About Health Cost IQ
Health Cost IQ is a private company based in Chandler, Arizona, incorporated in 2023 in Delaware. It has reported $4,017,501 raised in three offerings on Form D since October 2019. Its chief executive is Adit Parasuram.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 29, 2025 | Jun 30, 2026 | $1,499,999fully sold | 1 | $1.4M | EquityRule 506(b) | Form D ↗ |
| Jul 31, 2023 | Aug 10, 2023amended Aug 31, 2023 | $2,362,502target not set | 3 | $787K | Equity, Debt, Securities on exercise, Series Seed Preferred Stock, including the shares of Common Stock issued upon conversion of the Series Seed Preferred Stock and Series Seed Preferred Stock issued upon conversion of the convertible notes.Rule 506(b) | Form D/A ↗1 earlier filing |
| Oct 2, 2019 | Oct 29, 2019 | $155,000target not set | 3 | $51,667 | Debt, OptionsRule 506(b) | Form D ↗ |
| Total, three offerings | $4,017,501 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Health Cost IQ's Form D filed Jun 30, 2026.
Earlier filings also listed Jude Odu (chief executive officer, president, secretary, and treasurer, director, last listed Aug 2023).