MedAnswers

MedAnswers

Early Stage

Trusted Experts. Answers they agree on.

Trusted Experts. Answers they agree on.

Overview

Raised this Round: Raised: $130,913

Platform

StartEngine

Start Date

07/26/2017

Close Date

01/24/2018

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$5,000,000

Year Founded

2012

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Location

Washington, District of Columbia

MedAnswers, with a valuation of $5 million, is raising funds on StartEngine. It is a digital health platform that helps patients get access to professional and clinical experts. MedAnswers provides on-demand medical answers to patients and gives them access to reproductive attorneys, psychologists, andrologists, geneticists, embryologists, and genetic counselors. The app is currently limited to questions related to infertility and aims to expand into other areas soon. Alice Crisci founded MedAnswers in December 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.07 million. The campaign proceeds will be used for R&D, product development, marketing, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-176,882

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$266,519

$85

Accounts Receivable

$0

$0

Total Assets

$268,019

$85

Short-Term Debt

$0

$0

Long-Term Debt

$350,000

$0

Total Liabilities

$350,000

$0

Financials as of: 07/26/2017
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MedAnswers on StartEngine 2018
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $2.50

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Warning: according to the close date for this deal, MedAnswers may no longer be accepting investments.

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