RetroPerc Medical Products
About this raise
RetroPerc Medical Products, with a valuation of $9.54 million, is raising funds on StartEngine. The company has developed an FDA-cleared medical device that helps in minimally invasive kidney stone surgery. RetroPerc Medical Products’ device, RetroPerc, is a unique disposable puncture set that enables urologists to perform a precise renal puncture for the removal of large kidney stones. The device has been adopted by leading urology centers and has been awarded the ’23 Edison Gold Medal. Jason Wynberg founded RetroPerc Medical Products in August 2024. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.
Investment Overview
Committed [Withdrawn]: $0
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/23/2024
- Close Date
- 10/04/2024
$124,001
$1,234,999
$499
Equity - Common
Early Stage
RegCF
$1.06
$9,540,000
Company & Team
Company
- Year Founded
- 2024
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +31% YoY
-
$146,893
as of FY2023
- Monthly Burn
-
$5,000
as of Sep '24
-
Runway
-
5.4 months
as of Sep '24
- Gross Margin
-
95%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/04/2024 | StartEngine | $9,540,000 | $0 | Equity - Common | Withdrawn | RegCF |