itracHEALTH

itracHEALTH

Early Stage

eNURSE, the smart personal health assistant for at risk patients living at home.

eNURSE, the smart personal health assistant for at risk patients living at home.

Overview

Raised this Round: Raised: $99,150

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/19/2023

Close Date

01/05/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$14,000,000

Valuation Cap

$15,000,000

Discount

20%

Year Founded

2015

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Location

Miami, Florida

Business Type

Growth

itracHEALTH, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a smart personal health assistant for at-risk patients living at home. The personal health assistant, eNURSE, aims to revolutionize chronic care at home and change the lives of patients, medical professionals, and caregivers. itracHEALTH is based on patented technology and will be based on a subscription-based model with multiple revenue streams. Cesar Garcia founded itracHEALTH in October 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, FDA and regulatory expenses, marketing, manufacturing, procurement of more inventory, and product launch acceleration.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$10,912

$9,367

 

 

Net Income

$-497,756

$-305,724

Summary Balance Sheet

FY 2022 FY 2021

Cash

$67,964

$14,603

Accounts Receivable

$0

$0

Total Assets

$1,443,786

$1,164,950

Short-Term Debt

$260,485

$236,271

Long-Term Debt

$3,457,550

$2,844,799

Total Liabilities

$3,718,035

$3,081,070

Financials as of: 04/19/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
itracHEALTH on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

Follow company

Follow itracHEALTH on Wefunder 2023

Buy itracHEALTH's Deal Report

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

itracHEALTH Deal Report

Get KingsCrowd’s comprehensive report on itracHEALTH including:

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

Buy the itracHEALTH deal report for only $10!

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