Overview

Raised to Date: Raised: $209,910

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/23/2022

Close Date

12/20/2022

Min. Goal

$9,996

Max. Goal

$1,069,997

Min. Investment

$213

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    

Price Per Share

$4.25

Pre-Money Valuation

$14,620,000

Venture Capital Investors:

Blue Collective NY-M1

Unpopular Ventures

Rolling Commitments ($USD)

Status

Funded

Reporting Date

12/30/2022

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$1,779

# of Investors

148

Momentum

Funded

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ScriptCo

Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Woodway, Texas

Business Type

Growth

Company Website

ScriptCo, with a valuation of $14.6 million, is raising funds on StartEngine. The company is revolutionizing healthcare by selling prescription medications at cost with zero markups. The subscription-based pharmacy service is dedicated to making prescription medication affordable for everyone. The business works outside the insurance system and avoids costs like formulary limitations, prior authorizations, and day supply limitations. Mark McCormick and Shailendra Gupta founded ScriptCo in May 2019. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $1,069,997. The campaign proceeds will be used for marketing and B2B growth.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$460,585	$314,961
COGS	$259,486	$164,812
Tax	$0	$0
Net Income	$-1,256,074	$-596,160

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$161,203	$1,167,255
Accounts Receivable	$0	$45
Total Assets	$391,879	$1,472,474
Short-Term Debt	$1,944,960	$69,481
Long-Term Debt	$0	$1,700,000
Total Liabilities	$1,944,960	$1,769,481

Financials as of: 08/23/2022

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ScriptCo Co-founder Zach Zeller on Affordable Medicine

It’s no big secret that Americans pay a lot for healthcare. And this isn’t limited to doctor visits, hospital stays, or operations. Many people who need prescription medications are often stuck paying high markups, even if their medications are generic. 

That’s where ScriptCo comes in. The startup is aiming to lower its members’ medication costs by offering prescriptions at wholesale prices. We spoke with co-founder and President Zach Zeller about his mission and goals for ScriptCo.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview