Neurotez

Neurotez

Early Stage

Neurotez Inc. is developing a drug to treat Leptin deficiency in Alzheimer’s patients.

Neurotez Inc. is developing a drug to treat Leptin deficiency in Alzheimer’s patients.

Overview

Raised to Date: Raised: $33,845

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/08/2021

Close Date

03/10/2022

Min. Goal
$10,000
Max. Goal
$281,096
Min. Investment

$496

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$44,870,036

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2022

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

$280

# of Investors

32

Momentum
Funded
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Year Founded

2005

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Location

Bridgewater, New Jersey

Business Type

Growth

Neurotez, with a valuation of $44.9 million, is raising funds on StartEngine. The company is developing a hormone replacement therapy named Memtin to treat Leptin deficiency in Alzheimer’s patients. The drug will help slow down the cognitive decline in Alzheimer’s patients and other forms of dementia. Neurotez has already received many rewards and recognitions and is backed by an excellent team of experts. Nikolaos Tezapsidis founded Neurotez in 2005. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $281,096. The campaign proceeds will be used for the execution and delivery of data from its Phase 1B trial.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$9,115

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-188,407

$-367,295

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,882

$283

Accounts Receivable

$0

$0

Total Assets

$164,744

$176,536

Short-Term Debt

$420,466

$396,332

Long-Term Debt

$0

$26,000

Total Liabilities

$420,466

$422,332

Financials as of: 11/08/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Neurotez 01/26/2023 Netcapital $45,272,228 $15,952 Equity - Common Funded RegCF
Neurotez 03/09/2022 StartEngine $44,870,036 $33,845 Equity - Common Funded RegCF
Neurotez 06/23/2021 Netcapital $21,959,058 $255,718 Equity - Common Funded RegCF
Neurotez 02/25/2018 Netcapital $24,544,690 $95,809 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Neurotez on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $44,870,036
Price per Share: $4.00

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