Global Wellness Apps

Global Wellness Apps

Closed: Jun. 2023

About this raise: Global Wellness Apps, with a valuation of $20 million, is raising funds on Castle Placement. The company has developed an app for the diabetic audience to empower themselves and manage their own health. The app provides all-in-one diabetes management solutions and aims to revolutionize the lives of diabetics and pre-diabetics on a global scale. The offerings of Global Wellness Apps include access to appointments, information, support, products, and services. Sean Zaboroski, Taylor Companion, and Ruri OtaniCo founded Global Wellness Apps in June 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Castle Placement
Start Date
10/19/2022
Close Date
06/08/2023
Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
2022
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Toronto, Ontario
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
Sean Zaboroski
Title
CEO
Founder Name
Taylor Companion
Title
COO
Founder Name
Ruri OtaniCo
Title
CRO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$53,624
 Runway
2.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-643,487

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$130,820

$0

Accounts Receivable

$1,149

$0

Total Assets

$131,969

$0

Short-Term Debt

$14,547

$0

Long-Term Debt

$217,965

$0

Total Liabilities

$232,512

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/08/2023 Castle Placement $20,000,000 - Equity - Common Not Funded RegCF
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Add to portfolio
Global Wellness Apps on Castle Placement 2022
Platform: Castle Placement
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $2.00

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Follow Global Wellness Apps on Castle Placement 2022

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Warning: according to the close date for this deal, Global Wellness Apps may no longer be accepting investments.

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