Statum Systems

Statum Systems

Early Stage

Secure Medical Communications

Secure Medical Communications

Overview

Raised this Round: Raised: $5,655

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/16/2022

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    Open SEC Filing

Price Per Share

$1.20

Pre-Money Valuation

$6,289,608

Year Founded

2018

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Natick, Massachusetts

Business Type

High Growth

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: 06/16/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Statum Systems 09/15/2022 StartEngine $6,289,608 $5,655 Equity - Common Not Funded RegCF
Statum Systems 12/15/2020 StartEngine $5,000,000 $236,877 Equity - Common Funded RegCF
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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

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Statum Systems on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,289,608
Price per Share: $1.20

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