Carosh Compliance Solutions

Carosh Compliance Solutions

Early Stage

The most efficient and cost-effective HIPAA compliance programs.

The most efficient and cost-effective HIPAA compliance programs.

Overview

Raised this Round: Raised: $69,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/31/2023

Close Date

10/01/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$1,740,000

Valuation Cap

$2,000,000

Discount

20%

Year Founded

2012

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Crown Point, Indiana

Business Type

Growth

Carosh Compliance Solutions, with a valuation of $2 million, is raising funds on Wefunder. The company provides the knowledge and tools related to HIPAA compliance programs for small and mid-sized practices. The proprietary software-driven workshops of Carosh Compliance Solutions help medical practices and their vendors to achieve HIPAA compliance in an efficient and effective manner. Carosh Compliance Solutions provides a full range of custom HIPAA compliance programs with a client retention rate of 92%. Roger Shindell founded Carosh Compliance Solutions in January 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for contract sales person, digital marketing, and reserve.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$445,426

$447,647

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$38,948

$141,457

Summary Balance Sheet

FY 2022 FY 2021

Cash

$24,080

$10,982

Accounts Receivable

$0

$1,641

Total Assets

$89,241

$195,714

Short-Term Debt

$37,704

$16,831

Long-Term Debt

$245,607

$256,600

Total Liabilities

$283,311

$273,431

Financials as of: 01/31/2023
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Carosh Compliance Solutions on Wefunder 2023
Platform: Wefunder
Security Type: Convertible Note
Valuation: $2,000,000

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