Achieve Clinics

Achieve Clinics

Closed: Nov. 2023

About this raise

Achieve Clinics, Inc., with a valuation of $5M, is raising funds on Wefunder. The company is revolutionizing how cancer patients can access innovative cell therapy treatments. Achieve Clinics offers a process that enables patients to preemptively undergo the critical cell therapy step of leukapheresis as early as possible – even before chemotherapy – all at no cost to them. The company has empowered cancer patients to bank their immune cells for cell therapy at no cost and has signed LOIs reflecting ~$1m+ in immediate demand. Bradley Heller founded Achieve Clinics, Inc. in December 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $120,000. The campaign proceeds will be used for outside expenses for collection/processing of patients, corporate services/personnel, repayment of deferred legal fees, conferences/travel/business development, and Wefunder fees.

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Investment Overview

Invested this round: $53,518

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
09/15/2023
Close Date
12/01/2023
Min. Goal
$50,000
Max Goal
$120,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Los Angeles, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Brad Heller
Title
CEO
Founder Name
Paul Chun
Title
CFO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$411
 Runway
8 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$512

$0

 

 

Net Income

$-4,932

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$3,290

$0

Accounts Receivable

$0

$0

Total Assets

$7,783

$0

Short-Term Debt

$4,509

$0

Long-Term Debt

$8,518

$0

Total Liabilities

$13,027

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$10,000
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/01/2023 Wefunder $5,000,000 $53,518 Convertible Note Funded RegCF
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Add to portfolio
Achieve Clinics on Wefunder 2023
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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Warning: according to the close date for this deal, Achieve Clinics may no longer be accepting investments.

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