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Security Type
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Common Stock
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Categories
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Healthcare & Medical
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Min Investment
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$500
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Offering Date
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September 02, 2022
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Expected Close Date
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December 28, 2022
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Target Raise
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$10.00K-$1.00M
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No. Investors
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25
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Security Price
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$10
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Valuation
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$13,655,220
- Number of Employees
- 2
- Cash
- $58,001
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $679,581
- Net Income
- $-572,813
Company Description
Milo allows you to see and control your own prescriptions on your smartphone. Without Milo, your prescriptions reside in the locked, private database of a pharmacy, making price comparison difficult. With Milo’s digital prescription wallet, you can see and control your own prescriptions on your smartphone, putting the power back in the hands of the patient. Our company is pre-revenue, and we have a patent application for using an internet-enabled device to receive, hold, and manage a prescription on behalf of a patient.
Perks
StartEngine OWNERS Exclusive Click here to learn more
$500+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Friends and Family Early Birds
Invest within the first 72 hours and receive 20% bonus shares
2
days
10
hours
20
mins
3
secs
Super Early Bird Bonus
Invest within the first week and receive 15% bonus shares
6
days
10
hours
20
mins
3
secs
Early Bird Bonus
Invest within the first two weeks and receive 10% bonus shares
13
days
10
hours
20
mins
3
secs
$500+ Investment
$500+ | Tier 1
Invest $500+ and join the Private Owner’s Group (exclusive quarterly updates early access to platform updates) + receive a weekly pill organizer with the Milo logo.
$1,000+ Investment
$1,000+ | Tier 2
Invest $1000+ and join the Private Owner’s Group + receive a totebag with one of our custom licensed illustrations.
$2,500+ Investment
$2,500+ | Tier 3
Invest $2500+ and receive 5% bonus shares + join the Private Owner’s Group.
$5,000+ Investment
$5,000+ | Tier 4
Invest $5000+ and receive 10% bonus shares + join the Private Owner’s Group.
$10,000+ Investment
$10,000+ | Tier 5
Invest $10,000+ and receive 15% bonus shares + coffee or cocktails in Manhattan with Milo's cofounders or private zoom call + join the Private Owner’s Group.
$25,000+ Investment
$25,000+ | Tier 6
Invest $25,000+ and receive 20% bonus shares + in person or zoom strategy session with founding team + join the Private Owner’s Group.
Key Deal Facts
Several of our pilot users told us that they saved thousands of dollars in less than a year by using Milo to become empowered shoppers for their own prescription medication.
Milo is entering an addressable market of $348 Billion.*
We are here to transform the prescription marketplace from an opaque market to a great customer experience. In 2019, there were 4.38 billion prescriptions filled in the United States. Our goal is for 1% (43.8M) or more of all US prescriptions to move through Milo’s app.**
Management Team / Advisory Board Bios
Brad Schammel
Chief Pharmacy Officer and Counsel
Brad is a "double threat" with degrees in pharmacy and law. He has held many positions at the intersection of American law and pharmacy practice, most recently on the team that arranged for CVS/Caremark to take over the pharmacy business inside Target stores.Â
Alex Zuzin
Chief Technology Officer
Alex has over 20 years of software architecture and leadership experience. Most recently, he specialized in scaling micro-services and data pipelines in the cloud, and bootstrapping startup engineering teams.
Patty Ratermann
Director of Operations
Patty is a startup veteran, creating and implementing systems and processes across industries, from agriculture to accelerator tech - scaling products that help people to live better.