OhmniLabs

OhmniLabs

Growth Stage

Modular robotic platform for healthcare operations with UV disinfection and more

Modular robotic platform for healthcare operations with UV disinfection and more

Overview

Raised to Date: Raised: $360,144

Total Commitments ($USD)

Platform

Republic

Start Date

03/22/2023

Close Date

04/28/2023

Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$44,000,000

Valuation Cap

$55,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

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

$10,004

# of Investors

224

Momentum
Funded
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Year Founded

2015

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

San Jose, California

Business Type

Growth

OhmniLabs, with a valuation of $55 million, is raising funds on Republic. The company has developed a modular robotic platform with UV disinfection for healthcare operations. The business deploys autonomous UV disinfection robots and telepresence robots to eliminate deadly and harmful pathogens. OhmniLabs is 3-5 times more effective and half the cost of traditional UV solutions and has clients including Google, Ford, Apple, Amazon, Zoom, and VA Hospitals. Thuc Vu, Jared Go, and Tingxi Tan founded OhmniLabs in June 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for cast and crew, production expenses, post-production expenses, marketing, and contingency.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$3,219,714

$3,556,498

COGS

$1,557,845

$2,962,022

Tax

$0

$0

 

 

Net Income

$-2,991,673

$-2,990,590

Summary Balance Sheet

FY 2021 FY 2020

Cash

$965,875

$2,770,810

Accounts Receivable

$59,250

$74,006

Total Assets

$2,973,607

$4,004,953

Short-Term Debt

$2,429,935

$2,469,607

Long-Term Debt

$0

$0

Total Liabilities

$2,429,935

$2,469,607

Financials as of: 03/22/2023
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OhmniLabs on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $55,000,000

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