Kurve Therapeutics

Kurve Therapeutics

Closed: Sep. 2023

About this raise

Kurve Therapeutics is raising funds through Reg A+ crowdfunding with Rialto Markets as the Broker-Dealer. The company has developed its patented Controlled Particle Dispersion (CPD) intranasal drug delivery technology. The technology creates a focused flow through the curved pathways of the nasal cavity and allows access to the olfactory region to treat neurogenerative diseases. Kurve Therapeutics’ technology has been featured in multiple publications and has completed Phase II studies on Alzheimer’s patients. Marc Giroux, Tom McDowell, and Glenn Cornett founded Kurve Therapeutics in 2019. The current crowdfunding campaign has a maximum target of $50,000,000. The campaign proceeds will be used for asset purchase, marketing, clinical studies, contract manufacturing, and working capital.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Rialto Markets
Start Date
08/03/2022
Close Date
09/29/2023
Min. Goal
$580
Max Goal
$50,000,000
Min. Investment

$580

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$5.80

Pre-Money Valuation

$291,787,299

Company & Team

Company

Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Lynnwood, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Glenn Cornett
Title
Chief Science Officer
Founder Name
Tom McDowell
Title
Chief Financial Officer
Founder Name
Marc Giroux
Title
CEO

Funding data not publicly available

Financials

 Revenue
$70,700
 Monthly Burn
$5,452
 Runway
24+ months

Balance Sheet

Cash and Cash Equivalents

$373,804

Accounts and Notes Receivable

$15,000

Total Assets

$640,574

Accounts Payable & Accrued Liabilities

$28,331

Long Term Debt

$507,500

Total Liabilities

$606,726

Total Stockholders' Equity

$33,848

Total Liabilities and Equity

$640,574

Statement of Comprehensive Income Information

Total Revenues

$70,700

Costs & Expenses Applicable to Rev

$128,344

Net Income

$-65,427

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Assurance Dimensions
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Ratings Kingscrowd Startup Rating Methodology Article

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Analyst Report Analyst Report Methodology Article

No company has been able to develop an FDA-approved treatment that stops Alzheimer's in its tracks. Kurve Therapeutics has the potential to change that with its potentially groundbreaking device. But its long road to FDA approval and its inexperienced team may threaten the company's survival.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$10,000,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/29/2023 Rialto Markets $291,787,299 - Equity - Common Funded RegA+
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Founder Interview

Kurve Therapeutics Founder Marc Giroux on Treating Alzheimer’s and More

The central nervous system (CNS) disorder umbrella houses a number of familiar names, like Alzheimer’s, Parkinson’s, and multiple sclerosis. These conditions are often life-altering to sufferers, and many are incurable. Thankfully, treatments are available, and scientists aren’t done looking for new solutions.

Kurve Therapeutics is fighting CNS disorders right up the nose with its patented Controlled Particle Dispersion technology. This intranasal technology delivers drugs noninvasively and painlessly, and it makes treatments more precise and effective. We reached out to founder and CEO Marc Giroux to hear about why he originally started working on the technology and how Kurve Therapeutics overcame assumptions.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview

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Add to portfolio
Kurve Therapeutics on Rialto Markets 2022
Platform: Rialto Markets
Security Type: Equity - Common
Valuation: $291,787,299
Price per Share: $5.80

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Follow Kurve Therapeutics on Rialto Markets 2022

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

Kurve Therapeutics Deal Report

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