Med-X

Med-X

Growth Stage

Making a Difference, Naturally.

Making a Difference, Naturally.

Overview

Raised this Round: Raised: $143,487

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

05/28/2024

Close Date

09/30/2024

Min. Goal
$10,002
Max. Goal
$1,234,998
Min. Investment

$600

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$50,894,025

Year Founded

2014

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Location

Canoga Park, California

Med-X is raising funds on Dealmaker Securities. The company is revolutionizing the pesticide industry with its clean and green pesticide alternative. Med-X’s Nature-Cide is natural and plant-based and helps in fighting pests without the harmful effects of chemicals. The company has several strategic partnerships and a loyal customer base and has reported a 200% revenue growth to $1.89 million in 2023. Matthew Mills founded Med-X in February 2014. The current crowdfunding campaign has a minimum target of $10,002 and a maximum target of $1.23 million. The campaign proceeds will be used for acquisitions, marketing, working capital, hiring, product registration, and research and development.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,894,784

$1,852,775

COGS

$1,681,248

$1,570,977

Tax

$0

$0

 

 

Net Income

$6,478,496

$7,338,431

Summary Balance Sheet

FY 2023 FY 2022

Cash

$65,747

$209,472

Accounts Receivable

$50,105

$65,373

Total Assets

$1,345,328

$1,345,328

Short-Term Debt

$520,291

$548,331

Long-Term Debt

$0

$0

Total Liabilities

$520,291

$548,331

Financials as of: 05/28/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Med-X 09/29/2024 Dealmaker Securities $50,894,025 $143,487 Equity - Common Active RegCF
Med-X 11/08/2023 Dalmore Group $102,217,405 $3,936,422 Equity - Common Funded RegA+
Med-X 05/22/2023 PicMii $43,211,544 $0 Equity - Common Not Funded RegCF
Med-X 09/09/2021 truCrowd $88,552,772 $15,595 Equity - Common Funded RegCF
Med-X 06/26/2019 StartEngine - $7,000,471 Equity - Common Funded RegA+
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Med-X on Dealmaker Securities 2024
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $50,894,025
Price per Share: $3.00

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Follow Med-X on Dealmaker Securities 2024

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