Choix
About this raise: Choix, with a valuation of $12 million, is raising funds on Republic. The company has developed a platform to expand access to high-quality and affordable abortion care. The business is offering telehealth services for expanding access and breaking down barriers related to abortion care. Choix has more than 300 average monthly patients and over $97,000 in average monthly revenue. Aisha Wagner, Cindy Adam, Lauren Dubey, and Mark Adam founded Choix in September 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $2.5 million. The campaign proceeds will be used for deepening partnership strategies, the creation of a Spanish language website, the addition of 24/7 medical and doula support for all patients, and developing the ReproBenefits business model.
Investment Overview
Invested : $135,200
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 10/06/2022
- Close Date
- 01/28/2023
$25,000
$2,500,000
$100
SAFE
Seed
RegCF
$12,000,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $542,590
- Monthly Burn
- $435
-
Runway
- 24+ months
- Gross Margin
- 64%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,050,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/28/2023 | Republic | $12,000,000 | $135,200 | SAFE | Funded | RegCF |