Hera Health Solutions
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.
Investment Overview
Invested : $107,000
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 06/24/2019
- Close Date
- 07/30/2019
$50,000
$107,000
$100
Equity - Preferred
Early Stage
RegCF
$5.00
$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
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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 |