview

Raised this Round: Raised: $17,719

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
03/08/2021
Close Date
04/30/2021
Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.10

Pre-Money Valuation

$10,287,000

Company & Team

Company

Year Founded
2010
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
West Covina, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
Yes
Founder Name
Roger Wu
Title
CEO
Founder Name
Jan Biermeyer
Title
CTO

Financials

 Revenue
$0
 Monthly Burn
$12,869
 Runway
0.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-154,428

$-403,715

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$7,273

$9,255

Accounts Receivable

$0

$0

Total Assets

$344,129

$428,122

Short-Term Debt

$6,871

$6,836

Long-Term Debt

$568,970

$598,570

Total Liabilities

$575,841

$605,406

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2021 Netcapital $10,287,000 $17,719 Equity - Common Funded RegCF
03/07/2021 Netcapital $11,287,000 $0 Equity - Common Funded Test the Waters
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Eyes 4 Lives on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,287,000
Price per Share: $0.10

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Warning: according to the close date for this deal, Eyes 4 Lives may no longer be accepting investments.

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