Humanity
About this raise
Humanity, with a valuation of $30 million, is raising funds on Wefunder. The company has developed a health navigation app that helps people live healthier for longer. Humanity uses AI to monitor the signs of aging and guide users to slow it down. The app has proven behavior change with a 15% median increase in movement after signup and has ten times conversion to premium subscription compared to the industry average. Peter Ward and Michael Geer founded Humanity in February 2017. 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 tests, staffing R&D, and hiring.
Investment Overview
Invested : $569,603
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/26/2023
- Close Date
- 04/29/2024
$50,000
$1,235,000
$100
SAFE
Series A
RegCF
$30,000,000
10%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $268,107
- Monthly Burn
- $177,162
-
Runway
- 1.2 months
- Gross Margin
- 54%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,665,833
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2024 | Wefunder | $30,000,000 | $569,603 | SAFE | Funded | RegCF |