Compass Recovery

Compass Recovery

Closed: Jun. 2021

About this raise: Compass Recovery, a substance abuse treatment facility in Agawam, MA, is raising funds on MainVest. The addiction treatment center provides personal and direct care for adults in its outpatient programs. The center offers accountability, empathy, compassion, connection, and empowerment to the patients. Dino Bedinelli founded Compass Recovery in August 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $150,000, will be used towards advertising, facility improvements, and working capital. Compass Recovery is a treatment option for over 17,000 Western Mass residents. It is offering services that are highly in need and demand.

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Investment Overview

Not Funded: $27,400

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
04/07/2021
Close Date
06/07/2021
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Company & Team

Company

Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Feeding Hills, Massachusetts
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Dino Bedinelli
Title
Executive Director

Financials

 Revenue
$0
 Monthly Burn
$6,190
 Runway
1.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-74,285

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,642

$0

Accounts Receivable

$0

$0

Total Assets

$15,902

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/07/2021 MainVest - $27,400 Revenue Share Not Funded RegCF
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Compass Recovery on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Compass Recovery may no longer be accepting investments.

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