-
Security Type
-
SAFE
-
Min Investment
-
$100
-
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