Quorum X Diagnostics

Quorum X Diagnostics

Early Stage

Rapid at-home test for COVID antigen Test

Rapid at-home test for COVID antigen Test


Raised this Round: Raised: $206,921

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type




SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap




Year Founded



Healthcare & Pharmaceuticals

Tech Sector


Distribution Model




Capital Intensity



Tucker, Georgia

Business Type


Quorum X Diagnostics, with a $3 million valuation cap, is raising crowdfunding on Wefunder. The company is developing a take-home lateral flow test to detect CoV-2 during the incubation period. The test will allow the detection of COVID even before the onset of symptoms. The company has already used the same technology to build QXD-1 Fast Test for Pseudomonal Pneumonia Prototype. Quorum X Diagnostics was founded by Maria Nagy and Dr. Angel A. Rivera in 2017 and has raised over $66,000 since its founding. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $250,000, and the funds will be used for manufacturing, testing patient samples, hiring nurses, FDA application, and app development. Quorum X Diagnostics is filling an opportunity gap in the market and catering to the global need of a quick test for COVID.

Summary Profit and Loss Statement

Most Recent Year Prior Year












Net Income



Summary Balance Sheet

Most Recent Year Prior Year




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 05/28/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Quorum X Diagnostics 04/29/2022 Wefunder $25,000,000 $0 SAFE Not Funded RegCF
Quorum X Diagnostics 12/03/2020 Wefunder $2,750,000 $206,921 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)


$25 /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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Founder Profile

Dr. Maria Nagy Talks At-Home Antigen Tests for COVID-19

As all eyes are on vaccines and testing for COVD-19, Quorum X Diagnostics pivoted from working on a Fast Test for Pseudomonal Pneumonia. Now, under the leadership of Dr. Maria Nagy, the team is working to bring to market an at-home COVID-19 antigen test. To make this possible, the team is currently raising funds via Wefunder.


We sat down with Maria to learn more about how she plans to allocate funds, who makes up her impressive team, and more-

Read Founder Interview

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Quorum X Diagnostics on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $2,750,000

Follow company

Follow Quorum X Diagnostics on Wefunder

Buy Quorum X Diagnostics's Deal Report

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

Quorum X Diagnostics Deal Report

Get KingsCrowd’s comprehensive report on Quorum X Diagnostics including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Quorum X Diagnostics is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Quorum X Diagnostics deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge