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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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$250
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Offering Date
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October 21, 2022
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Expected Close Date
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December 29, 2022
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Target Raise
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$10.00K-$1.24M
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No. Investors
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28
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Security Price
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$5
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Valuation
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$7,680,000
- Number of Employees
- 6
- Cash
- $267
- Revenue
- $993
- Short Term Debt
- $0
- Cost of Goods
- $551
- Long Term Debt
- $0
- Net Income
- $-13,777
Company Description
MARCo Health is aiming to combat the mental health crisis through our flagship therapeutic robot MARCo - the Mental-Health Assisting Robot Companion. Our goal is to provide individuals struggling with depression, anxiety, stress, and other mental health issues, with 24/7 access to their own private, personalized care through affordable, accessible, and, yes, adorable, mental wellness companions. We have already achieved over $27K in sales, performed early-stage clinical trials, launched a mobile app with thousands of users, and distributed robots across North America, Europe, and Asia. MARCo is patented in the US, patent number 11439346.
Perks
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$250+ 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 $250 within the first 72 hours and receive 20% bonus shares
2
days
15
hours
42
mins
13
secs
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$500+ Investment
$500+ | MARCo’s Sponsor
Invest $500+ and get a MARCo swag combo + 2 years free access to the MARCo app + 5% bonus shares
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$1,000+ Investment
$1,000+ | MARCo’s Friend
Invest $1000+ and get a 15% off the price of any MARCo + 4 years free access to the MARCo app + a MARCo swag combo + 5% bonus shares
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$2,500+ Investment
$2,500+ | MARCo’s Bestie
Invest $2500+ and get 50% off the price of any MARCo + lifetime access to the MARCo app + a MARCo swag combo + 8% bonus shares
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$5,000+ Investment
$5,000+ | MARCo’s Hero
Invest $5,000+ and get a free MARCo of your choice + 2 x lifetime access to the MARCo app + a MARCo swag combo + 10% bonus shares
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$10,000+ Investment
$10,000+ | MARCo’s #1 Fan
Invest $10,000+ and get a fully customized MARCo (e.g., your choice of color, design) + MARCo swag combo + 4 x lifetime access to the MARCo app + 15% bonus shares
Key Deal Facts
We are one of the very few companies on the market to offer a physical robot for in-person care to our target demographic, focusing on five tracts of mental health interventions.
As of 2021, the global investment in mental health technology has climbed to 139% YoY (source). Adding to that, the virtual care industry has grown to 38 times its pre-pandemic levels (source).
Our team has a combined 45+ years of experience in robotics and medical devices, and our CEO was the lead engineer for a US Navy robot. Additionally, we have raised $175K from investors, and have been awarded over $30K from a combination of prize funds and grants.
Management Team / Advisory Board Bios
Attiq Amjad
CMO & Director
Attiq is a seasoned business professional with over 15 years of marketing, finance, and general management experience in the medical device and consumer goods industries. Attiq holds an MBA in marketing from Seton Hall University and a B.S. in Finance from Rutgers University.
Dr. Nithin Krishna
Chief Clinical Officer
A brilliant M&A Healthcare Specialist and Entrepreneur, M.D., and clinical researcher with 15+ years experience in psychiatry and neuroscience
Dr. Nigam Samal
Acting CTO
More than 20 years of experience in Technology and Finance
Tina Mulligan
Customer Success Manager
Accomplished professional counselor with a talent for providing social-emotional advising to adolescents, including at-risk youth and college-bound students.
John Byrne
Healthcare & Business Valuation Specialist/ M&A Advisor/ CPA ABV
More than 25 years of experience in M&A Finance and Accounting