MARCo Health
About this raise
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.
Investment Overview
Invested : $60,874
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 10/03/2022
- Close Date
- 12/29/2022
$10,000
$1,235,000
$250
Equity - Common
Early Stage
RegCF
$5.00
$7,680,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $27,200
- Monthly Burn
- $1,148
-
Runway
- 0.2 months
- Gross Margin
- 45%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $175,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/29/2022 | StartEngine | $7,680,000 | $60,874 | Equity - Common | Funded | RegCF |