MedFire Innovations

MedFire Innovations

Early Stage

We've Done The Work, And It Shows.

We've Done The Work, And It Shows.

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

CrowdFund Mainstreet

Start Date

03/01/2023

Close Date

03/15/2023

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$500

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$1,000,000

Year Founded

2016

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

San Diego, California

Business Type

Growth

MedFire Innovations is raising funds on CrowdFund Mainstreet. The company develops and launches products aimed at improving the lives of patients and healthcare providers. The products of MedFire Innovations deliver solutions that cater to common patient concerns and needs of healthcare workers to protect themselves and perform procedures successfully. The key products of MedFire Innovations to date include Path-O-Wrap, The Williams Key, Recopad, and Self-pap. Gregory Christmas founded MedFire Innovations in June 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for research and development, marketing and advertising, hiring, ongoing operations, product and device manufacturing, website development, and trade show marketing.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$21,762

$187,068

COGS

$17,573

$102,687

Tax

$2,268

$800

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2021 FY 2020

Cash

$27,408

$32,059

Accounts Receivable

$0

$0

Total Assets

$99,984

$96,275

Short-Term Debt

$32,998

$31,443

Long-Term Debt

$101,762

$94,289

Total Liabilities

$134,760

$125,732

Financials as of: 03/01/2023
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MedFire Innovations on CrowdFund Mainstreet 2023
Platform: CrowdFund Mainstreet
Security Type: Equity - Preferred
Valuation: $1,000,000
Price per Share: $10.00

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

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