TrialSite News

TrialSite News

Closed: Nov. 2022

About this raise: TrialSite News, with a valuation of $11.8 million, is raising funds on PicMii. The company provides unbiased, objective, and independent media and analysis to medical research. The business publishes complex medical research for its subscribers, including physicians, healthcare professionals, patients, and investors. TrialSite News is a social and media network dedicated to medical research. The business is expected to reach 10,000 subscribers and $500,000 to $1 million in revenue by the end of 2022. Daniel O’Conner founded TrialSite News in April 2021. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $249,998.70. The campaign proceeds will be used to add more subscribers and generate more revenues.

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Investment Overview

Invested this round: $59,250

Deal Terms

Total Commitments ($USD)

Platform
PicMii
Start Date
06/08/2022
Close Date
11/30/2022
Min. Goal
$50,001
Max. Goal
$249,999
Min. Investment

$1,000

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.10

Pre-Money Valuation

$11,600,637

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Wilmington, Delaware
Business Type
High Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
Yes
Founder Name
Daniel O’Connor
Title
CEO

Financials

 Revenue
$256,345
 Cash on Hand
$116,777

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$256,345

$0

COGS

$0

$0

Tax

$9,751

$0

 

 

Net Income

$72,188

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$116,777

$0

Accounts Receivable

$0

$0

Total Assets

$133,101

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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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
11/30/2022 PicMii $11,600,637 $59,250 Equity - Common Funded RegCF
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Add to portfolio
TrialSite News on PicMii 2022
Platform: PicMii
Security Type: Equity - Common
Valuation: $11,600,637
Price per Share: $2.10

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Follow TrialSite News on PicMii 2022

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