Arcade Therapeutics
About this raise: Arcade Therapeutics, with a valuation of $12.5 million, is raising funds on Wefunder. The company is revolutionizing the therapeutic gaming industry with its evidence-backed games to treat depression, anxiety, and addiction. Arcade Therapeutics makes clinically effective and accessible game-based treatments, with their effectiveness supported by rigorous scientific evidence. The company recently conducted an FDA-reviewed trial for its anxiety game, and 90% of the people saw a significant reduction in their symptoms in 30 days. Raj Amin and Tracy Dennis-Tiwary founded Arcade Therapeutics in September 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for continued game and platform improvements, sales and marketing, and operations costs.
Investment Overview
Committed : $58,533
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 08/06/2024
- Close Date
- 02/28/2025
$50,000
$1,235,000
$250
SAFE
Seed
RegCF
$10,000,000
$12,500,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,065,053
- Grants
- $3,800,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/28/2025 | Wefunder | $12,500,000 | $58,533 | SAFE | Active | RegCF |