CONCORD – HealthCoin Exchange, a North Carolina corporation, is looking to raise as much as $4 million in equity funding, according to a securities filing.
The company, headed by President Erik Osborne, disclosed in its first filing that it has already secured $80,000 and that the minimum investment will be $10,000.
Osborne’s LinkedIn profile notes that he holds a “a unique multidisciplinary background in communication, counseling, medicine and business.”
The profile also continues to note: “My current team and I have found a way to crack the code to making healthcare affordable for all. All we’ve ever heard was that “the healthcare problem in America is not fixable.” But, rest assured, we have a solution that will bring financial relief to American businesses and people, pay providers justly, quickly and efficiently, and vastly reduce medical fraud and waste, as well as redundant and unnecessary costs. We look forward to revealing this plan to America soon. America meet Healthcoin Exchange.”
According to Osborne’s profile, the company offers “transparent access to healthcare needs.”
The company was founded in May 2021, according to business filings recorded with the North Carolina Secretary of State’s Office.
Osborne did not immediately respond to a request from WRAL TechWire to comment on this story.
Despite venture deals slowing, NC deal making expected to be resilient in 2023, VCs say
What’s happening with health tech startups in North Carolina?
Early-stage health startups have found success in raising pre-seed funding over the prior year, and though the venture capital markets have shifted somewhat in late 2022, local investors remain bullish on North Carolina startups.
Raleigh-based Social Cascade secured initial funding of $75,000 to fuel its growth in September 2022. The company seeks to combat health misinformation by empowering health professionals on social media websites such as TikTok and Instagram.
Last January, Truentity Health closed a $1 million pre-seed round.
CureMint, a provider of software for dental practices, closed an additional $1.2 million earlier this month.
