Patient Innovations

Early Stage

Optimizing Patient Care / Efficiency

Overview

Platform

Castle Placement

Start Date

10/13/2022

Close Date

10/06/2023

Min. Goal

$25,000

Max. Goal

$5,000,000

Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$11.71

Pre-Money Valuation

$36,000,000

Location

Mount Sinai, New York

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Patient Innovations, with a valuation of $36 million, is raising funds on Castle Placement. The company has developed subscription-based software-as-a-Service (SaaS) to improve the efficiency and profitability of healthcare. The platform, OnTime Care, is easy to use and addresses quality, patient safety, patient engagement, employee engagement, and growth. OnTime Care ensures less waiting and greater access for patients and less stress, more revenues, and happier patients for doctors. Ken Greenberg founded Patient Innovations in October 2009. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-139,764

$-223,986

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$19,960

$454

Accounts Receivable

$5,048

$1,729

Total Assets

$113,549

$137,018

Short-Term Debt

$214,226

$234,488

Long-Term Debt

$25,000

$0

Total Liabilities

$239,226

$234,488

Financials as of: 10/13/2022
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Patient Innovations on Castle Placement 2022
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Platform: Castle Placement
Security Type: Equity - Common
Valuation: $36,000,000

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