Vymedic

Vymedic

Closed: Mar. 2021

About this raise

Vymedic, with a post-money valuation of $23 million, is raising crowdfunding on NetCapital. The company has manufactured Vymune, a broad-spectrum antiviral, that beats other treatments in the suppression of influenza. Vymune is not strain-specific and activates the immune system against the illness. Cynthia Winning founded Vymedic in March 2020. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used for hiring, manufacturing, and marketing. The product of Vymedic is patented, natural, and made up of amino acids, bioflavonoids, and co-factors. It is safe to use for children, elderly, pregnant women, and immunosuppressed individuals.

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Investment Overview

Invested this round: $202,770

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
09/25/2020
Close Date
03/24/2021
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
Biotech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Englewood, Colorado
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Cynthia A. Winning
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$3,899
 Runway
0.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-46,788

$-45,688

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,032

$3,105

Accounts Receivable

$0

$0

Total Assets

$2,032

$3,105

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/24/2021 Netcapital $20,000,000 $202,770 Equity - Common Funded RegCF / RegD 506(c)
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Founder Interview

Vymedic Founder Cynthia Winning on Antiviral Solutions

In the age of COVID-19, broad-spectrum, OTC, antivirals could change the game. Under the leadership of Cynthia Winning, the team at Vymedic is aiming to disrupt the OTC wellness space with a new immune support tablet. We sat down with Cynthia to discuss what inspired her to build the company, her vision for the future of the space, and more-

Read Founder Interview

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Add to portfolio
Vymedic on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $5.00

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Follow Vymedic on NetCapital

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

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