Milo Health

Milo Health

Closed: Dec. 2022

About this raise: Milo Health, with a valuation of $13.7 million, is raising funds on StartEngine. The company has developed a platform for users to see and control their prescriptions on their smartphones. The digital prescription wallet of Milo Health puts the power back in the hands of patients and allows them to compare prices. The business is in the pre-revenue stage and has a patent application for using an internet-enabled device to receive, hold, and manage prescriptions. Ameer Youssef and Robert Siegel founded Milo Health in May 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used to launch the platform.

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Investment Overview

Invested this round: $120,756

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
08/29/2022
Close Date
12/28/2022
Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$13,655,220

Company & Team

Company

Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Ameer Youssef
Title
CEO
Founder Name
Robert Siegel
Title
President

Financials

 Revenue
$0
 Monthly Burn
$47,734
 Runway
1.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$450

$450

 

 

Net Income

$-572,813

$-439,088

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$58,001

$26,200

Accounts Receivable

$0

$0

Total Assets

$58,001

$26,200

Short-Term Debt

$0

$0

Long-Term Debt

$679,581

$129,077

Total Liabilities

$679,581

$129,077

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$445,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/28/2022 StartEngine $13,655,220 $120,756 Equity - Common Funded RegCF
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Add to portfolio
Milo Health on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $13,655,220
Price per Share: $10.00

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Follow Milo Health on StartEngine 2022

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

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