Early Stage

Matching Patients with Quality Doctors

Matching Patients with Quality Doctors


Raised this Round: Raised: $121,393



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Healthcare & Pharmaceuticals

Tech Sector



Beverly Hills, California

Magnabid, with a valuation of $3.5 million, is raising funds on StartEngine. The company has developed a platform that matches patients with quality doctors. With Magnabid’s online marketplace, users simply name their price for the medical or cosmetic procedure they need, and the platform will match them with a quality doctor’s offer. The business is currently focused on the medical and cosmetic market in Los Angeles and plans to grow nationally and globally. Pez Zarifian founded Magnabid in November 2015. The current crowdfunding campaign has a minimum target of $9,999.85 and a maximum target of $1.07 million. The campaign proceeds will be used for doctor acquisition, patient acquisition, technology improvements, and professional services.

Summary Profit and Loss Statement

FY 2016 FY 2015












Net Income



Summary Balance Sheet

FY 2016 FY 2015




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 03/30/2017
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Magnabid 09/07/2018 StartEngine $4,000,000 $18,108 Equity - Common Funded RegCF
Magnabid 06/12/2018 StartEngine $3,621,393 $28,549 Equity - Common Not Funded RegCF
Magnabid 08/22/2017 StartEngine $3,500,000 $121,393 Equity - Common Funded RegCF
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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

Funding data not publicly available

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Magnabid on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,500,000
Price per Share: $0.35

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