General Genomics
Early Stage
Curo46 - Understanding the complexity of your individual health
Overview
Raised: $26,550
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/10/2021
Close Date
06/02/2021
Min. Goal
$20,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$50,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$316
# of Investors
17
Momentum
Funded
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Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
General Genomics, with a valuation cap of $50 million, is raising crowdfunding on Wefunder. The company has developed a health platform, Curo46, to understand the complexities of individual health. The platform uses AI and other algorithms to collect medical data, medical history, genetic markers, and other information. The data is then used for risk evaluations, medical diagnosis, and treatments. AJ Rosenthal founded General Genomics in April 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used for marketing and customer acquisition, hiring employees, paying rent, electricity, and other expenses, and research and development. General Genomics’ technology will revolutionize the understanding of individual health risks, especially during the ongoing coronavirus pandemic.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$219,313 |
$0 |
|
COGS |
$23,565 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-526,180 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$158,806 |
$0 |
|
Accounts Receivable |
$236,696 |
$0 |
|
Total Assets |
$487,534 |
$0 |
|
Short-Term Debt |
$17,382 |
$0 |
|
Long-Term Debt |
$65,829 |
$0 |
|
Total Liabilities |
$83,211 |
$0 |
Financials as of: 03/10/2021
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