About this raise
Canine Biologics, with a valuation cap of $6.5 million, is raising funds on Wefunder. The company makes nutrition products to support dogs battling cancer. It uses the highest-quality ingredients, top-tier expertise, and inspired thinking to make pet nutrition products with specialized supplements, vitamins, and minerals. Jeff Sutherland founded Canine Biologics in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used for marketing, sales, payroll, working capital, and administrative costs. Canine Biologics has reported six consecutive months of positive revenue growth. It is a unique company with an expanded product roadmap, including a liquid diet for dogs and formulated treats.
Investment Overview
Invested $57,571 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Pet Health, Food, and Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $5,823
- Monthly Burn
- $29,460
-
Runway
- 3.4 months
- Gross Margin
- 3%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
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.