Planted Recovery Telehealth
Early Stage
Crowd-owned 100% virtual addiction treatment Center right to your kitchen table
Overview
Raised: $30,100
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/14/2021
Close Date
09/02/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,000,000
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/04/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$176
# of Investors
10
Momentum
Not Funded
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Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Planted Recovery Telehealth, with a $5 million valuation cap, is raising funds on Wefunder. The company aims to bring world-class addiction treatment to anyone, anywhere, at the moment of need. It is a HIPAA-secure telehealth company with an efficient patient engagement platform. Scott Ankeny founded Planted Recovery Telehealth in September 2019. The current crowdfunding campaign has a minimum goal of $50,000 and a maximum goal of $250,000, and the funds will be used for licensing, accreditation, product development, technology infrastructure, and provider network development. Planted Recovery Telehealth will cater to patients through its 12-week programs and 52-week aftercare options.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$12,751 |
$0 |
|
COGS |
$53,452 |
$25,519 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-51,280 |
$-30,357 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$14,455 |
$1,393 |
|
Accounts Receivable |
$1,000 |
$0 |
|
Total Assets |
$15,455 |
$1,393 |
|
Short-Term Debt |
$7,092 |
$1,750 |
|
Long-Term Debt |
$5,000 |
$5,000 |
|
Total Liabilities |
$12,092 |
$6,750 |
Financials as of: 03/14/2021
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