QuadVantage Technology

QuadVantage Technology

Closed: Apr. 2023

About this raise

QuadVantage Technology is raising funds on Dealmaker Securities. The company is transforming ACL reconstruction surgery with its QuadVantage Autograft System. The QuadVantage Quadriceps Autograft System makes the harvesting of Quadriceps tendon easier, more precise, less painful, and less traumatic. QuadVantage’s technology is clinically tested and has received FDA approvals. The technology helps to eliminate guesswork, leaves only a small scar, and costs less compared to competitors. Thomas Gutierrez founded QuadVantage Technology in October 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $295,750

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
08/08/2022
Close Date
04/10/2023
Min. Goal
$25,000
Max Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$9,800,000

Company & Team

Company

Year Founded
2018
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
Raleigh, North Carolina
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Tom Gutierrez
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$101,856
 Runway
0.1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$670

$20

 

 

Net Income

$-1,222,273

$-536,739

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$6,943

$3,829

Accounts Receivable

$0

$0

Total Assets

$25,166

$197,555

Short-Term Debt

$1,796,792

$599,901

Long-Term Debt

$204,617

$556,234

Total Liabilities

$2,001,409

$1,156,135

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$450,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/10/2023 DealMaker Securities $9,800,000 $295,750 Equity - Preferred Funded RegCF
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Add to portfolio
QuadVantage Technology on Dealmaker Securities 2022
Platform: DealMaker Securities
Security Type: Equity - Preferred
Valuation: $9,800,000
Price per Share: $2.50

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Follow QuadVantage Technology on Dealmaker Securities 2022

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

QuadVantage Technology Deal Report

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