Vironix Health
Early Stage
AI-Enabled Early Detection and Remote Monitoring of Lung and Heart Disease
Analytics
Raised: $811,782
Aggregate Commitments $
Platform
Wefunder
Start Date
04/22/2022
Close Date
04/30/2023
Min. Goal
$50,006
Max. Goal
$1,069,989
Min. Investment
$250
Security Type
Equity - Preferred
Funding Type
RegCF
Series
Pre-Seed
Price Per Share
$13.19
Pre-Money Valuation
$14,900,000
Rolling Commitments $
Status
Active
Reporting Date
05/21/2022
Days Remaining
344
% of Min. Goal
1,623%
% of Max. Goal
76%
Likelihood of Max
Avg. Daily Raise
$27,992
Momentum
Log in or create a free account today to gain access to KingsCrowd analytics.
Location
Austin, Texas
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Vironix Health, with a valuation of $11.2 million, is raising funds on Wefunder. The company uses AI for the early detection and remote monitoring of heart and lung diseases. The AI-enabled technology of Vironix Health helps in detecting and triaging heart failure, COPD, and asthma flare-ups. The company has a world-class R&D collaboration with Oxford University and $150 million of potential ARR from current LOIs. Sumanth Swaminathan, Sriram Ramanathan, Christopher Landon, and Botros Toro founded Vironix Health in April 2020. The current crowdfunding campaign has a minimum target of $50,006 and a maximum target of $1,069,989. The campaign proceeds will be used for personnel and professional services, product and clinical development, marketing, and SG&A.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,408 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-141,223 |
$-24,539 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$103,621 |
$208,912 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$234,886 |
$224,843 |
|
Short-Term Debt |
$10,910 |
$23,370 |
|
Long-Term Debt |
$289,726 |
$226,000 |
|
Total Liabilities |
$300,636 |
$249,370 |
Financials as of: 04/22/2022
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$8.33 /month
billed annually - Free portfolio tracking. Limited reports and filters.
- Plan Includes:
- Everything in Free, plus
- Advanced company search ( limited filters)
- Founder profiles and exclusive webinars
- 2 Analyst Reports per month
- Get Starter Annual
Starter
-
$25 /month
billed annually - Unlimited analyst reports and market analytics.
- Plan Includes:
- Everything in Starter, plus
- Full access to all Analyst Reports
- Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
- Market Analytics
- Get Pro Annual
Pro
-
$41.67 /month
billed annually - Full site access including KingsCrowd ratings.
- Plan Includes:
- Everything in Pro, plus
- Search and filter companies by KingsCrowd ratings
- Company specific
KingsCrowd rating and risk assessment
- Get Merlin Annual
Merlin
Already a member? Log in here.
Ratings 
