Q Med Innovations
About this raise
QMed Innovations, with a valuation of $14,807,459, is raising funds on Netcapital. The company is a wireless asset management and data aggregation entity that focuses on enabling medical device manufacturers, hospitals, labs, and distributors to track surgical trays and instruments. Their flagship product, Quest, provides stakeholders with 100% visibility on assets, offering daily location updates, historical inventory data, and ensuring ease of regulatory compliance. Victor Nunes founded QMed Innovations in 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,200,000. The campaign proceeds will be used for Payroll, Research & Development, Inventory, Marketing, Legal & Professional, Administrative, and Intermediary fees.
Investment Overview
Not Funded: $0
Deal Terms
Financials
-
Revenue
- $57,278
- Monthly Burn
- $259,762
-
Runway
- 0.6 months
- Gross Margin
- 80%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $5,284,813
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/17/2023 | Netcapital | $14,807,459 | $0 | Equity - Common | Not Funded | RegCF |