ViiT Health
Early Stage
Non-Invasive Wellness Device monitors Blood Sugar, Oxygen and Pulse to Improve Metabolic Health
Overview
Raised: $138,668
Total Commitments ($USD)
Platform
Wefunder
Start Date
06/08/2023
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$618,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$20,000,000
Valuation Cap
$20,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/30/2023
Days Remaining
212
% of Min. Goal
277%
% of Max. Goal
22%
Likelihood of Max
Avg. Daily Raise
$1,216
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
ViiT Health, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a non-invasive wellness device that monitors oxygen, blood sugar, and pulse. The device, Bioviit, is a portable biomarker monitor that uses light, instead of pricking, to detect temperature, oxygen, blood sugar, and oxygen accurately. ViiT Health has conducted 13 clinical trials and reported 93% accuracy for regular blood sugar levels. Luis Fernando, Luis Gomez, and Lorena de la Maza founded ViiT Health in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $618,000. The campaign proceeds will be used for calibration and certification, research and development, hiring, sales and marketing, production, and intellectual property protection.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-723,423 |
$-60,048 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$8,670 |
$139,952 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$8,670 |
$139,952 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$792,142 |
$200,000 |
|
Total Liabilities |
$792,142 |
$200,000 |
Financials as of: 06/08/2023
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.