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.
Investment Overview
$523,145 - Total
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 06/08/2023
- Close Date
- 07/30/2024
$50,000
$618,000
$100
SAFE
Early Stage
RegCF
/ RegD 506(c)
$20,000,000
$20,000,000
0%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$27,420
as of FY2023
-
Runway
-
0.5 months
as of FY2023
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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) |