XSurgical (2022)

XSurgical (2022)

About this raise

XSurgical, with a pre-money valuation of $25 million, is raising funds on Startengine. The company plans to take to market what Management believes to be the first surgical robot capable of both operating in hospitals and portable in the open field, integrating minimally invasive, open surgery and orthopedic procedures. This technology will bring the expertise and skills of a top surgeon to perform complex, surgical procedures in remote locations. XSurgical was founded by Gianluca De Novi, Michele Marzola, and Debora Botturi in 2018. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000.

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Investment Overview

Invested this round: $44,616

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
12/17/2021
Close Date
04/20/2022
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$25,000,000

Company & Team

Company

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

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Gianluca De Novi
Title
CEO
Founder Name
Michele Marzola
Title
Chairman
Founder Name
Debora Botturi
Title
CSO

Financials

 Revenue
$0
 Monthly Burn
$11,232
 Runway
0.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-134,787

$-210,843

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,467

$70,170

Accounts Receivable

$0

$0

Total Assets

$132,467

$210,170

Short-Term Debt

$39,412

$0

Long-Term Debt

$323,859

$308,438

Total Liabilities

$363,271

$308,438

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/13/2023 Netcapital $10,222,814 $15,972 Equity - Common Funded RegCF
04/20/2022 StartEngine $25,000,000 $44,616 Equity - Preferred 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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Add to portfolio
XSurgical on Startengine 2021
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $25,000,000
Price per Share: $4.00

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Follow XSurgical on Startengine 2021

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

XSurgical Deal Report

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