Overview

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/07/2021

Close Date

02/28/2022

Min. Goal

$50,000

Max. Goal

$2,000,000

Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF / RegD 506(c)    

Valuation Cap

$15,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

03/05/2022

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$1,962

# of Investors

405

Momentum

Funded

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ViiT Health

Year Founded

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Wilmington, Delaware

Business Type

Growth

Company Website

ViiT Health, with a valuation of $15 million, is raising funds on Wefunder. The company offers AI-assisted health monitoring services. The first product of ViiT Health, ViiT Gluco 1.0, is a one-of-a-kind glucometer that uses AI for the management of diabetes. ViiT Health has strategic alliances with Iasotek, Arrowhead Center, and Mexico City Innovation and Technology Agency and is supported by Monaco Foundry and a leading US Family Office. Luis Gomez founded ViiT Health in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2,000,000. The campaign proceeds will be used for marketing and sales, product development, validation protocols, product certification, and software development.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$0	$0
COGS	$0	$0
Tax	$0	$0
Net Income	$0	$0

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$0	$0
Accounts Receivable	$0	$0
Total Assets	$7,500	$0
Short-Term Debt	$0	$0
Long-Term Debt	$0	$0
Total Liabilities	$0	$0

Financials as of: 10/07/2021

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
ViiT Health	04/28/2024	Wefunder	$20,000,000	$277,198	SAFE	Active	RegCF
ViiT Health	02/27/2022	Wefunder	$15,000,000	$530,600	SAFE	Funded	RegCF / RegD 506(c)

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

ViiT Health CEO Luis Fernando on Making Diabetes Easier to Manage

Diabetes can have a major impact on patients’ lives. To maintain their health, diabetic individuals need to check glucose levels regularly. These checks are often done through invasive and painful methods like finger pricking.

ViiT Health has developed Gluco 1.0, an affordable, reusable, and non-invasive product to measure glucose levels. Patients simply rest their finger inside Gluco 1.0, and it uses spectrometry to quickly and accurately assess glucose levels. We reached out to CEO Luis Fernando to learn why diabetes hits close to home for his team and how the recently established company has come so far.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview