Isosceles Pharmaceuticals

Isosceles Pharmaceuticals

[Closed for Investment] Isosceles Pharmaceuticals, with a valuation of $30.8 million, is raising funds on Equifund CFP. It is a pharmaceutical company currently developing intravenous formulations of synthetic Cannabidiol as non-addictive alternatives to opium-based painkillers. The CBD formulations will be used for acute post-operative pain and will address the surgical population in the US, Europe, and the UK. Isosceles Pharmaceuticals is currently in the pre-clinical trials stage. Brett Lanier founded Isosceles Pharmaceuticals in April 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $5 million. The campaign proceeds will be used to fund pre-clinical animal trials and IND filings for a new intravenous drug delivery system.

Expand

Investment Overview

Raised this Round: Raised: $5,000,000

Deal Terms

Total Commitments ($USD)

Platform
Equifund
Start Date
10/04/2022
Close Date
04/30/2023
Min. Goal
$20,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.05

Pre-Money Valuation

$30,800,000

Company & Team

Company

Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
Medtech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Wilmington, North Carolina
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Brett Lanier
Title
President

Financials

 Revenue
$0
 Cash on Hand
$212,834

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$879,786

$891,911

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$212,834

$198,240

Accounts Receivable

$0

$0

Total Assets

$212,834

$198,240

Short-Term Debt

$0

$0

Long-Term Debt

$120,000

$0

Total Liabilities

$120,000

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$750,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2023 Equifund $30,800,000 $5,000,000 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Isosceles Pharmaceuticals on Equifund CFP 2022
Platform: Equifund
Security Type: Equity - Common
Valuation: $30,800,000
Price per Share: $2.05

Follow company

Follow Isosceles Pharmaceuticals on Equifund CFP 2022

Buy Isosceles Pharmaceuticals's Deal Report

Warning: according to the close date for this deal, Isosceles Pharmaceuticals may no longer be accepting investments.

Isosceles Pharmaceuticals Deal Report

Get Kingscrowd's comprehensive report on Isosceles Pharmaceuticals including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Isosceles Pharmaceuticals is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Isosceles Pharmaceuticals deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge