ViiT Health (2024)

ViiT Health (2024)

About this raise

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.

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Investment Overview

Invested this round:
$303,145 - RegCF
$523,145 - Total

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
06/08/2023
Close Date
07/30/2024
Min. Goal
$50,000
Max Goal
$618,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Early Bird Val. Cap

$20,000,000

Valuation Cap

$20,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Location
Wilmington, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Luis Fernando Gomez
Title
CEO
Founder Name
Luis Gomez Sanchez
Title
President
Founder Name
Lorena de la Maza Krzeptowsky
Title
Medical Director

Financials

 Revenue
$0
as of FY2023
 Monthly Burn
$27,420
as of FY2023
 Runway
0.5 months
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-329,038

$-723,423

Summary Balance Sheet

FY 2023 FY 2022

Cash

$13,044

$8,670

Accounts Receivable

$0

$0

Total Assets

$13,044

$8,670

Short-Term Debt

$0

$0

Long-Term Debt

$1,125,553

$792,142

Total Liabilities

$1,125,553

$792,142

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,516,036
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Viit Health 10/31/2025 Wefunder $20,000,000 $82,462 SAFE Active RegCF
ViiT Health 07/30/2024 Wefunder $20,000,000 $523,145 SAFE Funded RegCF / RegD 506(c)
ViiT Health 02/28/2022 Wefunder $15,000,000 $530,600 SAFE Funded RegCF / RegD 506(c)
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Growth Charts

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.

Valuation History

Employee History

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ViiT Health on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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Warning: according to the close date for this deal, ViiT Health may no longer be accepting investments.

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