Veebot Systems
About this raise
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.
Investment Overview
Invested : $67,100
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 01/10/2023
- Close Date
- 04/10/2023
$9,998
$1,234,998
$102
Equity - Common
Early Stage
RegCF
$3.18
$13,992,000
Company & Team
Company
- Year Founded
- 2012
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2021
- Monthly Burn
-
$5,328
as of FY2021
-
Runway
-
4.3 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $22,131
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/10/2023 | StartEngine | $13,992,000 | $67,100 | Equity - Common | Funded | RegCF |