MedWave Software Solutions

MedWave Software Solutions

Growth Stage

World Health Care Needs Changes; We are on the Forefront

World Health Care Needs Changes; We are on the Forefront

Overview

Raised to Date: Raised: $265,756

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/26/2021

Close Date

04/30/2022

Min. Goal
$100,001
Max. Goal
$1,069,997
Min. Investment

$450

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.50

Early Bird Valuation

$45,831,704

Pre-Money Valuation

$57,289,631

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

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

$1,080

# of Investors

64

Momentum
Funded
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Year Founded

2012

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Location

Sebastopol, California

Business Type

Growth

MedWave Software Solutions, with a valuation of $57.3 million, is raising funds on Wefunder. The company has developed a proprietary platform, HarmoniMD, that helps save lives through improved healthcare delivery. The system is easy to use, multilingual, and affordable for hospitals in need of electronic solutions. MedWave Software Solutions is making waves in the healthcare industry and has been voted as the number one electronic health records platform in LATAM for two years in a row. Dan Smith founded MedWave Software Solutions in March 2012. The current crowdfunding campaign has a minimum target of $100,001 and a maximum target of $1,069,997. The campaign proceeds will be used for marketing, software development support, sales and implementation team building, and hiring regional managers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$68,968

$40,905

COGS

$43,134

$50,551

Tax

$0

$0

 

 

Net Income

$-2,690,442

$-2,531,355

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$698,148

$1,185,956

Accounts Receivable

$14,973

$2,913

Total Assets

$3,771,843

$5,075,216

Short-Term Debt

$407,568

$228,612

Long-Term Debt

$936,695

$1,337,892

Total Liabilities

$1,344,263

$1,566,504

Financials as of: 08/26/2021
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MedWave Software Solutions on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Common
Valuation: $57,289,631
Price per Share: $4.50

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