Nicolette
[Closed for Investment] Nicolette, with a valuation of $9.5 million, is raising funds on Wefunder. The company has developed a platform to empower patients and their caregivers with data, education, and participation tools. The technology transforms raw health data into updates, insights, and curated education. Nicolette has competitive advantages, including patent-pending technology, EHR integration, network effects, and first-mover. Phil Martie, Michel Mikhael, and Seth Brickman founded Nicolette in October 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used to expand the product into remote and telehealth capabilities and fund sales and marketing.
Investment Overview
Raised: $117,665
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Team
- Employees
- 5
- Prior Founder Exits?
- No
Financials
-
Revenue
- $25,000
- Monthly Burn
- $22,967
-
Runway
- 0 months
- Gross Margin
- 9%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/17/2022 | Wefunder | $9,500,000 | $117,665 | Convertible Note | Funded | RegCF |
Founder Profile
Nicolette Founder Phil Martie on Empowering Patients and Their Families
Medical professionals undergo extensive training in order to provide the best care possible. But patients don’t always have the training or information available to successfully navigate their own healthcare. As a result, they might not have a full understanding of what their options are and which decisions are best for their health. This can potentially cost patients their money and their health.Nicolette aims to solve this problem by informing patients and their caregivers, giving them confidence to choose the best care possible. The company’s first product, NicoBoard, is designed for parents of newborn intensive care unit (NICU) babies. Its features allow parents to educate themselves, make informed decisions, and share their journey with others through videos, diary entries, and more. We reached out to co-founder and CEO Phil Martie to gain insight into the inspiration behind the company and how the team came together.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.