Future Cardia

Early Stage

Tiny implantable cardiac device using telemedicine and AI

Analytics

Raised to Date: Raised: $486,924

Aggregate Commitments $

Platform

StartEngine

Start Date

12/22/2021

Close Date

06/21/2022

Min. Goal

$250

Max. Goal

$8,000,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegA+

Series

Seed

Pre-Money Valuation

$20,000,000

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

153

% of Min. Goal

194,770%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$17,390

Momentum
cold.svg
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Location

Safety Harbor, Florida

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Future Cardia, with a valuation of $20 million, is raising funds on StartEngine through Reg A+ crowdfunding. It is a medical technology startup manufacturing a heart failure cardiac monitor. The monitor is a small device that uses remote monitoring technology and artificial intelligence to gather comprehensive cardiac data. Future Cardia is one of the companies selected by Johnson & Johnson Innovation to join its global network to create life-saving wellness solutions. Jae Bang founded Future Cardia in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $8,000,000. The campaign proceeds will be used for research and development, FDA submissions, patent protection, product testing, and working capital.

Balance Sheet

Cash and Cash Equivalents

$291,682

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$34,156

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$325,838

Accounts Payable & Accrued Liabilities

$4,590

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$505,404

Total Liabilities

$509,994

Total Stockholders' Equity

$-184,156

Total Liabilities and Equity

$325,838

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-370,847

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: Jason M. Tyra, CPA, PLLC
Financials as of: 12/22/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Future Cardia 06/21/2022 StartEngine $20,000,000 $486,924 Equity - Common Active RegA+
Oracle Health 08/28/2021 Republic $20,000,000 $3,336,866 Equity - Common Funded RegA+
Oracle Health 03/23/2020 Microventures $5,000,000 $275,104 SAFE Funded RegCF
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Future Cardia on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,000,000
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