MARCo Health

MARCo Health

Early Stage

Accessible mental healthcare via compassionate robots

Accessible mental healthcare via compassionate robots

Overview

Raised this Round: Raised: $60,874

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/02/2022

Close Date

12/29/2022

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$7,680,000

Year Founded

2018

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Hillsdale, New Jersey

Business Type

Growth

MARCo Health, with a valuation of $7.73 million, is raising funds on StartEngine. The company is developing its flagship therapeutic robot for mental health assistance. The aim of MARCo Health is to provide personalized care to people struggling with anxiety, depression, stress, and other mental health issues through accessible and adorable mental health companions. MARCo uses AI to have conversations with users and provides personalized care through companionship, biofeedback, talk support, guided meditation, and high alert outreach. Jacob Boyle founded MARCo Health in February 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,235,000. The campaign proceeds will be used for scaling the production and marketing efforts.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$993

$910

COGS

$551

$677

Tax

$0

$0

 

 

Net Income

$-13,777

$-18,007

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$267

$1,214

Accounts Receivable

$0

$0

Total Assets

$23,598

$29,388

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/02/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
MARCo Health on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,680,000
Price per Share: $5.00

Follow company

Follow MARCo Health on StartEngine 2022

Buy MARCo Health's Deal Report

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

MARCo Health Deal Report

Get KingsCrowd’s comprehensive report on MARCo Health including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether MARCo Health is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the MARCo Health deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge