Korion Health
About this raise
Korion Health, with a valuation of $15 million, is raising funds on Honeycomb. The company is developing the first guided, at-home electronic stethoscope. The stethoscope will bridge the gap between patients and healthcare providers and empower people to get their own heart and lung sound screenings from the comfort of their homes. Korion Health is partnering with local Pittsburgh organizations to create the stethoscope for consumer use and then pair it with a web app. The company has signed an LOI with a telemedicine company for 50,000 of its stethoscopes and has won first place in the John Hopkins Healthcare Innovation Challenge Digital Health Track. Anna Li founded Korion Health in June 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for hardware development, software development, legal fees, pilot testing, and FDA approval.
Investment Overview
Invested $150,900 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
07/07/2023 | Honeycomb | $15,000,000 | $150,900 | SAFE | Funded | RegCF |