Life Imaging Fla (2022)

Life Imaging Fla (2022)

About this raise

Life Imaging Fla, with a valuation of $8.3 million, is raising funds on StartEngine. The company aims to provide an early detection system for cancer and heart diseases. The FDA-approved EBTC scanners of Life Imaging can detect many of these diseases even before the symptoms appear. At the same time, the Life Imaging scanners do not use dyes, are quick, and use only 10% of the radiation used by a normal CT scanner. Life Imaging Fla has already conducted a pilot project under a different company wherein it generated a 37% profit margin and generated over $500,000 in revenues in four months. James T. Graham founded Life Imaging Fla in July 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,000,000. The campaign proceeds will be used for salaries, administration expenses, and travel and entertainment.

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Investment Overview

Invested this round: $97,207

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
11/22/2021
Close Date
04/30/2022
Min. Goal
$10,000
Max Goal
$3,000,000
Min. Investment

$248

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$8,628,360

Company & Team

Company

Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
Medtech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Saint Petersburg, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
Yes
Founder Name
James T. Graham
Title
CEO

Financials

 Revenue
$837,097
 Monthly Burn
$30,053
 Runway
0.1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-360,630

$-18,661

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,488

$0

Accounts Receivable

$0

$0

Total Assets

$738,467

$0

Short-Term Debt

$136,767

$13,663

Long-Term Debt

$592,878

$0

Total Liabilities

$729,645

$13,663

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Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Life Imaging Fla 04/30/2022 StartEngine $8,628,360 $97,207 Equity - Common Funded RegCF
Life Imaging 10/28/2021 StartEngine $3,000,000 $1,257,212 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Life Imaging Fla on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,628,360
Price per Share: $4.00

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Warning: according to the close date for this deal, Life Imaging Fla may no longer be accepting investments.

Life Imaging Fla Deal Report

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