Ontacad

Ontacad

Early Stage

Ontacad is looking to disrupt a $500 billion market through its Software as a Service (SaaS) product that converts scientific and medical software and equipment user guides to video-tutorials to assist clients saving time and money.

Ontacad is looking to disrupt a $500 billion market through its Software as a Service (SaaS) product that converts scientific and medical software and equipment user guides to video-tutorials to assist clients saving time and money.

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/31/2020

Close Date

03/01/2021

Min. Goal
$10,000
Max. Goal
$100,003
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.77

Pre-Money Valuation

$2,493,000

Year Founded

2020

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

San Francisco, California

Business Type

Growth

Ontacad, with a post-money valuation of $2.59 million, is raising funds on NetCapital. The Software as a Service product of the company converts scientific and medical equipment user guides to video tutorials. The patent-pending technology helps the equipment providers in saving time, reducing customer acquisition costs, and boosting revenues. Medhat Ahmed and Hanady Elgamal founded Ontacad in June 2020. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $100,003, and the funds will be used towards sales and marketing, and general and administration expenses. Ontacad already has over 150 clients and five established strategic partnerships. The company plans to grow further and become a valuable healthcare technology startup.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/31/2020
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Ontacad on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,493,000
Price per Share: $2.77

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