Vita Imaging


About this raise: Vita Imaging, with a valuation of $41.25 million, is raising funds on StartEngine. It is a medical device company developing cutting-edge cancer detection and diagnostic technology. Vita Imaging's lead product, AURA™, is a skin cancer detection device that has already been submitted for FDA clearance and is expected to launch in early 2025. Vita Imaging's AURA™ is an award-winning, non-invasive imaging device that can detect Melanoma & Non-Melanoma skin cancer within two seconds. Thinh Quy Tran founded Vita Imaging in March 2019. The current crowdfunding campaign has a minimum target of $15,002.40 and a maximum target of $3.8 million. The campaign proceeds will be used for research and development, marketing, company employment, operations, and working capital.

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Investment Overview

Committed this round: $442,361

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
08/13/2024
Close Date
03/13/2025
Min. Goal
$15,002
Max. Goal
$3,811,049
Min. Investment

$570

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.70

Pre-Money Valuation

$41,252,810

Company & Team

Company

Year Founded
2018
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Fremont, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
14
Prior Founder Exits?
No
Founder Name
Thinh Tran
Title
CEO

Financials

as of June 30, 2024
 Revenue
$0
 Monthly Burn
$100,000
 Runway
1.1 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,624,936

$-837,822

Summary Balance Sheet

FY 2023 FY 2022

Cash

$121,086

$46,568

Accounts Receivable

$0

$0

Total Assets

$534,788

$330,089

Short-Term Debt

$1,709,273

$294,502

Long-Term Debt

$0

$662,297

Total Liabilities

$1,709,273

$956,799

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,499,539
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/13/2025 StartEngine $41,252,810 $442,361 Equity - Common Active RegCF
06/28/2024 DealMaker Securities $40,100,000 $359,727 Equity - Common Funded RegCF
11/13/2023 StartEngine $39,940,000 $836,957 Equity - Common Funded RegCF
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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

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Vita Imaging on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $41,252,810
Price per Share: $5.70

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Follow Vita Imaging on StartEngine 2024

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