Beyond Wellness
About this raise
Beyond Wellness, with a pre-money valuation of $21 million, is raising funds on NetCapital. The company provides direct-to-consumer DNA testing, analysis, and reporting for clinicians and medical professionals. The reporting is used by the consumers for the detection, diagnosis, and treatment of various medical disorders. Karen Parmenter founded Beyond Wellness in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $5,000,000, will be used for marketing, product development, equipment purchases, future wages, and website development. Beyond Wellness offers three specific DNA tests, including cardiac tests, viral immunity tests, and nutrition and fitness tests. The customers can also purchase a one-time-only full DNA genome sequencing testing report.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $11,809
- Monthly Burn
- $19,457
-
Runway
- 0.2 months
- Gross Margin
- 44%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/04/2021 | Netcapital | $21,000,000 | $0 | Equity - Common | Not Funded | RegCF |