Neopenda

Neopenda

Neopenda is innovating medical technologies for high-growth emerging markets.

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Security Type
SAFE
Min Investment
$100
Location
Chicago, IL
Offering Date
August 31, 2018
Expected Close Date
December 31, 2018
Target Raise
$25.00K-$1.07M
Deal Notes
  • Type of security: Crowd Safe · Learn more
  • Discount: 20%
  • Valuation cap: $6,000,000

Company Description

Neopenda is a medical device company for high-growth emerging markets, starting with a vitalsigns monitor for critically ill newborns. We will sell our devices to hospitals and NGOs in emerging markets.

Perks

Invest $100 - We will give you a personal shout out on our website (with your consent)!
Invest $500 - All of the above + we’ll add your name to our “plaque” of supporters in our office
Invest $1,000 - All of the above + you’ll receive a Neopenda t-shirt.
Invest $5,000 - All of the above + a Neopenda photo book telling the story of our work in Uganda.
Invest $10,000 - All of the above + dinner with the founders at our HQ in Chicago.

Key Deal Facts

Medical device company with potential to save up to 2.6M newborn lives a year in emerging economies
$7.1B Target market by 2023: Medical devices in Africa
Patent pending and additional provisional patents filed
Founders are biomedical engineers out of Columbia University
Techstars Chicago Class of 2018
$770k raised to date from Columbia University, Cisco, Vodafone, ADAP Capital, Techstars, and others
A for-profit Public Benefit Corporation
Become part of Neopenda’s journey for as little as $100, and see how a little goes a long way in saving lives

Use of Proceeds

  • Intermediary Fees 6.00%
  • Campaign marketing expenses or related reimbursement 0.93%
  • Estimated Attorney Fees 2.80%
  • Estimated Accountant/Audi tor Fees  2.80%
  • General Marketing 1.87%
  • Research and Development 22.04%
  • Manufacturing  23.36%
  • Equipment Purchases 2.80%
  • Clinical study implementation 18.7%
  • Regulatory approval 18.7%

Management Team / Advisory Board Bios

Sona Shah
Co-founder and CEO
Chief Executive Officer- manages business development and operations for Neopenda.

Teresa Cauvel
Co-founder and CTO
Chief Technology Officer- Teresa leads product management and technology development at Neopenda. She regularly coordinates consultants and receives feedback from users and stakeholders.

Deal Notes

  • Type of security: Crowd Safe · Learn more
  • Discount: 20%
  • Valuation cap: $6,000,000
Amount Raised : $145,941
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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