NpCloud Solutions

NpCloud Solutions

Closed: Jun. 2023

About this raise

NpCloud Solutions, with a valuation of $10 million, is raising funds on Wefunder. The company is building a cloud-based electronic health record system for healthcare providers. The platform is comprehensive and affordable and aims to increase the effectiveness of keeping healthcare records at a low cost without compromising quality. NpCloud Solutions has created the prototype, which is currently in production and garnered interest from over 600 psychiatric nurse practitioners. Denis Rono founded NpCloud Solutions in November 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for product development, hiring, R&D, and marketing.

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Investment Overview

Invested this round: $63,850

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/15/2023
Close Date
06/16/2023
Min. Goal
$50,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Early Bird Valuation

$5,000,000

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
HealthTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Mooresville, North Carolina
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Denis Rono
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$13,634
 Runway
0.2 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$400

$400

 

 

Net Income

$-163,614

$-3,116

Summary Balance Sheet

FY 2022 FY 2021

Cash

$2,780

$28,584

Accounts Receivable

$0

$0

Total Assets

$4,280

$30,084

Short-Term Debt

$11,500

$0

Long-Term Debt

$0

$0

Total Liabilities

$11,500

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/16/2023 Wefunder $10,000,000 $63,850 Equity - Preferred Funded RegCF
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Add to portfolio
NpCloud Solutions on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $10,000,000
Price per Share: $1.00

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

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