Norbert Health
Growth Stage
A groundbreaking device that measures all essential vital signs without contact.
Overview
Raised: $69,044
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/18/2023
Close Date
04/29/2024
Min. Goal
$150,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Series A
SEC Filing Type
RegCF
Valuation Cap
$35,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/10/2023
Days Remaining
324
% of Min. Goal
46%
% of Max. Goal
6%
Likelihood of Max
Avg. Daily Raise
$3,002
Momentum
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Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Norbert Health, with a valuation of $35 million, is raising funds on Wefunder. The company uses smart sensing and data to help people more rapidly, easily and accurately understand what’s going on in their bodies. Most solutions only measure temperature, but our products also sense cardiac and respiratory activity. More data improves accuracy and leads to better outcomes. Norberrt Heallth products can measure and understand patients’ health without any contact required. Alexandre Winter founded Norbert Health July 2019. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1.235 million. The campaign proceeds will be used for manufacturing, software developement and marketing.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$1,457 |
$0 |
| ||
| ||
|
Net Income |
$-3,746,137 |
$-2,885,111 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,636,144 |
$3,226,871 |
|
Accounts Receivable |
$364,208 |
$392,177 |
|
Total Assets |
$2,091,609 |
$4,054,990 |
|
Short-Term Debt |
$273,398 |
$248,536 |
|
Long-Term Debt |
$2,775,077 |
$989,165 |
|
Total Liabilities |
$3,048,475 |
$1,237,701 |
Financials as of: 05/18/2023
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