Overview
Raised: $5,655
Total Commitments ($USD)
Platform
StartEngine
Start Date
06/17/2022
Close Date
09/16/2022
Min. Goal
$10,000
Max. Goal
$535,000
Min. Investment
$250
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.20
Pre-Money Valuation
$6,289,608
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/15/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$62
# of Investors
10
Momentum
Not Funded
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Year Founded
2018
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Statum Systems, with a valuation of $6.29 million, is raising funds on StartEngine. The company is working on simplifying collaboration and communication in hospitals. The business has developed a unified and cloud-based SaaS platform, StatumHEALTH, to allow healthcare workers to communicate with one another using smartphones, tablets, and computers. StatumHEALTH is currently in the testing stage and is being tested at Baystate Health. Fred Lizza, Ara Nazarian, and Arman Serebrakian founded Statum Systems in September 2018. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $534,999.60. The campaign proceeds will be used to launch the product commercially.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,143,831 |
$-875,900 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$221,896 |
$226,703 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$235,388 |
$252,491 |
|
Short-Term Debt |
$663,596 |
$488,958 |
|
Long-Term Debt |
$2,049,712 |
$1,301,258 |
|
Total Liabilities |
$2,713,308 |
$1,790,216 |
Financials as of: 06/17/2022
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Statum Systems | 09/16/2022 | StartEngine | $6,289,608 | $5,655 | Equity - Common | Not Funded | RegCF |
| Statum Systems | 12/16/2020 | StartEngine | $5,000,000 | $236,877 | Equity - Common | Funded | RegCF |
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