MARUX

MARUX

Early Stage

MARUX helps with emergency medical assessments in precious life saving time

MARUX helps with emergency medical assessments in precious life saving time

Overview

Raised to Date: Raised: $180,611

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/30/2020

Close Date

04/02/2021

Min. Goal
$267,500
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/29/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$987

# of Investors

106

Momentum
Not Funded
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Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Location

Detroit, Michigan

Business Type

Growth

MARUX, with a $5 million valuation cap, is raising funds on Wefunder. The AI-powered technology of MARUX allows users to capture valuable medical data from a basic video camera. The data is helpful in emergency medical assessments in precious life-saving time. Jonathan Lightning Rayos and Michael D’Orazio founded MARUX in December 2019. The current crowdfunding campaign has a minimum raise of $267,500 and a maximum raise of $1,070,000, and the funds will be used for development, operations, marketing, and strategic partnerships. MARUX has multiple national and international patents for the diagnosis of patients. The technology is expected to be highly useful for the assessments of COVID vitals through visualized AI and machine learning during the current pandemic.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$3,200

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/30/2020
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MARUX on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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