Congratulations on the great progress lately! I'm impressed and interested and have a few questions I'd like to ask- 1. I see the company has been around since 2017. Could you explain why progress was slow over the past 6-7 years, and what actions have been taken to drive the ...

Q: Regarding valuation, how was the $10M valuation determined in this current startup funding winter? A: Our prior round of $645k was raised on a $6M pre-money SAFE. This valuation and SAFE offering were in place before I joined the company and when the company was generating minimal early revenue. The founders had made significant investments in technology development, and the company had an early database just beginning to capture long-term outcomes. Our rationale for raising our valuation ...

Can you share your thoughts on how often you will update us on how things are progressing with your goals and business plan? Secondly, do you intend to file the annual report with the SEC? Thanks for your feedback.

Hi Karolina! Absolutely. Of course, we will comply with the required annual report filing, but more generally we intend to provide quarterly updates on our progress towards goals.

Hi there, looks like an interesting project. Can you provide some more detail on the current revenue base? How many customers make up the current base of c.$45k monthly revenues? How are these split across the different pricing packages stated on your website? Are these custom...

Hi Hamish thanks for your question! We have a 92% retention rate and several hundred customers ranging from single provider clinic to large academic programs on the provider side. We also serve industry clients like medical device companies, who are seeking sales and marketing insights from our existing database or seeking to prospectively collect data on their products for regulatory and market access requirements. About 45% of our revenue is coming from industry clients and I expect this to...

Hi Leah, Your initiative seems very relevant for our times and has a potential. I am an Angel investor, I just made a small investment. I would like to get on a call for a deeper dive. Let us connect.

Hi Prakash happy to connect. Please reach out to me at leah@databiologics.com and we can find some time in the new year!

I am Canadian, is it possible for me to participate in this opportunity?

Yes you can! We are able to track data in Canada and have several large clinics using our platform today. Are you a provider interested in the perks with our campaign or a general investor?

DataBiologics Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Rapidly growing market, 6X revenue growth Aug 2023-24 and over $500k in ARR.

Large national database of 130+ clinics, 220+ providers, 20k+ patients tracked.

Easy data entry, pre-loaded outcomes assessments, automated patient messaging, data visualization.

Glowing customer reviews and testimonials.

Clients include Emory Healthcare, OhioHealth, SoftWave, and QC Kinetix

Over 90% retention of paying customers.

Backed by two Venture accelerator/studios.

Founded by physicians, for physicians.

DataBiologics

Harnessing real patient feedback to benchmark providers and products in cash-pay medicine

$259,338

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DataBiologics

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$259,338

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