Brite Trace

Early Stage

Improving quality of life for individuals with dementia.

Analytics

Raised to Date: Raised: $60,000

Aggregate Commitments $

Platform

Wefunder

Start Date

08/22/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$2,500,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

10/02/2022

Days Remaining

210

% of Min. Goal

120%

% of Max. Goal

24%

Likelihood of Max
likely
Avg. Daily Raise

$1,463

# of Investors

3

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Louisville, Kentucky

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Brite Trace, with a valuation of $2.5 million, is raising funds on Wefunder. The company is working to improve the quality of life of people with dementia. Brite Trace is an unprecedented tool that uses a personalized profile to provide actionable insights to help caregivers connect with and help their loved ones with dementia. The company is led by an experienced team and is projected to be cash flow positive by 2025. Danten Rice and Nolan Carrico founded Brite Trace in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for MVP development, brand building, sales and marketing, and administration.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$5,516

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,516

$0

Accounts Receivable

$0

$0

Total Assets

$5,516

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/22/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Brite Trace on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

Follow company

Follow Brite Trace on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Brite Trace on Wefunder 2022

Thank you for your vote on Brite Trace on Wefunder 2022

Bullish / Bearish
You're Bearish on Brite Trace on Wefunder 2022

Thank you for your vote on Brite Trace on Wefunder 2022