ScriptCo

ScriptCo

Early Stage

Your Medications At Our Cost- Zero Markup

Your Medications At Our Cost- Zero Markup

Overview

Raised to Date: Raised: $209,910

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/23/2022

Close Date

12/19/2022

Min. Goal
$9,996
Max. Goal
$1,069,997
Min. Investment

$213

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.25

Pre-Money Valuation

$14,620,000

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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Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Woodway, Texas

Business Type

Growth

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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Founder Profile

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

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ScriptCo on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $14,620,000
Price per Share: $4.25

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Follow ScriptCo on StartEngine 2022

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

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