MicroGen Vet
About this raise
MicroGen Vet is here to lead the way when it comes to microbial diagnostic service. They plan to bring “DNA-based Next Generation Sequencing (NGS) diagnostics to the veterinary marketplace as the exclusive reseller of MicroGen DX diagnostic services.” MicroGen DX is the market leader in this space with the humans diagnostics market, and now, they want to help veterinarians benefit from this technology as well. MicroGen Vet is the exclusive reseller of this technology, and they’re already supporting clinical trials on over 200 horses. They plan to first work in the U.S. with the equine and small-animal markets, and then expand into exotic/zoo and livestock, and ultimately growing internationally.
Investment Overview
Invested : $53,784
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/29/2018
- Close Date
- 09/28/2018
$10,000
$1,070,000
$450
Equity - Common
Early Stage
RegCF
$9.00
$5,700,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Pet Health, Food, and Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Capital Intensity
- Location
- Pittsburgh, Pennsylvania
- Company Website
-
Visit Website
Team
- Employees
- 10
Financials
Upgrade to gain access
-
$12.50 /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
Edge
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/28/2018 | StartEngine | $5,700,000 | $53,784 | Equity - Common | Funded | RegCF |