General Genomics

General Genomics

Growth Stage

Curo46 - Understanding the complexity of your individual health

Curo46 - Understanding the complexity of your individual health

Overview

Raised to Date: Raised: $26,550

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/09/2021

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    Open SEC Filing

Valuation Cap

$50,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/29/2021

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

Location

Midland, Texas

Business Type

Growth

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: 03/09/2021
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General Genomics on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $50,000,000

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