Vxtra Health
Growth Stage
Health plans without the hassles
Overview
Raised: $262,574
Total Commitments ($USD)
Platform
StartEngine
Start Date
11/16/2021
Close Date
08/12/2022
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment
$400
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.40
Pre-Money Valuation
$15,135,767
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$976
# of Investors
97
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Vxtra Health, with a valuation of $15.1 million, is raising funds on StartEngine. The company aims to offer new health insurance solutions that focus on restoring the value of the doctor-patient relationship. The business works with local doctors to come up with hassle-free health plans for self-insured employers. It also helps in improving the experience and reducing avoidable costs. Larry Hightower founded Vxtra Health in July 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,848,743 |
$1,955,097 |
|
COGS |
$1,853,420 |
$2,504,346 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$74,121 |
$582,791 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$136,532 |
$226,740 |
|
Accounts Receivable |
$193,169 |
$110,855 |
|
Total Assets |
$456,768 |
$460,194 |
|
Short-Term Debt |
$300,034 |
$793,572 |
|
Long-Term Debt |
$434,700 |
$435,791 |
|
Total Liabilities |
$734,734 |
$1,229,363 |
Financials as of: 11/16/2021
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.