LeanMed
About this raise
LeanMed, with an $5 million valuation, is raising funds on Wefunder. The company is taking medical products that are used in U.S./EU homes, over-the-counter devices or discontinued product lines to innovate and re-purpose them for life in the rural health centers. The O2 Cube is the first example this. It is a solar powered micro oxygen product that has just been recognized by the WHO as a 2021 Innovative Health Technology for Low Resource Settings as it uses solar energy to power refurbished oxygen concentrators and compressors that bring medical oxygen. The company was founded by Mark. The current round of crowdfunding has a minimum raise of $160,000 and a maximum raise of $250,000. The proceeds will be used for engineering, build, ship and install, and marketing support services.
Investment Overview
Invested $85,442 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
08/05/2022 | Wefunder | $5,000,000 | $85,442 | SAFE | Funded | RegCF |