Earkick

Earkick

Early Stage

Your Personal Mental Health Companion

Your Personal Mental Health Companion

Overview

Raised to Date: Raised: $6,850

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/09/2023

Close Date

02/23/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$11,000,000

Valuation Cap

$12,500,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/03/2023

Days Remaining

82

% of Min. Goal

14%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$285

Momentum
cool.svg
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Year Founded

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Location

San Francisco, California

Earkick, with a valuation of $12.5 million, is raising funds on Wefunder. The company has developed a personal mental health companion to improve mental health for Gen-Z in real-time. Earkick enables users to measure their mental health immediately and improve it using online support. The platform works for mental health tracking and real-time intervention and targets Gen-Z individuals with anxiety and depression. Earkick has a 4.8 star rating from over 30,000 users and has reported 34% mood improvement and 32% anxiety reduction. Herbert Bay founded Earkick in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for product and development, marketing, and operations.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-128,793

$-95,264

Summary Balance Sheet

FY 2022 FY 2021

Cash

$436,893

$602,083

Accounts Receivable

$0

$0

Total Assets

$1,229,655

$877,760

Short-Term Debt

$2,796

$3,024

Long-Term Debt

$427,917

$0

Total Liabilities

$430,713

$3,024

Financials as of: 11/09/2023
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Earkick on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $12,500,000

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