Pneumeric

Early Stage

A Novel Visual Detection Device Product for Thoracostomy

Analytics

Raised to Date: Raised: $18,562

Aggregate Commitments $

Platform

Microventures

Start Date

09/26/2022

Close Date

02/27/2023

Min. Goal

$25,000

Max. Goal

$1,200,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$9,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

11/30/2022

Days Remaining

89

% of Min. Goal

74%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$286

# of Investors

64

Momentum
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Location

Rochester, Minnesota

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

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: 09/26/2022
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Pneumeric on MicroVentures 2022
$
Platform: Microventures
Security Type: Convertible Note
Valuation: $9,000,000

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