About this raise

Aura, with a valuation of $55 million, is raising funds on Republic. It is a mental wellness marketplace providing content, coaching, and community for mental health services. The marketplace enables mental health coaches and therapists to shift digital and individuals to access personalized mental wellness content, coaching, and community services. Aura has over 7 million users, more than 100,000 paying subscribers, and $7 million ARR. Steve Lee and Daniel Lee founded Aura in December 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used to add more users, coaches, and content.

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Investment Overview

Invested this round: $483,652

Deal Terms

Total Commitments

Platform
Republic
Start Date
10/04/2022
Close Date
12/08/2022
Min. Goal
$25,000
Max Goal
$5,000,000
Min. Investment

$150

Security Type

SAFE

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$55,000,000

Discount

0%

Company & Team

Company

Year Founded
2015
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
San Francisco, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Steve Lee
Title
CEO
Founder Name
Daniel Lee
Title
Chief Product Officer and President

Financials

 Revenue +83% YoY
$4,837,485
 Monthly Burn
$253,047
 Runway
1.7 months
 Gross Margin
66%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$4,837,485

$2,640,095

COGS

$1,651,201

$877,575

Tax

$0

$0

 

 

Net Income

$-3,036,566

$-413,281

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$420,340

$1,169,761

Accounts Receivable

$51,415

$231,547

Total Assets

$1,159,577

$1,785,637

Short-Term Debt

$3,502,510

$1,454,761

Long-Term Debt

$6,468

$129,803

Total Liabilities

$3,508,978

$1,584,564

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,926,995
VC Backed?
Yes
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Aura Health (previously Aura) 07/05/2024 DealMaker Securities $82,243,431 $1,201,157 Equity - Preferred Funded RegCF
Aura Health (previously Aura) 04/29/2024 DealMaker Securities $60,000,000 $1,479,836 Equity - Preferred Funded RegCF
Aura Health (previously Aura) 04/30/2023 DealMaker Securities $60,000,000 $2,959,827 Equity - Preferred Funded RegCF
Aura 12/08/2022 Republic $55,000,000 $483,652 SAFE 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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Add to portfolio
Aura on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $55,000,000

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