Xense

Growth Stage

Meta CT, FIRST In The World. Minimize Time to Diagnosis, Treatment & Wellness

Analytics

Raised to Date: Raised: $121,739

Aggregate Commitments $

Platform

Wefunder

Start Date

06/14/2022

Close Date

04/30/2023

Min. Goal

$150,000

Max. Goal

$1,070,000

Min. Investment

$500

Security Type

SAFE

Funding Type

RegCF

Series

Series B

Valuation Cap

$228,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

81%

% of Max. Goal

11%

Likelihood of Max
extremely
Avg. Daily Raise

$11,067

Momentum
cool.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Irvine, Delaware

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

High Growth

Xense, with a valuation of $228 million, is raising funds on Wefunder. The company has developed a revolutionary imaging platform called uTomo that provides MetaCT. uTomo combines plain X-ray and CT scanning to diagnose patients with life-threatening problems at a more rapid rate. MetaCT provided by uTomo is user-friendly, eco-friendly, and provides advanced high-resolution 2D and 3D CT images. Ying Zhao founded Xense in April 2018. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1,070,000. The campaign proceeds will be used for product development, operations, marketing, and payroll.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5

$0

COGS

$15,466

$0

Tax

$2,588

$0

 

 

Net Income

$-988,204

$-1,021,526

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$13,752

$63

Accounts Receivable

$0

$0

Total Assets

$292,218

$122,030

Short-Term Debt

$520,086

$157,043

Long-Term Debt

$861,936

$531,943

Total Liabilities

$1,382,022

$688,986

Financials as of: 06/14/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Analyst Report Analyst Report Methodology Article

Pending Review

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Xense on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $228,000,000

Follow company

Follow Xense on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Xense on Wefunder 2022

Thank you for your vote on Xense on Wefunder 2022

Bullish / Bearish
You're Bearish on Xense on Wefunder 2022

Thank you for your vote on Xense on Wefunder 2022