Phenomix Sciences
Early Stage
Mayo Clinic startup personalizing weight loss.
Overview
Raised: $340,268
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/28/2018
Close Date
03/15/2019
Min. Goal
$200,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Convertible Note
SEC Filing Type
RegCF
Valuation Cap
$9,600,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,210
# of Investors
228
Momentum
Funded
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Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
Location
Rochester, Minnesota
Only 30% of patients respond well to a given obesity treatment, but typical treatment is ad hoc, wasting precious time and money. As Mayo Clinic obesity doctors, we've demonstrated that identifying a patient's specific type (aka phenotype) of obesity and personalizing their treatment produces twice the amount of weight loss. With exclusive tech from Mayo Clinic, we are commercializing our first product in the form of a simple blood test to bring forward precision medicine to weight-loss therapy.
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