Phenomix Sciences

Early Stage

Mayo Clinic startup personalizing weight loss.

Overview

Raised to Date: Raised: $340,268

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/29/2018

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    Open SEC Filing

Valuation Cap

$9,600,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/31/2019

Days Remaining
Funded
% of Min. Goal

170%

% of Max. Goal

32%

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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Phenomix Sciences on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $9,600,000

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