Cloud DX cover feature

Cloud DX

We sell advanced medical devices & software apps for remote patient monitoring, inspired by science fiction
$146,668 Raised
Ended May 1st
210 Investors
High Growth
According to the SEC, this company has grown their revenue 919% in the past fiscal year.

Cloud DX creates easy-to-use medical devices and mobile apps that help people get medical care at home. As of January 2019, our Connected Health solution became reimbursed by US Medicare, that means over 19 million US Medicare patients are now eligible to receive Remote Patient Monitoring at no cost, or with a small co-pay. We have won many awards for innovation, including Bold Epic Innovator in the Qualcomm Tricorder XPRIZE and we have received 100% patient satisfaction in 3rd party surveys.

Why you may want to invest
  1. Winner of Tricorder XPRIZE "Bold Epic Innovator" and Fast Company "World Changing Idea" 2018 among other awards

  2. Six successful seed rounds have raised over $11 million so far, without Venture Capital. We are financed by our customers! 

  3. Our Connected Health kits include futuristic FDA-cleared devices and software that doctors give patients to remotely monitor their health. The upcoming Vitaliti wearable monitors your major vital signs in real time at hospital level accuracy, to improve recovery after surgery (among many other potential uses).

  4. Strong sales channel partnerships project sales of nearly $4 million in 2019

  5. Our sales are growing both in the USA and Canada, with projects starting in 2019 in Africa and the Middle East

  6. Nearly 100 doctors have already invested. In April 2018 we closed our 5th funding round, which was oversubscribed and raised $4.3 million

  7. The Cloud DX Intellectual Property portfolio includes 9 patents or patents pending & is growing

  8. Our technology is supported by published, peer reviewed articles in leading medical and engineering journals. 

Learn more about this company

Company Details

Location
Brooklyn, NY
Founded
2014
Employees
40

Key Team Members

Michele
Middlemore
Sandeep (Sonny) S. Kohli
Co-founder & Chief Medical Officer
Anthony Kaul
Chief Operations Officer

Financials

Most recent Fiscal Year

Income Statement

Revenue
919%
$387,120
Cost of Goods Sold
172%
$50,266
Gross Profit
1627%
$336,854
Taxes
$0
Net Income
17%
-$2,659,271

Balance Sheet

Total Assets
14%
$1,851,729
Cash
$209,628
Accounts Receivable
11457%
$93,150
Short Term Debt
10%
$591,688
Long Term Debt
450%
$2,290,547

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