Aphios Pharma


About this raise: Aphios Pharma, with a valuation of $71 million, is raising funds on Wefunder. The company is developing cannabis-based therapeutics for pain, anxiety, opioid use disorder, and multiple sclerosis. The green biotech company is developing the technology for sustained release of nano encapsulated cannabinoids for chronic medical needs. Aphios Pharma has received grants from the National Cancer Institute, NCCIH, and National Institute of Drug Abuse and has spent millions of dollars on drug manufacturing and drug delivery technologies. Trevor P. Castor founded Aphios Pharma in July 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, R&D, and G&A expenses.

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Investment Overview

Invested this round: $97,041

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/04/2021
Close Date
07/31/2022
Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$70,000,000

Valuation Cap

$71,000,000

Discount

10%

Company & Team

Company

Year Founded
2018
Industry
Healthcare & Pharmaceuticals
Tech Sector
Biotech
Distribution Model
B2B2C
Margin
High
Capital Intensity
High
Location
Woburn, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Trevor Castor
Title
President & CEO

Financials

 Revenue
$0
 Monthly Burn
$1,328
 Runway
1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-15,935

$-1,976

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,386

$1,524

Accounts Receivable

$25,915

$41,712

Total Assets

$27,301

$43,236

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/01/2025 Netcapital $68,959,967 $30,544 Equity - Common Active RegCF
07/31/2022 Wefunder $71,000,000 $97,041 SAFE Funded RegCF
01/31/2019 Netcapital $101,070,000 $48,152 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Aphios Pharma on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $71,000,000

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