Fist Assist Devices on Rialto Markets 2022

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Analytics

Security Type

Equity – Common

Pre-Money Valuation

$10,000,000

Reporting Date

07/11/2022

Likelihood of Max

Momentum

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Location

Las Vegas, Nevada

Industry

Healthcare & Pharmaceuticals

Fist Assist Devices, with a valuation of $10 million, is raising funds on Rialto Markets. The company has developed the world’s first self-contained pneumatic compression device. The device is battery-operated and wearable and comes with a small unit attached to an inflatable cuff held to the upper extremity. The Fist Assist Model FA-1 device helps to improve arm circulation for arm wellness and supports patients through their medical care journeys. Dr. Tej Singh founded Fist Assist Devices in March 2013. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,000,000. The campaign proceeds will be used for global marketing, regulatory expenses, legal fees, and general and administrative expenses.

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