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JuneBrain isn't accepting new investments

JuneBrain’s deadline was March 5, 2023

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JuneBrain

Remote disease monitoring | Empowering eye care and neurology communities
Women Founders Healthtech SaaS Black Founders Fight Disease Wearables
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$77,980
Raised
160
Investors
Successfully funded and closed on March 5, 2023.
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders Summary
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by JuneBrain, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
JuneBrain Crowd SAFE JuneBrain Form C.pdf
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Hear from some of the 160 people reserved or invested in JuneBrain


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Highlights


  • JuneBrain AI & automation disrupts the labor-intensive eye-scan status quo
  • $704k revenue in 2022, $733k projected revenue + backlog in 2023*
  • Awarded $1.5M in grants from the National Science Foundation (NSF)
  • Winner of DC Inno Fire Awards (2021); 1st place & $50K from H/W Cup
  • Winner of $100k Maryland Industrial Partnerships (MIPS) program
  • Reliable images captured with high-performance prototype
  • $300k+ potential initial sales with LOIs from clinics in the US + Canada*


Problem


Brain and eye diseases and disorders are on the rise, exponentially

Early detection is effective at diminishing the severity of disease progression. However, modern clinical practices and imaging tools are not conducive for weekly or even monthly exams needed to capture disease progression early.

—

Our current healthcare system
is not equipped to face these
growing numbers:

Solution


Accessible, intelligent,
easy-to-use retinal
imaging system

to solve these problems at scale.

The Neuro-i SS-OCT is a medical device pending FDA clearance that produces automated, high-performance, and repeatable imaging and analysis of retina structure and microvasculature. This technology is expected to aid clinicians in delivering more diligent diagnostic reports to patients in a timely manner.

JuneBrain®'s retinal imaging technology has the potential to identify neurological and eye diseases for the more than 1.3 billion individuals worldwide suffering from these conditions.

JuneBrain® is empowering eye care and
neurology communities through remote disease monitoring

Your browser does not support HTML5 video.

—

JuneBrain® uses the retina's power to provide physicians with the insight needed to visually assess ocular and neurological disease progression.

Product


The Neuro-i SS-OCT

Optical Coherence Tomography



How it works



Accessible + intelligent software


Traction


From grant awards & investors to a $300k+ customer pipeline 


Early Traction


—

Projected revenue*



Customers


We target customers in need of a portable and low-cost way to measure disease

  • Neurology + eye clinics
  • Telehealth programs
  • Retail Eye Centers
  • Pharmacies 
  • Primary care and urgent care clinics
  • Senior living homes
  • Pharmaceutical clinical trials
  • Patient homes

—

LOIs and customer pipeline

Business model


JuneBrain®'s go-to-market and growth strategies

Entry Market:
Clinical Trials, University Research Groups, Pharmaceutical Companies


Target Market:
In-Clinic Use and Pharmacies


Future Market:
Patient Homes & Residential Long-term Care Facilities

—

Revenue model:

Hardware + Recurring SaaS Sales


Insurance codes exist to reimburse
providers for patient eye exams

Market


Eye care is an outdated industry…

—

...and brain and eye diseases
suffer from poor monitoring:

Competition


Uniquely positioned in the vision diagnostics space


Comparing raw images of the same model retina


JuneBrain® endeavors to capture clinically equivalent images for a fraction of the hardware cost. JuneBrain®'s innovation uses AI and is expected to expedite diagnostics to capture market share from the $1.5B retinal photographer market.

Vision and strategy


From seed to scale

How JuneBrain® disrupts the OCT industry:


Potential Customers




Potential Strategic Partners


Licensing to or partnering with a pharmaceutical company or strategic partner(s) with a strong presence in the telehealth market.

Pharmacy chain currently expanding their telehealth options to improve access to care for chronic disease patients

Major manufacturer of optical systems; recent acquisitions include: Bioptigen (2015), a portable OCT company

Major biotechnology company with interest in telehealth; recent programs include: Home-Based MS Telemedicine program (UC Riverside, 2017)

Major manufacturer of optical systems raised $367 million in 2019 for future acquisitions

Funding


$1.7M in grant funding,

Including federal SBIR awards and international competition winnings
—
$585k from VCs, angels, friends and family

Founders


Samantha Scott, PhD

Founder and CEO of JuneBrain®, Inc.
Retinal and brain imaging expert


Our story


When Dr. Scott was diagnosed with myasthenia gravis, a chronic neurological disorder, she found an immediate flaw in our healthcare system: her neurologist only had the bandwidth to see her once a year. As a result, she was left on her own to understand how her disease was changing and communicate those changes to her doctor. This common clinical practice places a great burden on patients to monitor their own diseases but provides clinicians with only subjective information.

She founded JuneBrain® in response to this challenge, which is shared by a diversity of individuals living with eye and brain disease, including multiple sclerosis and macular degeneration. 

This challenge, combined with Dr. Scott’s passion for brain and eye research and developing technologies that help patients and those that care for them, was the inspiration for her founding JuneBrain.


Education


  • PhD in Biomedical Engineering from the University of Southern California
  • Graduate Certificate in Technology Commercialization from USC’s Marshall School of Business
  • BS in Biomechanical Engineering from Stanford University
  • Postdoc completed at NIH | NIAAA’s Laboratory of Neuroimaging
  • Artificial Intelligence tutorial completed at Oxford University

Capabilities


14 years experience with:

  • Customer-driven product development
  • Neuroimaging research in patients with retinal disease
  • Leading multidisciplinary teams to design and test medical devices for the retina
  • Technology commercialization

Deal terms


Valuation cap

$8,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

15%

If a trigger event for JuneBrain occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that JuneBrain is accepting.
Learn more

Maximum investment

$250,000

The largest investment amount that JuneBrain is accepting.
Learn more

Funding goal

$1.24M

The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
JuneBrain needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of JuneBrain, Inc. (currently Samantha Scott)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by JuneBrain, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
JuneBrain Crowd SAFE JuneBrain Form C.pdf

About JuneBrain

Legal Name
JuneBrain, Inc.
Founded
Jul 2019
Form
Delaware Corporation
Employees
4
Website
junebrain.com
Social Media
Headquarters
Google Map location of of JuneBrain
875 Hollins Street Suite 102 , Baltimore, MD
Headquarters
875 Hollins Street, Suite 102, Baltimore, MD, United States 21201

JuneBrain Team
Everyone helping build JuneBrain, not limited to employees

Profile picture of Dr. Samantha Scott
Dr. Samantha Scott
Founder and CEO
Profile picture of Smaa Koraym
Smaa Koraym
Product Manager
Profile picture of Nuruddin Koraym
Nuruddin Koraym
Software Engineer
Profile picture of Danielle Jones
Danielle Jones
Executive Assistant
Profile picture of Dr. Wande Akinola
Dr. Wande Akinola
Clinical Research Coordinator
Profile picture of Victoria Shelton
Victoria Shelton
Legal Assistant & Contract Manager
Profile picture of Dr. Christian Viehland
Dr. Christian Viehland
Optical Engineering Consultant
Profile picture of Reed Walker
Reed Walker
CFO Advisor, Quadrant Advisory
Profile picture of Robin Hellen
Robin Hellen
Regulatory Specialist
Profile picture of Dr. Al-Hafeez Dhalla
Dr. Al-Hafeez Dhalla
Advisor
Profile picture of Dr. Theodore  Leng
Dr. Theodore Leng
Advisor
Profile picture of Dr. Heather Moss
Dr. Heather Moss
Advisor
Profile picture of Dr. Shiv Saidha
Dr. Shiv Saidha
Advisor
Profile picture of Dr. John Paul SanGiovanni
Dr. John Paul SanGiovanni
Advisor
Profile picture of Irfan Ali
Irfan Ali
Advisor
Profile picture of Mari Ganapathy
Mari Ganapathy
Advisor
Profile picture of Iris Sherman
Iris Sherman
Advisor
Profile picture of Franklin Advisory
Franklin Advisory
Advisor
17 more team members
Dr. Samantha Scott
Founder and CEO
Smaa Koraym
Product Manager
Nuruddin Koraym
Software Engineer
Danielle Jones
Executive Assistant
Dr. Wande Akinola
Clinical Research Coordinator
Victoria Shelton
Legal Assistant & Contract Manager
Dr. Christian Viehland
Optical Engineering Consultant
Reed Walker
CFO Advisor, Quadrant Advisory
Robin Hellen
Regulatory Specialist
Dr. Al-Hafeez Dhalla
Advisor
Dr. Theodore Leng
Advisor
Dr. Heather Moss
Advisor
Dr. Shiv Saidha
Advisor
Dr. John Paul SanGiovanni
Advisor
Irfan Ali
Advisor
Mari Ganapathy
Advisor
Iris Sherman
Advisor
Franklin Advisory
Advisor

Press

MedTech Color Announces the 2023 Pitch Competition Finalists
PRWeb PRWeb
·
Jan 31, 2023

MedTech Color (MTC)-the nonprofit organization with a mission to advance the representation of persons of color in the Me...

2Gether-International's Impact on the Disabled Community
Technical.ly Technical.ly
·
Dec 7, 2022

Technical.ly shares the ground-breaking impact of 2GI on entrepreneurs with disabilities, including JuneBrain founder and...

MIPS provides matching grants for 15 tech dev projects te...
Umd
·
Sep 8, 2022

JuneBrain is the recipient of a $100k matching grant through the Maryland Industrial Partnerships (MIPS) program, which f...

Halcyon’s angel group makes its first investments of 2022
Americaninno
·
Jun 2, 2022

Among the recipients is JuneBrain, whose wearable imaging device is built to detect eye diseases.

With move to Baltimore, JuneBrain eyes growth from a base...
Technical.ly Technical.ly
·
Dec 6, 2021

The expansion of teleheath over the last two years means more providers are thinking outside the clinic. A company that m...

JuneBrain Moves to UMB BioPark for Next Phase of Growth
·
Oct 29, 2021

The University of Maryland BioPark (UM BioPark) today announced that JuneBrain Inc., a telehealth device company that emp...

Google, 2Gether-International team up on accelerator for ...
Washington Business Journal Washington Business Journal
·
Aug 11, 2021

JuneBrain joins a local startup accelerator for founders with disabilities that is launching a new tech program - with an...

JuneBrain Awarded $1M from NSF
JuneBrain v2020
·
Jul 12, 2021

Rockville, MD, June 10, 2021 - JuneBrain, Inc. has been awarded a National Science Foundation (NSF) Small Business Techno...

DC Inno's 2021 Fire Awards: Meet 50 players changing Grea...
Washington Business Journal
·
Jul 8, 2021

Dr. Samantha Scott, founder and CEO of JuneBrain, is among 50 winners of the Washington Business Journal and DC Inno Fire...

JuneBrain receives $100k to join AlphaLab Health
NEXTpittsburgh
·
Apr 7, 2021

JuneBrain is among 7 companies that will make up the first class for the business accelerator created by Innovation Works...

TEDCO's Builder Fund invests $50k in JuneBrain
Tedcomd
·
Jul 6, 2020

JuneBrain is 1 of 8 pre-seed companies selected for investment by the TEDCO Builder Fund's FY2020 cohort. These companies...

JuneBrain Wins $50k Hardware Cup Grand Prize
Alphalabgear Alphalabgear
·
May 26, 2020

Rockville medical device startup JuneBrain Inc. just took first place in the 2020 Hardware Cup International Finals from ...

Show all
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JuneBrain

JuneBrain successfully raised $77,980 from 160 investors on March 5, 2023
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Laniece, Jerry, Seko, Amu, Reed, and 155 others invested. 10 Reviews
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