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Security Type
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Common Stock
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Categories
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Technology
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Min Investment
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$199
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Offering Date
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September 23, 2022
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Expected Close Date
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January 20, 2023
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Target Raise
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$10.00K-$1.07M
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No. Investors
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116
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Security Price
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$2.24
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Valuation
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$19,478,258
- Number of Employees
- 3
- Cash
- $14,718
- Revenue
- $60,000
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-9,193
Company Description
Immergo Labs is building a virtual reality platform that allows physical therapists (PT) to transcend the limits of telehealth and provide care to patients remotely. The company is currently pre-revenue and working to refine their prototype, based on rigorous scientific research and in collaboration with in-field practitioners, to develop a truly accessible and equitable tool for the healthcare industry.
Perks
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$198+ 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.
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Friends and Family Early Birds
Invest within the first 48 hours and receive an additional 20% bonus shares.
1
days
11
hours
40
mins
46
secs
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$200+ Investment
$200 | Tier 1
Priority access and support to Immergo Beyond Platform for 1 Year after Launch.
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$500+ Investment
$500+ | Tier 2
2% bonus shares, Immergo T-Shirt, + all perks from previous tiers.
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$1,000+ Investment
$1,000+ | Tier 3
3% bonus shares, Immergo Hoodie, + all perks from previous tiers
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$2,500+ Investment
$2,500+ | Tier 4
5% bonus shares, mention on Immergo Website (if desired), Immergo founders club certificate, + all perks from previous tiers.
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$5,000+ Investment
$5,000+ | Tier 5
7% bonus shares, Video call with the founders, + all perks from previous tiers.
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$10,000+ Investment
$10,000+ | Tier 6
10% bonus shares, Access to Immergo Beyond Alpha Platform & VR Meetup with the Founders, + all perks from previous tiers.
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$20,000+ Investment
$20,000+ | Tier 7
15% bonus shares, Tour of the Company; A day in Santa Cruz w/Co-Founders, Surfing w/Co-Founder Ash, Try Local Foods at Santa Cruz Boardwalk, Hike redwood forest to the beach, Crawl of popular breweries and hidden local beaches, + all previous perks.
Key Deal Facts
Immergo labs is building what we believe to be the world’s first virtual reality telehealth platform for physical therapists. Our system connects telehealth practitioners to patients using 3D avatars and AI-generated measurements, so that they can accurately evaluate movement and guide patients through the therapeutic process remotely.
Immergo is poised to tap into the $50 billion physical and occupational therapy services market in the United States which is projected to grow to over $71 billion by 2028 (source). As adoption of telehealth platforms has accelerated, hands-on therapists are in need of better tools in order to execute a level of care on par with in-person visits.
Immergo’s core team is composed of PhDs with expertise in computer engineering, computational media, biomechanics, and robotics –their platform is actively being co-designed based on the qualitative evidence and feedback of over 200 therapists working in the physical therapy industry worldwide. This led to a quarter million dollar award from the U.S. National Science Foundation to develop this platform for profound societal impact.
Management Team / Advisory Board Bios
Sean Wells
Physical Therapy Advisor
Sean Wells, DPT, OCS, ATC, CSCS, NSCA-CPT, CNPT, CERTDN is an expert concierge PT and a member of the APTA, NATA, and NSCA. Dr. Wells owns 4 concierge PT practices, has over 10 years of private PT business experience and has led research trials in applying emerging technology to concierge patients and garnering data with products including Nike Strobe glasses, Alter G, and vibration platforms. Through his concierge PT expertise and the hands-on application of the tech for research, Dr. Wells informs the discovery of new needs, tools, or settings.Â
Greg Gewickey
Strategic Business Advisor
Greg Gewickey as a Technology Executive and Strategy Advisor at Gewickey Consulting, he engages with clients to develop robust corporate strategies. Greg has more than 35 years of industry experience in strategic planning, technology innovation, product management, and startup acceleration from organizations such as Amazon Web Services, IBM, Philips Electronics, InterActual, Walt Disney, and Warner Bros.Â
Sri Kurniawan
User Experience and Accessibility Advisor
Sri Kurniawan is the Chair and Professor of Computational Media at UC Santa Cruz, where she leads research and development of assistive technology to help people with special needs maintain a high quality of life. Kurniawan has more than 20 years of experience in human-centered design, research collaborations with companies such as Microsoft, IBM Accessibility Lab, and others. Additionally, Kurniawan specializes in VR rehabilitation and has been involved with five NSF Basic Research Grant Projects over the past decade in designing and evaluating assistive technologies.Â
Mircea Teodorescu
Engineering Advisor
Mircea Teodorescu is a Professor in the Department of Electrical and Computer Engineering at University of California, Santa Cruz. He is a systems engineer and biomechanical specialist with research focus on the development of emerging technologies to improve quality of life from bioengineering, bioelectronics, and robotics.