Fundraising FoxMED-COMPLIANCE IQ, INC.
Powell, US · Founded 2016 · 1 known investors
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Med-Compliance IQ develops a mobile app that captures wound images and uses patented algorithms to calculate wound area and track healing, serving as a decision-support tool for clinicians treating chronic wounds. It is marketed to outpatient wound care centers, skilled nursing facilities, hospitals, home health, podiatrists, research teams, and wound care product suppliers, with HIPAA-compliant cloud storage and FDA Class 1 510(k)-exempt status.
Founders & leadership
Board
Investors · 1
Reported raises · per SEC filings
Form D private placements$555K disclosed across 2 rounds · 2016–2017
▶$125KraisedDec 2017 · 2 investors · Other Technology
- Gary J. RossExecutive Officer, Director
- David BergeronDirector
- Offering amount
- $300K
- Amount sold
- $125K
- First sale
- Dec 2017
- Incorporated
- Corporation, Ohio, 2016
- Federal exemptions
- 04
▶$430KraisedSep 2016 · 17 investors · Other Technology
- Brett P. ThorntonExecutive Officer
- David BergeronDirector
- Gary J. RossExecutive Officer, Director
- Offering amount
- $430K
- Amount sold
- $430K
- First sale
- Aug 2016
- Incorporated
- Corporation, Ohio, 2016
- Federal exemptions
- 04
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2018 | $225K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does MED-COMPLIANCE IQ, INC. do?
- Med-Compliance IQ develops a mobile app that captures wound images and uses patented algorithms to calculate wound area and track healing, serving as a decision-support tool for clinicians treating chronic wounds. It is marketed to outpatient wound care centers, skilled nursing facilities, hospitals, home health, podiatrists, research teams, and wound care product suppliers, with HIPAA-compliant cloud storage and FDA Class 1 510(k)-exempt status.
- Who are MED-COMPLIANCE IQ, INC.'s investors?
- MED-COMPLIANCE IQ, INC.'s investors include Rev1 Ventures.
- How much funding has MED-COMPLIANCE IQ, INC. raised?
- MED-COMPLIANCE IQ, INC. has disclosed $555K raised across 2 rounds.
- Where is MED-COMPLIANCE IQ, INC. headquartered?
- MED-COMPLIANCE IQ, INC. is headquartered in Powell, US.