TRAQ

Focus On Your Wellness

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Security Type
Non-Voting Equity
Min Investment
$362
Location
CARLSBAD, CA
Offering Date
November 18, 2021
Expected Close Date
February 16, 2022
Target Raise
$10.00K-$535.00K
No. Investors
73
Security Price
$14.49
Valuation
$33,600,000
Website
traq.health
Number of Employees
10
Cash
$5,371
Revenue
$67,000
Short Term Debt
$305,957
Cost of Goods
$29,909
Long Term Debt
$36,288
Net Income
$-608,007

Company Description

TRAQ has developed a non-invasive fitness, health & wellness “lab in a pocket” device. Addressing the growing concern of expensive, invasive and often slow testing in today’s current reality, TRAQ uses saliva to accurately measure both specific and general health & wellness categories (energy, nutrition, hydration, fitness, stress, sleep, heart health and many more) safely in 30 seconds, proving the future of health and wellness is here.

Key Deal Facts

Growing Market: The total addressable market for TRAQ is over $60 billion.
Proven Technology, Team, and Market: TRAQ has been tested and validated both in the lab (3 Clinical Trials and counting) and in the market (Tokyo Olympics, USA Cycling, NCAA programs, Triathlons, everyday use focus groups), led by a team of experienced scientists and management.
On-Demand Information Trend: At-home, real-time, non-invasive health and wellness monitoring is in high demand.

Management Team / Advisory Board Bios

Dr. Joseph Wang
Co-Founder & Consultant
Joseph is the Distinguished Professor, SAIC Endowed Chair, and former Chair of the Department of Nanoengineering at the University of California, San Diego specializing in nanomachines, biosensors, nanobioelectronics, wearable devices, and electrochemistry. He also serves as the Director of the Center for Wearable Sensors at the University of California San Diego Jacobs School of Engineering. Previously, Joseph was the Regents Professor and holder of the Manasse Chair of Chemistry and Biochemistry at New Mexico State University. The advances made by Dr. Wang have been described in over 1,200 research papers and reviews, that were cited over 135,000 times, leading to a H Index of 181. Education: Technion (BSc, MSc, PhD Chemistry), University of Wisconsin, Madison (post doctoral research associate). Joseph is a part-time consultant.

Dr. Patrick Mercier
Co-Founder & Consultant
Patrick is currently an Associate Professor in Electrical and Computer Engineering at the University of California San Diego (UCSD), where he is also the co-Director of the Center for Wearable Sensors. His research interests include the design of energy-efficient microsystems, focusing on the design of RF circuits, power converters, and sensor interfaces for miniaturized systems and biomedical applications. Education: University of Alberta (BSc EECS), MIT (MSc, PhD EECS). Dr. Mercier is a part-time consultant.

Jeff Slosar
CEO
Jeff is a globally experienced entrepreneur and executive with 25+ years track record of building privately-funded technology related start-ups into profitable, global ventures. He specializes in hi-tech product development and the commercialization of advanced and complex technologies, product development, negotiations, technology vetting and finance. Jeff is also currently a Director on the Board of SmartFoam, Inc. His primary role and full-time hours are dedicated to Traq, Inc. Previous positions: NextWave Ventures, NASA, Triniti (Sony, Qualcomm, Allied Signal), PRTM.
Education: University of Michigan (BSc Engineering Physics, MSc Biomedical Engineering), MBA (INSEAD, France).
Amount Raised : $327,856
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Security Description

Non-voting stock is stock that provides the shareholder very little or no vote on corporate matters.

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