ViiT Health
Early Stage
Non-Invasive Painless Glucometer Monitors Blood Sugar Levels With Top Accuracy
Overview
$280,600 - RegCF
$530,600 - Total
$530,600 - Total
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/08/2021
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
03/06/2022
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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Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
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: 10/08/2021
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Founder Profile
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.
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