Pace Diagnostics
About this raise
Pace Diagnostics, with a valuation of $20 million, is raising funds on Wefunder. The diagnostics company provides quick, affordable, and accurate tests for lung cancer and tuberculosis. The point-of-care diagnostics of Pace Diagnostics will help save millions of lives through quick screening and preventative healthcare. Pace Diagnostics has won grants from the US DoD, NIH, and NSF and also aims to distribute its product in EU countries. Marianne Nguyen, Lorne Mattner, Hiep Hoa Nguyen, Sanjay Jayachandran, and Victoria Nguyen founded Pace Diagnostics in September 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for advertisement and promotions, manufacturing, marketing, hiring, and research development.
Investment Overview
Invested : $143,140
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/03/2021
- Close Date
- 12/30/2022
$50,000
$250,000
$200
SAFE
Seed
RegCF
$18,000,000
$20,000,000
20%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/30/2022 | Wefunder | $20,000,000 | $143,140 | SAFE | Funded | RegCF |