Kleiner Device Labs

Early Stage

Patented devices that allow spine surgery to be less painful, less expensive, and provide better outcomes

Analytics

Raised to Date: Raised: $584,451

Aggregate Commitments $

Platform

Equifund CFP

Start Date

05/17/2021

Close Date

04/20/2022

Min. Goal

$24,997

Max. Goal

$1,069,999

Min. Investment

$438

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$28,500,000

Rolling Commitments $

Status

Active

Reporting Date

09/26/2021

Days Remaining

206

% of Min. Goal

2,338%

% of Max. Goal

55%

Likelihood of Max
extremely
Avg. Daily Raise

$4,428

Momentum
hot
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Incline Village, Nevada

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Kleiner Device Labs, with a valuation of $28.5 million, is raising crowdfunding on Equifund CFP. The company is developing and patenting a revolutionary way of doing spinal surgeries with its KG1 bone graft delivery tool. The KG tool of Kleiner Device Labs increases the successful spinal fusion rate to 92% compared to 75% through other techniques. Dr. Jeffrey Kleiner founded Kleiner Device Labs in 2013. The proceeds of the current crowdfunding round, with a minimum raise of $24,997 and a maximum raise of $1,069,999, will be used for the launch of new products and marketing. Kleiner Device Labs’ KG device transforms the complex spinal surgery process into a simple one-step process. It also decreases blood loss, reduces the chances of infection, and shortens anesthesia time.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$43,333

$29,812

COGS

$8,454

$6,348

Tax

$0

$0

 

 

Net Income

$-1,570,970

$-784,549

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$140,141

$173,413

Accounts Receivable

$6,920

$9,531

Total Assets

$585,816

$282,262

Short-Term Debt

$694,592

$863,509

Long-Term Debt

$6,724

$12,666

Total Liabilities

$701,316

$876,175

Financials as of: 05/17/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings

Analyst Report

Other Deals

SelfDecode on Wefunder 2021

The company has developed an AI-based platform that analyses DNA, labs, and the environment to provide personalized health recommendations. The…

Valuation: $34,948,219
Min Investment: $100
Industry: Healthcare & Pharmaceuticals
Raised $1,011,129 of $1,069,999 max
RegCF

Covira Surgical on StartEngine 2021

The biotech company is focused on novel therapeutic alternatives to reduce post-surgical infections. The procedures of Covira Surgical leverage the…

Valuation: $9,987,500
Min Investment: $250
Industry: Healthcare & Pharmaceuticals
Raised $191,886 of $1,070,000 max
RegCF

Fluo Labs on StartEngine 2021

The medical device of Fluo Labs uses light therapy to relieve patients of their allergy symptoms without the use of…

Valuation: $12,000,000
Min Investment: $250
Industry: Healthcare & Pharmaceuticals
Raised $82,123 of $3,800,000 max
RegCF

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Kleiner Device Labs on Equifund CFP

Follow company

Follow Kleiner Device Labs on Equifund CFP