iRemedy Healthcare

iRemedy Healthcare

Early Stage

Overview

Raised to Date: Raised: $6,375

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

02/12/2023

Close Date

Not Provided

Min. Goal
$850
Max. Goal
$25,000,000
Min. Investment

$850

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$8.50

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/06/2024

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$17

# of Investors

5

Momentum
Funded
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Year Founded

2007

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Location

Stuart, Florida

iRemedy Healthcare is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company uses artificial intelligence to solve issues in the medical supply chain. iRemedy Healthcare has created a large procurement marketplace for doctors and hospitals to get lifesaving supplies easily at transparent pricing and with constant supply monitoring. The business has over 10,000 customers, 500,000 products, and generated $52 million in revenue in 2022. Tony Paquin and Gary Paquin founded iRemedy Healthcare in 2007. The current crowdfunding campaign has a maximum target of $25 million. The campaign proceeds will be used for acquisition and investment opportunities, growth strategies, working capital, and general corporate purposes.

Balance Sheet

Cash and Cash Equivalents

$561,048

Investment Securities

$0

Accounts and Notes Receivable

$985,805

Property, Plant and Equipment (PP&E)

$0

Total Assets

$29,029,836

Long Term Debt

$874,668

Total Liabilities

$49,479,607

Total Stockholders' Equity

$-21,353,313

Total Liabilities and Equity

$29,029,836

Statement of Comprehensive Income Information

Total Revenues

$86,151,192

Costs & Expenses Applicable to Rev

$78,985,764

Depreciation and Amortization

$159,170

Net Income

$-19,483,473

Earnings Per Share - Basic

$-0.63

Earnings Per Share - Diluted

$-0.63

Auditor: WithumSmith+Brown, PC
Financials as of: 02/12/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
iRemedy Healthcare 02/12/2024 Dalmore Group - $6,375 Equity - Common Funded RegA+
iRemedy Healthcare 09/30/2023 Republic $302,000,000 $237,787 Equity - Common Funded RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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iRemedy Healthcare on Dalmore Group 2023
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $8.50

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