MARCo Health

Early Stage

Accessible mental healthcare via compassionate robots

Overview

Raised to Date: Raised: $60,874

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/03/2022

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/01/2023

Days Remaining
Funded
% of Min. Goal

609%

% of Max. Goal

5%

Likelihood of Max
Funded
Avg. Daily Raise

$700

# of Investors

28

Momentum
Funded
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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: 10/03/2022
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MARCo Health on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,680,000

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