This company is no longer in business. Investors can get details about any potential exits or failures here.

Choix

Choix

Early Stage

Breaking down barriers to abortion and reproductive care

Breaking down barriers to abortion and reproductive care

Overview

Raised this Round: Raised: $135,200

Total Commitments ($USD)

Platform

Republic

Start Date

10/05/2022

Close Date

01/28/2023

Min. Goal
$25,000
Max. Goal
$2,500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

0%

Year Founded

2020

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

San Rafael, California

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$542,590

$29,313

COGS

$193,457

$9,260

Tax

$0

$0

 

 

Net Income

$-5,225

$-19,403

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$67,418

$23,279

Accounts Receivable

$0

$0

Total Assets

$67,418

$23,279

Short-Term Debt

$52,046

$2,682

Long-Term Debt

$40,000

$40,000

Total Liabilities

$92,046

$42,682

Financials as of: 10/05/2022
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Choix on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $12,000,000

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