Veebot Systems

Veebot Systems

Early Stage

Hands-Free, Accurate Needle Insertion

Hands-Free, Accurate Needle Insertion

Overview

Raised this Round: Raised: $67,100

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/09/2023

Close Date

04/10/2023

Min. Goal
$9,998
Max. Goal
$1,234,998
Min. Investment

$102

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.18

Pre-Money Valuation

$13,992,000

Year Founded

2012

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Opa Locka, Florida

Business Type

Growth

Veebot Systems, with a valuation of $13.99 million, is raising funds on StartEngine. The company has developed an autonomous, image-guided, and robotic needle insertion system to improve vascular access. The patented technology aims to eliminate painful and failed needle sticks and enable healthcare providers to provide high standards of blood draws, IV catheter insertion, and vaccine delivery. William Haugland, Richard Harris, and Stuart Harris founded Veebot Systems in October 2012. The current crowdfunding campaign has a minimum target of $9,997.92 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, operations, inventory, and quality assurance.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-63,936

$-71,918

Summary Balance Sheet

FY 2021 FY 2020

Cash

$23,113

$10,808

Accounts Receivable

$0

$0

Total Assets

$1,018,176

$953,823

Short-Term Debt

$0

$10,045

Long-Term Debt

$0

$16,666

Total Liabilities

$0

$26,711

Financials as of: 01/09/2023
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Veebot Systems on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $13,992,000
Price per Share: $3.18

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