PhysiSens

PhysiSens

Closed: Oct. 2024

About this raise

PhysiSens, with a valuation of $2.97 million, is raising funds on NetCapital. The company is utilizing big data to innovate physical therapy. PhysiSens is an innovative medical device and software startup that aims to develop SmartClothing with clinically accurate sensor systems. SmartClothing aims to be used in conjunction with artificial intelligence and machine learning to help physical therapists in injury assessment, diagnosis, and healing. Winston DeMartini founded PhysiSens in March 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for managers’ compensation, R&D, regulatory fees, and intellectual property.

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Investment Overview

Invested this round: $17,550

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
01/29/2024
Close Date
10/31/2024
Min. Goal
$10,000
Max Goal
$500,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$2,970,000

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Greenvale, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Winston DeMartini
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$2,750
 Monthly Burn
$99
 Runway
0 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,750

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,192

$-6,358

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$7,550

$6,358

Long-Term Debt

$0

$0

Total Liabilities

$7,550

$6,358

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/31/2024 Netcapital $2,970,000 $17,550 Equity - Common Funded RegCF
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Add to portfolio
PhysiSens on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,970,000
Price per Share: $1.00

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Follow PhysiSens on NetCapital 2024

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Warning: according to the close date for this deal, PhysiSens may no longer be accepting investments.

PhysiSens Deal Report

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