MedicaMetrix

MedicaMetrix

Early Stage

Invest in the Future of Prostate Health

Invest in the Future of Prostate Health

Overview

Raised to Date: Raised: $581,950

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

09/12/2021

Close Date

Not Provided

Min. Goal
$250
Max. Goal
$20,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$20,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,341

# of Investors

13

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2020

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Lowell, Massachusetts

Business Type

Growth

MedicaMetrix is raising funds on Dalmore Group through Reg A+ crowdfunding. The company aims to provide medical technologies and products to improve health and quality of life for people with chronic diseases. MedicaMetrix currently has two products that it plans to commercialize in the future. ProstaMetrix will be used to measure prostate volume to evaluate the size of a patient’s prostate gland, and SureSet is a single-use intravascular catheter. Robert Rudelius and Satish Vankayalapati founded MedicaMetrix in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for product development, refinement, and additional trials, regulatory filings, global business development and marketing, and management compensation.

Balance Sheet

Cash and Cash Equivalents

$2,729,996

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$88,000

Loans

$0

Property, Plant and Equipment (PP&E)

$11,400

Property and Equipment

$0

Total Assets

$2,829,752

Accounts Payable & Accrued Liabilities

$424,699

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$424,699

Total Stockholders' Equity

$2,405,053

Total Liabilities and Equity

$2,829,752

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$1,017,987

Total Interest Expenses

$0

Depreciation and Amortization

$1,330

Net Income

$-1,017,987

Earnings Per Share - Basic

$-0.10

Earnings Per Share - Diluted

$-0.10

Auditor: Marcum LLP
Financials as of: 09/12/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
MedicaMetrix on Dalmore Group 2021
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $5.00

Follow company

Follow MedicaMetrix on Dalmore Group 2021

Buy MedicaMetrix's Deal Report

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

MedicaMetrix Deal Report

Get KingsCrowd’s comprehensive report on MedicaMetrix including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether MedicaMetrix is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the MedicaMetrix deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge