Hera Health Solutions

Hera Health Solutions

Closed: Jul. 2019

About this raise

Hera Health Solutions, with a pre-money valuation of $4.2 million, is raising funds on MicroVentures. It is a leading pharmaceutical company focusing on subcutaneous and biodegradable drug delivery implants. The product is Hera Health Solutions’ proprietary technology and gets resorbed into the body after the drug or hormone of choice is released. Hera Health Solutions was founded by Idicula Mathew and Garrett Whitfield in 2017. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $107,000, and the proceeds will be used to pay the costs associated with the FDA and WHO approvals, research & development, regulatory development, and manufacturing. Hera Health Solutions has already received $100,000 in seed funding and has won a $10,000 prize at the Get Started Louisiana Pitch Night.

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Investment Overview

Invested this round: $107,000

Deal Terms

Total Commitments

Platform
Microventures
Start Date
06/24/2019
Close Date
07/30/2019
Min. Goal
$50,000
Max Goal
$107,000
Min. Investment

$100

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$4,200,000

Company & Team

Company

Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
Distribution Model
B2B
Margin
Capital Intensity
Location
Frisco, Texas
Company Website
Visit Website

Team

Employees
4

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/30/2019 Microventures $4,200,000 $107,000 Equity - Preferred Funded RegCF
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Add to portfolio
Hera Health Solutions on Microventures
Platform: Microventures
Security Type: Equity - Preferred
Valuation: $4,200,000
Price per Share: $5.00

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Warning: according to the close date for this deal, Hera Health Solutions may no longer be accepting investments.

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