Brazen Bio
Early Stage
Helping biotech founders advance human health
Overview
Raised: $280,491
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/13/2021
Close Date
08/05/2021
Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
Uncapped
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$12,750
# of Investors
190
Momentum
Funded
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Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Brazen Bio, a biotech startup incubator, is raising funds on Wefunder. The company helps biotech entrepreneurs address unmet healthcare needs. The first program of Brazen Bio, Brazen Fellowship, is a turnkey biotech startup incubator providing its fellows with support and state-of-the-art laboratory access. Shawn Carbonell and Brent Witgen founded Brazen Bio in May 2021. The proceeds of the current crowdfunding round, with a minimum raise of $250,000 and a maximum raise of $1,070,000, will be used towards operations, hiring part-time associates, and marketing. Brazen Bio’s future programs will include Brazen Media, Brazen Events, Brazen Tools, and the Brazen Incubator.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$90 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$90 |
$0 |
|
Short-Term Debt |
$90 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$90 |
$0 |
Financials as of: 07/13/2021
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