TMJ Relax
About this raise
TMJ Relax, with a valuation of $8.75 million, is raising funds on StartEngine. The company has created a solution for TMJ disorder using computer-aided design and 3D manufacturing. The solution of TMJ Relax makes the treatment of temporomandibular joint disorder more effective, affordable, and user-friendly. The device of TMJ Relax is FDA cleared and helps to prevent and treat migraines, muscle tension, and bruxism caused by TMJ disorder. Charles Sutera III founded TMJ Relax in October 2021. The current crowdfunding campaign has a minimum target of $9,999.54 and a maximum target of $1,069,998.96. The campaign proceeds will be used to spread awareness and develop an immersive and comprehensive educational course for physicians and dentists.
Investment Overview
Not Funded: $107,255
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/25/2022
- Close Date
- 07/21/2022
$10,000
$1,069,999
$499
Equity - Common
Early Stage
RegCF
$1.46
$8,750,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $43,991
- Monthly Burn
- $4,332
-
Runway
- 18.9 months
- Gross Margin
- 86%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $200,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/21/2022 | StartEngine | $8,750,000 | $107,255 | Equity - Common | Not Funded | RegCF |