JuneBrain

Remote disease monitoring | Empowering eye care and neurology communities

Print
Claim My Business
Form C
View on Republic
Security Type
Crowd SAFE
Min Investment
$100
Location
BALTIMORE, MD
Offering Date
September 27, 2022
Expected Close Date
March 04, 2023
Target Raise
$25.00K-$1.24M
No. Investors
161
Security Price
$1
Website
junebrain.com
Number of Employees
4
Cash
$231,098
Revenue
$0
Short Term Debt
$39,422
Cost of Goods
$0
Long Term Debt
$150,000
Net Income
$139,921

Company Description

The Neuro-i SS-OCT is an investigational device that produces automated, high-performance, and repeatable imaging and analysis of retina structure and microvasculature — aiding clinicians in delivering more diligent diagnostic reports to patients in a timely manner.

Key Deal Facts

JuneBrain AI & automation disrupts the labor-intensive eye-scan status quo
$874k revenue + backlog in 2022, $1.5M projected revenue in 2023*
Awarded $1.5M in grants from the National Science Foundation (NSF)
Winner of DC Inno Fire Awards (2021); 1st place & $50K from H/W Cup
Winner of $100k Maryland Industrial Partnerships (MIPS) program
High-performance prototype clinically equivalent to market leader Zeiss
$300k in potential initial sales with LOIs from clinics in the US + Canada

Management Team / Advisory Board Bios

Samantha Scott
Founder

Nadim Farhat
Senior Software Developer

Smaa Koraym
Product Manager

Nuruddin Koraym
Junior Software Developer

Danielle Jones
Executive Assistant

Wande Akinola
Clinical Research Coordinator
Amount Raised : $79,780
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment