Tesa Medical

Tesa Medical

Closed: Nov. 2023

About this raise

Tesa Medical, with a valuation of $5 million, is raising funds on RedCrow through Reg D 506(b) raise. It is a medical device company enabling rapid soft tissue tensioning and fixation. The patented technology of Test Medical, CordaSet, enables physicians to mitigate downstream consequences for ACL reconstruction procedures through rapid tensioning and fixation of soft tissues. The CordaSet system gives the physicians the ability to adjust graft tension without damaging the graft. Howard Edelman founded Tesa Medical in 2009. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $500,000. The campaign proceeds will be used to finalize system beta development and file additional IPs.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
RedCrow
Start Date
08/04/2022
Close Date
11/21/2023
Min. Goal
$20,000
Max Goal
$500,000
Min. Investment

$0

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegD 506(b)

Valuation Cap

$5,000,000

Discount

20%

Company & Team

Company

Year Founded
2009
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Baton Rouge, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
Yes
Founder Name
Howard Edelman
Title
CEO

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/21/2023 RedCrow $5,000,000 - Convertible Note Not Funded RegD 506(b)
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Tesa Medical on RedCrowd 2022
Platform: RedCrow
Security Type: Convertible Note
Valuation: $5,000,000

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

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