Stay Clean
Early Stage
We are a cloud-based telemedicine program and community for addiction treatment
Overview
Raised: $56,276
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/12/2021
Close Date
08/31/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.50
Pre-Money Valuation
$3,970,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/04/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$245
# of Investors
44
Momentum
Funded
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Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Stay Clean, with a pre-money valuation of $3.97 million, is raising funds on Wefunder. The company offers addiction treatment through its HIPAA secure telemedicine platform. The addicts and codependents get to access self-guided life skill tutorials, meet certified clinicians, and have an online recovery community through the Stay Clean platform. Michael Coleman and Gene Gilchrist founded Stay Clean in 2017 and have raised over $100,000 since the inception. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards sales and marketing, clinical staff, and general expenses. Stay Clean is led by an experienced team of health care providers and offers comprehensive treatment and recovery.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$250 |
$0 |
|
COGS |
$62 |
$0 |
|
Tax |
$190 |
$205 |
| ||
| ||
|
Net Income |
$-9,331 |
$-49,623 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$379 |
$5,377 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$379 |
$5,377 |
|
Short-Term Debt |
$0 |
$5,000 |
|
Long-Term Debt |
$59,333 |
$50,000 |
|
Total Liabilities |
$59,333 |
$55,000 |
Financials as of: 01/12/2021
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