Crowdonomics
All companies
Neuroglide logo

Neuroglide

Operating

Eva Medtec, Inc.

Healthcare · Technology · Bloomington, MN · Founded 2016

Automated lymphatic therapy (ALT) technology

Post-money valuation
$9.0M
As of Jun 2023 · from Neuroglide Common Stock 2 · pre-money + amount raised, not a traded price
Total raised
$101,002
Across 3 rounds since 2022
Latest share price
$3.00
Reg CF Offering (2024) offering price

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source
$0
−$795K
2020
$68K
−$885K
2021
$54K
−$268K
2022
$70K
−$271K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
FY2022
FY2023
Income statement
Revenue
$0
$68,149
$54,140
$70,302
Cost of goods sold
$0
$75,458
$17,807
$28,087
Gross margin
-11%
67%
60%
Net income
-$794,843
-$885,098
-$268,450
-$270,829
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$253,766
$20,486
$41,261
$6,623
Accounts receivable
$0
$0
$0
$0
Total assets
$603,758
$473,507
$452,911
$322,844
Short-term debt
$120,854
$147,154
$278,383
$157,887
Long-term debt
$31,214
$50,000
$0
$162,459
Total liabilities
$152,068
$197,154
$278,383
$320,346
Other
Headcount
4
5
4

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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$11.2M
post-money
$9.0M
post-money
Eva Medtec Common Stock 1
Neuroglide Common Stock 2

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Reg CF Offering (2024)WithdrawnReg CF · Common Equity · via ANDES CAPITAL GROUP, LLC
Raised $0 / $618K
Neuroglide Common Stock 2WithdrawnReg CF · Common Equity · via Netcapital
Raised $1.4K / $487.5KPost-money $9M
Eva Medtec Common Stock 1ClosedReg CF · Common Equity · via StartEngine
Raised $101K / $1.2MInvestors 46Post-money $11.2M

Team

8 people
David Edward RuppFounder
VP of Marketing

Mr. Rupp spent 15+ years as a National Marketing Manager where he planned, created, and directed the department’s strategic plan and oversaw planning and implementation of 5 national product lines that saw company wide sales more than triple in 4 years.

Irene Anne WaldridgeFounder
Founder/CTO

Irene Waldridge, Founder & CTO. Irene Waldridge is a seasoned executive and entrepreneur with over 27 years inventing medical devices. She is the Founder of two companies, Tactile Medical and Eva Medtec. At Tactile Medical, Irene invented and developed the Flexitouch device for treating lymphedema and venous insufficiency. She has held a variety of executive positions, including CEO, Chairman of the Board and CTO. She is also the inventor of the FDA-cleared, OTC, Neuroglide™ Pain Relief and Recovery System to help patients with acute/chronic pain, and increase lymphatic circulation for the removal of harmful cellular waste from the body's soft tissues.

John Foster DinussonFounder
President & CEO

John was the Founder and President of OrthoCor Medical, which was acquired by Caerus Crop. He brings over 25 years of leadership in diverse areas, including venture capital, finance and operations. John’s primary experience was at Blumberg Capital, an early-stage venture capital firm that specializes in leading Seed and Series A rounds in syndication with angels, venture capital firms and strategic investors. John led Initiative Ventures where he worked with early stage Minnesota based ventures. He has worked with many successful start-up companies in obtaining financing and in their growth efforts. He currently works in an advisory capacity with several early stage companies.

Toni May HastingsFounder
VP of Administration

20 years of experience working with pain management clinics, and 5 years of experience with Class II medical devices, R&D and manufacturing/operations.

Irene Waldridge
Chief Executive Officer
Dan Sipple, DO
Medical Advisor

Dr. Daniel Sipple is board certified in physical medicine and rehabilitation with sub-specialty board certification in pain medicine. He trained at the Rehabilitation Institute of Chicago, now the Shirley Ryan Ability Lab, the #1 rated rehabilitation hospital in US News and World Report over 20 years running. He served on faculty at Northwestern University Medical School while working at RIC’s American Academy of Pain Medicine Center of Excellence. He subsequently practiced in Denver Colorado for two years, working along side former team physicians of the Denver Broncos and Colorado Rockies. Thereafter, at the Mayo Clinic in Eau Claire, Wisconsin via the Pain Clinic of NW Wisconsin. He served as the medical director the Health East Spine Center, and service line medical director over Neurosurgery, Behavioral Health, Pain and Spine for the health system. Dr. Sipple is the co-founder of InSitu Biologics, and co-inventor of INSB 200, sustained release non-opiate pain killer for post operative pain set to enter phase I FDA clinical trials in 2022. He is the patent holder in safe needle technology and the founder of Acies Medical. He served on the Board of Directors for the Society for Brain Mapping and Therapeutics, a NASA Spinout, and part of President Obama’s BRAIN Initiative.

Doug Goldstein, DPT
Medical Advisor

Doug earned his Doctorate in Physical Therapy from The University of Colorado School of Medicine – Physical Therapy Program. His primary focus is in orthopedics where he is both board certified and fellowship trained. His specialization is performance enhancement and advises athletes from the NFL, NBA, USA Men’s/Women’s Soccer, MLS, MLB, UFC, USA Track and Field. He most recently founded Launchpad Fitness which utilizes AI computer vision to provide youth athletes performance training.

Mark Melin, MD
Medical Director

M. Mark Melin MD FACS RPVI FACCWS, is a surgeon and Medical Director of the M Health Wound Healing Institute (South Campus) and an Adjunct Associate Professor in the University of Minnesota Surgical Department. His interests and educational niches include management of lymphedema/lymphatic stasis in the wounded patient, the endothelial glycocalyx, adjunctive micronutrient and bionutrient application to wound care, diosmin Micronized Purified Flavonoid Fraction (MPFF), polygenic abnormality impact upon wound resolution, wound pH and biofilm management, and emerging technologies in wound products and wound technologies.

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

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

46 investors
holder-count proxy

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

  • Form DMay 8, 20250001648927-25-000002
    EDGAR
  • Form C-WMar 6, 20250001648927-25-000001
    EDGAR
  • Form CNov 20, 20240001648927-24-000003
    EDGAR
  • Form C-TRNov 15, 20240001648927-24-000002
    EDGAR
  • Form DAug 21, 20240001648927-24-000001
    EDGAR
  • Form C/AJun 8, 20230001669191-23-000565
    EDGAR
  • Form C/AApr 27, 20230001669191-23-000370
    EDGAR
  • Form C/AApr 21, 20230001669191-23-000341
    EDGAR
Source: ManualCIK 0001648927MNShare price $3.00

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.