Highway Pharmaceuticals

Highway Pharmaceuticals

Closed: Feb. 2023

About this raise: Highway Pharmaceuticals, with a valuation of $5 million, is raising funds on Wefunder. The company makes safer and better pharmaceuticals for animal autoimmune diseases. Highway Pharmaceuticals aims to treat feline stomatitis without dental extraction by combining the immunosuppressant cyclosporine with its own metabolic inhibitor. The company is led by an experienced team and has a proven mechanism of action. Trevor Klee founded Highway Pharmaceuticals in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for the initial animal trial to test the safety and efficacy of the drug combination.

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Investment Overview

Invested this round: $106,155

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/21/2022
Close Date
02/24/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Boston, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Trevor Klee
Title
President

Financials

 Revenue
$0
 Monthly Burn
$1,945
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-23,337

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$195,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/24/2023 Wefunder $5,000,000 $106,155 SAFE Funded RegCF
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Add to portfolio
Highway Pharmaceuticals on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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Follow Highway Pharmaceuticals on Wefunder 2022

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

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