Stream Dx

Home UroFlow Service

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Security Type
Crowd SAFE
Categories
Financial Services
Min Investment
$200
Location
SOUTH SALT LAKE, UT
Offering Date
September 28, 2021
Expected Close Date
February 09, 2022
Target Raise
$25.00K-$1.07M
No. Investors
186
Security Price
$1
Website
streamdx.com
Number of Employees
10
Cash
$181,329
Revenue
$90,745
Short Term Debt
$35,109
Cost of Goods
$37,446
Long Term Debt
$104,000
Net Income
$-482,897

Company Description

Stream Dx provides doctors the ability to offer home uroflow testing as a service. The data is collected using the Stream Dx Home Uroflowmeter, a patented, FDA registered, point of care device designed by Stream Dx to measure the flow rate, flow pattern, total volume, and time of day of urination.

Key Deal Facts

Assists physicians with developing treatment plans for LUTS patients
Better data & better service means better patient care
Supported by research published in the Journal of Urology (April 2021)
Recipient of 2 NIH SBIR grants worth $4.4M+ combined
YoY revenue increase from $21K (2019) to $91K (2020)
Recurring revenue fee-based service model
Addressable worldwide market – 1B males suffer from LUTS

Management Team / Advisory Board Bios

Brian Holt, CEO and Chairman
25+ years of startup and senior executive experience as a CEO, COO, and CFO in both large and small private and public companies.

Scott McClellan, CTO
25+ years of professional engineering experience with several successful data analytics and communication startup companies.

Mark Robinson
Director of Sales
15+ years of senior medical device sales experience including urology products.

Alvin Le, Senior R&D Engineer
6+ years of research and development experience including software development and medical device design.
Amount Raised : $105,670
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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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