Squid Healthcare

Product To Address Periocular Post-Procedure Care

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Security Type
Debt
Categories
Retail, Beauty & Personal Care, Life Sciences
Min Investment
$250
Location
DALLAS, TX
Offering Date
September 28, 2021
Expected Close Date
April 30, 2022
Target Raise
$200.00K-$1.07M
Security Price
$1
Number of Employees
2
Cash
$1,189
Revenue
$0
Short Term Debt
$1,212
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-12,754

Company Description

📈 Huge market opportunity >$1B annually for an unmet medical & aesthetic need, growing at 15% CAGR
🚀 FDA 510(k) authorization (Rx & OTC) submitted after successfully completing testing requirements
🏆 Patent issued on utility, composition, design, and formulation(s)
👨🏾‍🔬👨🏼‍⚕️ Co-founders are scientist with 15 yrs industry experience and oculoplastic surgeon
🛠 Exclusive manufacturing agreement and production line with an international manufacturer
💰 Founders-funded and seeking a SAFE round for team build-up, Series A, & 2022 commercialization

Key Deal Facts

Huge market opportunity >$1B annually for an unmet medical & aesthetic need, growing at 15% CAGR
FDA 510(k) authorization (Rx & OTC) submitted after successfully completing testing requirements
Patent issued on utility, composition, design, and formulation(s)
Co-founders are scientist with 15 yrs industry experience and oculoplastic surgeon
Exclusive manufacturing agreement and production line with an international manufacturer
Founders-funded and seeking a SAFE round for team build-up, Series A, & 2022 commercialization

Management Team / Advisory Board Bios

Ahmad Tawil, Co-Founder & Chief Executive Officer
Expert in the medical aesthetic space with 15 years of industry experience (PwC/Strategy&, Monitor Group, GE Healthcare). Previous founder of Axelleron, SaaS for healthcare companies to manage commercialization.

Ronald Mancini, Co-Founder
World renowned oculoplastic, orbital, eyelid, and cosmetic facial surgeon. Training in Beverly Hills and at UCLA Medical Center. Member of the American Academy of Cosmetic Surgery, American Society of Ophthalmic Plastic and Reconstructive Surgery.
Amount Raised : $153,233
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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