KneeVoice

KneeVoice

Noninvasive diagnostic and monitoring platform for cartilage degradation in the knee

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Security Type
Preferred Stock
Categories
Other
Min Investment
$111
Location
SANTA MONICA, CA
Expected Close Date
August 29, 2022
Target Raise
$25.00K-$1.07M
No. Investors
100
Security Price
$27.68
Website
kneevoice.com
Number of Employees
7
Cash
$320,039
Revenue
$0
Short Term Debt
$247,719
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-751,696

Company Description

KneeVoice is on a mission to enable everyone to understand the health of one of the most prominent joints in the human body—the knee. With its two products, the KneeVoice Diagnostic Device and the KneeVoice Wearable, the company is seeking to distribute its knee monitoring technology to medical professionals and individual consumers around the globe. Initially, the company is focused on U.S. distribution and growth and has already been granted patents for its monitoring technology and diagnostic user interface technology. KneeVoice is seeking additional capital to fund its domestic and eventual international expansion, as it begins rolling out its business-to-business and consumer products. With its technology, KneeVoice hopes that everyone can continuously understand their own joint health and make appropriate life choices to increase the longevity of these vital joints.

Key Deal Facts

Filed FDA pre-submission (FDA pre-sub) in January 2022 for its device that monitors cartilage degradation in the knee
Completed clinical trials in several health centers in the U.S and performed ultrasounds on over 3,000 knees in the U.S., Portugal, Spain, Chile, and Colombia with the KneeVoice technology
Granted patents globally that cover the utility of its technology and product designs
Previously raised $1.2+ million from individual investors to develop its knee cartilage assessment technology
Amount Raised : $140,587
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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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