Veebot Systems

Early Stage

Hands-Free, Accurate Needle Insertion

Overview

Raised to Date: Raised: $23,490

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/10/2023

Close Date

03/10/2023

Min. Goal

$9,998

Max. Goal

$1,234,998

Min. Investment

$102

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$3.18

Pre-Money Valuation

$13,992,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

36

% of Min. Goal

235%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,021

# of Investors

43

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Opa Locka, Florida

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

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

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-63,936

$-71,918

Summary Balance Sheet

Most Recent Year Prior Year

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: 01/10/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Veebot Systems on StartEngine 2023
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $13,992,000

Follow company

Follow Veebot Systems on StartEngine 2023
View on StartEngine