Pneumeric

Pneumeric

Early Stage

A Novel Visual Detection Device Product for Thoracostomy

A Novel Visual Detection Device Product for Thoracostomy

Overview

Raised to Date: Raised: $43,343

Total Commitments ($USD)

Platform

Microventures

Start Date

09/25/2022

Close Date

02/22/2023

Min. Goal
$25,000
Max. Goal
$1,200,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$9,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$289

# of Investors

140

Momentum
Funded
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Year Founded

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Rochester, Minnesota

Business Type

Growth

Pneumeric, with a valuation of $9 million, is raising funds on MicroVentures. The company has designed and developed a medical device named Capnospot. The device assures the user that therapeutic decompression has been successful and helps to remove the concern of human misjudgment. Pneumeric’s Capnospot uses visual color change to confirm successful decompression and changes its color from blue to yellow. Pneumeric has signed a patent license with Mayo Clinic for the Capnospot device and has established a manufacturing partnership with Naglreiter. Johnathan Aho founded Pneumeric in July 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.2 million. The campaign proceeds will be used for the production setup, salaries, marketing and sales, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-470,120

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$193,836

$0

Accounts Receivable

$0

$0

Total Assets

$201,766

$0

Short-Term Debt

$179,886

$0

Long-Term Debt

$304,000

$0

Total Liabilities

$483,886

$0

Financials as of: 09/25/2022
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Pneumeric on MicroVentures 2022
Platform: Microventures
Security Type: Convertible Note
Valuation: $9,000,000

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