MARUX
About this raise
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.
Investment Overview
Not Funded: $180,611
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/01/2020
- Close Date
- 04/02/2021
$267,500
$1,070,000
$100
SAFE
Early Stage
RegCF
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/02/2021 | Wefunder | $5,000,000 | $180,611 | SAFE | Not Funded | RegCF |
