About this raise
MedVector, with a valuation of $25 million, is raising funds on StartEngine. It is a telemedicine platform that aims to accelerate clinical trials. MedVector’s platform connects subjects from across the world to clinical trial sites and increases participation in clinical trials. The platform is actively working with 20 clinical trial sites and is the official partner of the State of Delaware’s Health Information Network for clinical research. Scott Stout founded MedVector in December 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, company employment, operations, research and development, and inventory.
Investment Overview
Invested : $126,458
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/22/2024
- Close Date
- 08/19/2024
$15,000
$618,000
$500
Convertible Note
Early Stage
RegCF
$25,000,000
12%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$75,000
as of FY2023
-
Runway
-
0.4 months
as of
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,327,382
- VC Backed?
- No
Growth Charts
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.
