Highline Wellness
About this raise
Highline Wellness, with a valuation of $12 million, is raising funds on Wefunder. The company makes and sells high-quality CBD supplements for everyday problems. The products of Highline Wellness are 100% natural and free of chemicals and help improve sleep, relieve anxiety, reduce inflammation, and provide mental clarity to the users. Highline Wellness has generated $15.5 million in lifetime revenues and increased sales by three times from 2019 to 2021. Christopher Roth and Brendan Rogers founded Highline Wellness in October 2018. 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 marketing, SEO optimization, and R&D.
Investment Overview
$1,710,300 - Total
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/27/2022
- Close Date
- 04/30/2023
$50,000
$1,235,000
$100
SAFE
Growth Stage
RegCF
/ RegD 506(c)
$12,000,000
0%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +17% YoY
-
$4,533,245
as of FY2021
- Monthly Burn
-
$211,551
as of FY2021
-
Runway
-
1.8 months
as of FY2021
- Gross Margin
-
59%
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,095,500
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2023 | Wefunder | $12,000,000 | $1,710,300 | SAFE | Funded | RegCF / RegD 506(c) |