Stride Tech Medical
Early Stage
Smart Walkers Prevent Falls
Overview
Raised: $215,549
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/21/2022
Close Date
11/17/2022
Min. Goal
$10,000
Max. Goal
$999,997
Min. Investment
$251
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.39
Pre-Money Valuation
$8,017,712
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$898
# of Investors
93
Momentum
Funded
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Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Stride Tech Medical, with a valuation of $8.02 million, is raising funds on StartEngine. The company makes smart walkers with an innovative walker attachment technology that prevents falls. The first product of Stride Tech Medical, StrideTech Go, is an innovative walker that monitors and corrects walker misuse to prevent injury. The company’s technology has been perfected after three years of research and testing and approved by the USPTO and PCT. George Douaire founded Stride Tech Medical in June 2019. The current crowdfunding campaign has a minimum target of $9,999.66 and a maximum target of $999,997.37. The campaign proceeds will be used to finalize database and app design and development and begin large pilot studies.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-216,408 |
$-147,115 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$39,938 |
$79,416 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$51,018 |
$90,106 |
|
Short-Term Debt |
$31,721 |
$4,004 |
|
Long-Term Debt |
$330,000 |
$180,500 |
|
Total Liabilities |
$361,721 |
$184,504 |
Financials as of: 03/21/2022
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