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MEDWAVE SOFTWARE SOLUTIONS, INC. logo

MEDWAVE SOFTWARE SOLUTIONS, INC.

Operating

Medwave Software Solutions, Inc.

Software & AI · SaaS · Founded 2012

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World health care needs changes; we are on the forefront

Post-money valuation ⓘ
$57.6M
As of Apr 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$12,546,158
Crowd $266K · Private $12.3M · 10 rounds since 2012
Latest share price
$4.50
Reg CF · Common Stock · Aug 2021 offering price

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$41K
−$2.5M
2019
$69K
−$2.7M
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$40,905
$68,968
Cost of goods sold
$50,551
$43,134
Gross margin
-24%
37%
Net income
-$2,531,355
-$2,690,442
Taxes paid
$0
$0
Balance sheet
Cash
$1,185,956
$698,148
Accounts receivable
$2,913
$14,973
Total assets
$5,075,216
$3,771,843
Short-term debt
$228,612
$407,568
Long-term debt
$1,337,892
$936,695
Total liabilities
$1,566,504
$1,344,263
Other
Headcount
—
20

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$57.3M
pre-money
Reg CF · Common · Aug 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Rule 506(c) · Equity · Jan 2023Closed
Raised $859.2KInvestors 4
Reg CF · Common Stock · Aug 2021Closedvia WeFunder
Raised $265.8K / $1.1MInvestors 64Post-money $57.6M
Rule 506(c) · Equity · Jan 2022Closed
Raised $125KInvestors 2
Rule 506(b) · Equity · Nov 2019Closed
Raised $663KInvestors 11
Rule 506(b) · Dec 2016Closed
Raised $485.1KInvestors 10
Rule 506(b) · Dec 2016Closed
Raised $3.9MInvestors 47
Rule 506(b) · Equity · May 2016Closed
Raised $2.2MInvestors 1
Rule 506(b) · Equity · Dec 2013Closed
Raised $1.5MInvestors 13
Rule 506(b) · Debt · Jan 2013Closed
Raised $1.5MInvestors 13
Reg D · Equity · Nov 2012Closed
Raised $1MInvestors 2

Team

9 people
Dan Dimitrov Smith
CEO and Chairman of Board
Debra Espinosa
COO
Glenn Minervini-Zick
CFO
Nicholas Smith
CTO
Cathie Kosel
Member, Board of Directors
Douglas A Michael
Board Member
James Beyers
Director
Matthew Freeman
Board Member
Robert Alboher
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

64 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 15 filings on EDGAR
  • Form DApr 21, 20230001562596-23-000001
    EDGAR
  • Form DJan 18, 20220001562596-22-000001
    EDGAR
  • Form CAug 27, 20210001670254-21-000964
    EDGAR
  • Form D/AFeb 26, 20200001562596-20-000002
    EDGAR
  • Form DJan 17, 20200001562596-20-000001
    EDGAR
  • Form D/AMay 1, 20190001562596-19-000002
    EDGAR
  • Form D/AMay 1, 20190001562596-19-000001
    EDGAR
  • Form DJul 5, 20180001562596-18-000001
    EDGAR
Source: ManualCIK 0001562596Share price $4.50

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.