Bioverge

Fusing sci-fi with fintech through a health + tech investment platform

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Form C
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Security Type
Crowd SAFE
Min Investment
$100
Location
SAN FRANCISCO, CA
Offering Date
May 08, 2023
Expected Close Date
August 07, 2023
Target Raise
$25.00K-$1.24M
No. Investors
251
Security Price
$1
Website
bioverge.com
Number of Employees
2
Cash
$324,314
Revenue
$247,786
Short Term Debt
$52,668
Cost of Goods
$49,972
Long Term Debt
$0
Net Income
$-406,203

Company Description

According to "Giving USA," over $40 billion is donated annually to health-related causes, however, investing in healthcare innovation continues to be difficult.

Perks

Invest
$500
Receive
Bioverge digital social media badge
Bioverge laptop sticker

6 investors
Invest
$2,500
Receive
All previous perks
Limited edition, custom designed Bioverge t-shirt
Limited edition, custom designed Bioverge hat
Limited (494 left of 500)

Invest
$5,000
Receive
All previous perks
Meet and Greet video call with the founders

Invest
$10,000
Receive
All previous perks
VIP seat at our next annual event

Invest
$25,000
Receive
All previous perks
25% reduction in carry on your first 3 Bioverge investments

Invest
$50,000
Receive
All previous perks
25% reduction in carry for all future Bioverge investments

Key Deal Facts

Democratizing investing in curated healthcare + technology startups
$3B+ value of portfolio companies (Q4 2022) | 40.5% AUM growth (2021-2022)
Portfolio of 37 companies | 24.7% realized net IRR*, 2.3x realized MOIC*
Raised $8M+ across 61 deals and 4 multi-company Access Funds
Co-invested with top VC firms: Andreessen Horowitz, Khosla, Sequoia...
Leveraging artificial intelligence-driven diligence process for investments
Republic investors instantly become part of our diversified portfolio

Management Team / Advisory Board Bios

Neil Littman
Co-founder & CEO
I am the Founder & CEO of Bioverge, we fuse sci-fi with fintech through a bio + tech investment platform.

Rick Gibb
Co-founder & COO
Investing in the future of healthcare
@Bioverge. Formerly @Stanford

Janine McCargo
Media & PR

Luiz Ferreira
Engineer & Software Development

Hollis Fullilove
Finance & Accouting

Curt Herberts
Advisor

Greg Simon
Advisor

Sonia Arrison
Advisor

Mark Chao
Advisor

Brenden Boot
Advisor

Brock Reeve
Advisor

Joseph Wu
Advisor

Dave Chisholm
Advisor

Kevin Coker
Advisor

David Stubbs
Advisor

Rishav Dasgupta
Analyst
Amount Raised : $138,007
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Business Idea
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Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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