JuneBrain
About this raise
JuneBrain, with a valuation of $8 million, is raising funds on Republic. The company is empowering eye care and neurology communities with its remote disease monitoring solutions. JuneBrain is making advancements in retinal imaging with its automated, high-performance, and intelligent system used for imaging and analysis of retina structure and microvasculature. The company has been awarded $1.5 million in grants from the National Science Foundation and generated revenue of $704,000 in 2022. Samantha Scott founded JuneBrain in July 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for launching the hardware and software, developing strategic partnerships, and marketing.
Investment Overview
Invested : $77,980
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 12/30/2022
- Close Date
- 03/04/2023
$25,000
$1,235,000
$100
SAFE
Seed
RegCF
$8,000,000
15%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $585,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/04/2023 | Republic | $8,000,000 | $77,980 | SAFE | Funded | RegCF |
Founder Interview
JuneBrain Founder Samantha Scott on Retinal Imaging
At 78.9 years, the average American’s life expectancy is way higher now than it was a century ago -- 53.6 for men and 54.6 for women. It’s exciting that we can all make plans to enjoy life for at least a couple extra decades. Getting older isn’t all fun and games, though -- it also means more time to develop a health condition, like a neurological or retinal disease.JuneBrain knows how important it is to keep track of each individual’s health, and the company wants to make that easier to do. That’s why it developed a device called Neuro-i and a platform to help monitor patients’ neurological and retinal health in and out of the clinic. We reached out to founder and CEO Samantha Scott to hear about her own experience with a neurological condition and JuneBrain’s end goal.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.