Brazen Bio

Brazen Bio

Closed: Aug. 2021

About this raise: Brazen Bio, a biotech startup incubator, is raising funds on Wefunder. The company helps biotech entrepreneurs address unmet healthcare needs. The first program of Brazen Bio, Brazen Fellowship, is a turnkey biotech startup incubator providing its fellows with support and state-of-the-art laboratory access. Shawn Carbonell and Brent Witgen founded Brazen Bio in May 2021. The proceeds of the current crowdfunding round, with a minimum raise of $250,000 and a maximum raise of $1,070,000, will be used towards operations, hiring part-time associates, and marketing. Brazen Bio’s future programs will include Brazen Media, Brazen Events, Brazen Tools, and the Brazen Incubator.

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Investment Overview

Invested this round: $280,491

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/14/2021
Close Date
08/05/2021
Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Torrance, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Warren Carbonell
Title
CEO
Founder Name
Brent Witgen
Title
COO

Financials

 Revenue
$0
 Cash on Hand
$90

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$90

$0

Accounts Receivable

$0

$0

Total Assets

$90

$0

Short-Term Debt

$90

$0

Long-Term Debt

$0

$0

Total Liabilities

$90

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/05/2021 Wefunder - $280,491 SAFE Funded RegCF
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Brazen Bio on Wefunder 2021
Platform: Wefunder
Security Type: SAFE

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