Circle Medical

Circle Medical

Artificial intelligence assisted medical care

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Security Type
Preferred Stock
Offering Date
October 10, 2018
Expected Close Date
January 08, 2019
Target Raise
$1.07M
Deal Notes

$15Mpre-money valuation

$0.73per share

Preferred Stock

If you invest, you're betting Circle Medical will be worth more than $15M in the future.

Company Description

Circle Medical is a new kind of primary healthcare practice We use technology and artificial intelligence to deliver a better patient experience, to deliver it at a lower cost, and to deliver better outcomes for patients.

Perks

$500+: Circle Medical t-shirt. (Allow 6-8 weeks from campaign close for delivery)
$1,000+: Invite to the launch party of our new San Francisco clinic with Circle Medical staff and investors.
$10,000+: Dinner with the Circle Medical leadership team.
$25,000+: One year of direct access to our Medical Director via mobile phone. (Not for emergencies.)

Use of Proceeds

If we raise: $100,000

  • 95% Operating Capital, including day-to-day operations, working towards profitability.
  • 5% Wefunder Intermediary fees

If we raise: $1,070,000

  • 46.72% Operating Capital
  • 28% Product Development
  • 20.28% Provider recruiting and expansion
  • 5% Wefunder Intermediary fees

Management Team / Advisory Board Bios

George Favvas
CEO and Co-founder
YC S15. Founder of PerkHub, SmartHippo (acq RateZip). Early employee at Radialpoint ($300M exit).

JS Boulanger
Co-founder and CTO
YC S15. Co-founder at PerkHub, CodaPay (acq. PayNearMe). MS Comp. Sci from McGill.

Deal Notes

$15Mpre-money valuation

$0.73per share

Preferred Stock

If you invest, you're betting Circle Medical will be worth more than $15M in the future.

Amount Raised : $314,977
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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