Crowdonomics
All companies
Retina Technologies logo

Retina Technologies

Operating

Retina Technologies, Inc.

Healthcare · New York, DE · Founded 2019

An affordable, digital vision testing platform

Post-money valuation ⓘ
$12.3M
As of Aug 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$554,395
Crowd $296K · Private $258K · 2 rounds since 2022
Latest share price
$2.34
Reg CF · Common Stock · Jan 2022 offering price

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$0
$5K
2019
$0
−$74K
2020
$0
−$412K
2021
$0
−$380K
2022
$0
−$181K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed
FY2021 reviewed
FY2022 unaudited
FY2023 unaudited
Income statement
Revenue
$0
$0
$0
$0
$0
Cost of goods sold
$0
$0
$0
$0
$0
Net income
$5,363
-$73,806
-$412,234
-$379,772
-$180,805
Taxes paid
$2,156
$0
$0
$0
$0
Balance sheet
Cash
$8,100
$109,961
$35,935
$19,720
$6,557
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$8,100
$111,436
$46,536
$21,661
$8,950
Short-term debt
$2,737
$19,861
$264,194
$292,100
$446,911
Long-term debt
$0
$155,000
$258,000
$258,000
$267,000
Total liabilities
$2,737
$174,861
$522,194
$550,100
$713,911
Other
Headcount
—
7
7
7
5

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
$12.0M
pre-money
Reg CF · Common · Jan 2022

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

Fundraising history

Raised $296.4K / $1.1MInvestors 236Post-money $12.3M

Team

11 people
Aashay D PatelFounder
Head of Retinal Imaging

Aashay brings his experience in imaging science, optical engineering, and high-tech startups to Retina Technologies where he takes lead on the development of the HD retinal imaging module and technology pipeline for future applications. As a RetTech co-founder, in his final year as a medical student at Mount Sinai where he is focused on clinical Ophthalmology, he collaborates with the rest of the team to implement and validate machine learning algorithms for automated screening of retinal images. With his BS in Bioengineering, Aashay has co-founded an oral imaging company, interned at medical engineering and VC firms, and worked in research labs including UIUC's Beckman Institute for Advanced Science & Technology and the University of Chicago.

Aly AA VallianiFounder
Head of Machine Learning

Aly leads algorithm development, data processing, and analysis. He co-founded Retina Technologies to apply his passion for solving unmet clinical needs at scale through the application of machine learning and novel technologies and is developing novel vision screening and computer vision tools for the automated detection of a range of ophthalmologic conditions. Aly is a medical student at the Icahn School of Medicine at Mount Sinai focused on neuroscience and precision medicine and has previously worked for early-stage healthcare startups applying software solutions to tackle problems in emergency medicine and gastroenterology.

Andrew J WarburtonFounder
Treasurer & Head of VR Development

Andrew took the lead early on as the Architect and VR Developer of our OcuVue digital vision screening platform where he is helping to transform RetTech’s vision into reality. As a co-founder, and fourth-year medical student at Mount Sinai, he had always dreamed of working with like-minded individuals to come up with innovative solutions to solve real-world problems through patient centered technology. Experienced in IP creation and running point on RetTech’s patents, he is also currently working in multiple computational research labs looking to improve patient care, surgical outcomes, and reduce unwanted drug-drug interactions across many fields.

Claudio R SerafiniFounder
Chief Executive Officer

As CEO of RetTech, Claudio R Serafini (Randy) brings over 40 years of innovating complex, leading edge technology solutions in both high-tech startups and Fortune 500 companies where he has held many senior leadership roles across a range of operational disciplines including marketing, sales, product management, and high-volume operations. Skilled at building high-performance teams, and successfully developing and executing comprehensive go-to-market strategies that target enterprise-class, integrated technology solutions into Fortune 500 and Global 2000 markets at scale, Randy is excited to be leading the team that will change the future of digital vision care.

Margarita LabkovichFounder
Secretary & Head of Clinical Trials

Margarita Labkovich (Margo) is responsible for working closely with vision care experts to design and execute IRB-approved validation studies to measure clinical performance of RetTech technology as a screening tool for use in clinical settings compared to existing in-office analogs. As a medical student at Mount Sinai and in her global health missions, she sees the pressing need for the increased early detection of eye disease that would allow for improved access to quality, affordable vision screening. In addition to medical training, she works tirelessly supporting STEM education, medical missions, and volunteer work in underrepresented communities with high medical needs.

Randal A Serafini, MSFounder
President & Chief Operating Officer

As an MD/PhD candidate at Mount Sinai and aspiring ophthalmologist, Randal A Serafini (Alex) sees firsthand the impact of the lack of early detection leading to late-stage vision loss and blindness which could have been treated. Alex is a co-founder and COO of Retina Technologies, and believes OcuVue™ is poised to be the first digital vision screening technology that brings together primary care and vision specialists in order to reduce the needless loss of vision around the world. Alex graduated with his MS in Neuroscience from Johns Hopkins University with experience in MedTech startups, IP generation, and finance, and manages grant submissions, intellectual property, fundraising, and the cross-functional relationships within Mount Sinai.

Sumeet Murarka, MBAFounder
Chief Technology Officer

Sumeet served as Chief Information Officer and Director of Information Technologies at Community Care Physicians, P.C. (CCP) since 2004. He has a broad-based background and expertise in healthcare information technology (HIT) stemming from over 3 decades of experience in healthcare institution-wide systems integration and management consulting services. Sumeet champions a stronger “patient as the consumer” model to minimize duplication of clinical efforts by integrating health information exchange (HIE) systems and methodologies between primary and secondary healthcare providers.

Deborah McGuinness, PhD
Machine Learning Advisor

Dr. McGuinness is currently the Tetherless World Senior Constellation Chair at the Rensselaer Polytechnic Institute.She is world renowned in semantic technologies and has applied them in a number of areas including machine learning, data harmonization and annotation among others, with over 550 publications and 49,000 citations. Dr. McGuinness advises a number of software-focused companies and is currently providing guidance on data collection, annotation, and algorithm development at Retina Technologies.

James Tsai, MD
Ophthalmic Medical Advisor

Dr. James Tsai is President of New York Eye and Ear Infirmary of Mount Sinai, the nation’s first and longest operating specialty hospital. He also serves as System Chair and Delafield-Rodgers Professor of Ophthalmology at the Icahn School of Medicine at Mount Sinai. Tsai earned his M.D. from Stanford University and M.B.A. at Vanderbilt University. He completed his ophthalmology residency at USC-Doheny Eye Institute and glaucoma fellowships at Bascom Palmer Eye Institute and Moorfields Eye Hospital.

Show 2 more people
Namrata Saroj, OD
Ophthalmic Technologies Mobilization Advisor

Dr. Saroj is an independent consultant with over 20 years of experience focusing on developing new drugs and technologies for advancing ophthalmic care. Prior to this, she led Ophthalmology Medical Affairs as an Executive Director at Regeneron Pharmaceuticals, Inc supporting the commercialization of EYLEA, one of the highest grossing biologic products in this sector. Dr. Saroj currently advises on the development and commercialization strategies for various components of the OcuVue platform.

Rebecca Kammer, OD/PhD
Test Design and Clinical Validation Advisor

Dr. Kammer currently serves as the Vice President of Clinical Operations for jCyte, a leading clinical-stage ophthalmic company. Dr. Kammer has experience in both the virtual reality and retinal imaging fields and has provided guidance on the design and development of these components of the OcuVue platform. Dr. Kammer has also assisted with the design of the company's ongoing clinical trials.

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 3 of 5 annual reports (FY2021–FY2025)

236 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 C-TRFeb 13, 20250001665160-25-000249
    EDGAR
  • Form C-ARApr 9, 20240001665160-24-000333
    EDGAR
  • Form C-ARMay 1, 20230001665160-23-001079
    EDGAR
  • Form C-UAug 31, 20220001665160-22-002324
    EDGAR
  • Form C/AJul 28, 20220001665160-22-002112
    EDGAR
  • Form C/AJun 27, 20220001665160-22-001903
    EDGAR
  • Form C/AApr 27, 20220001665160-22-000989
    EDGAR
  • Form C-ARApr 26, 20220001665160-22-000811
    EDGAR
Source: ManualCIK 0001898851DEShare price $2.34

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.