XSurgical

XSurgical

Early Stage

Surgical robotics

Surgical robotics

Overview

Raised this Round: Raised: $15,972

Total Commitments ($USD)

Platform

Netcapital

Start Date

05/14/2023

Close Date

10/13/2023

Min. Goal
$10,000
Max. Goal
$540,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$10,222,814

Year Founded

2018

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Cambridge, Massachusetts

Business Type

Growth

XSurgical, with a valuation of $10.2 million, is raising funds on NetCapital. The company has developed a surgical robotic platform capable of both operating in hospitals and portable in the open field. The platform integrates minimally invasive, open surgery and orthopedic procedures and brings the expertise and skills of a top surgeon to perform complex surgical procedures in remote locations. Gianluca De Novi, Michele Marzola, and Debora Botturi founded XSurgical in February 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $540,000. The campaign proceeds will be used for product development, intellectual property, audit, business development, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-76,210

$-11,160

Summary Balance Sheet

FY 2022 FY 2021

Cash

$8,179

$6,040

Accounts Receivable

$0

$15,172

Total Assets

$220,179

$261,583

Short-Term Debt

$320,000

$320,000

Long-Term Debt

$385,881

$367,505

Total Liabilities

$705,881

$687,505

Financials as of: 05/14/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
XSurgical 10/12/2023 Netcapital $10,222,814 $15,972 Equity - Common Funded RegCF
XSurgical 04/19/2022 StartEngine $25,000,000 $44,616 Equity - Preferred Funded RegCF
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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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Add to portfolio
XSurgical on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,222,814
Price per Share: $2.00

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Follow XSurgical on NetCapital 2023

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

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