JOGO Health

JOGO Health

Open  for investment

About this raise

JOGO Health, with a valuation of $37 million, is raising funds on Wefunder. The company makes wireless and wearable sensors that provide treatment for over 20 neuromuscular conditions, like stroke and migraine, and break the pain-anxiety muscle tension cycle. JOGO Health’s device is connected to a patent-protected mobile app that provides treatment protocols and games that work on neuromuscular reeducation, movement coordination, and neuroplasticity. Sanjai Murali and Siva Nadarajah founded JOGO Health in June 2010. The current crowdfunding campaign has a minimum target of $499,999 and a maximum target of $3 million. The campaign proceeds will be used for sales and marketing for Massachusetts, New Jersey, and New York, sales and marketing for self-insured employers, and deployment costs for a pipeline of self-insured employer clients.

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Investment Overview

Committed this round:
$1,436,001 - RegCF
$8,361,506 - Total

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
12/22/2023
Close Date
04/29/2025
Min. Goal
$499,999
Max Goal
$2,999,999
Min. Investment

$100

Security Type

Equity - Preferred

Series

Series B

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.13

Pre-Money Valuation

$37,000,000

Company & Team

Company

Year Founded
2010
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Bridgewater, New Jersey
Business Type
Growth
Company Website
Visit Website

Team

Employees
50
Prior Founder Exits?
Yes
Founder Name
Siva Nadarajah
Title
President
Founder Name
Sanjai Murali
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue +52% YoY
$253,476
 Monthly Burn
$210,807
 Runway
12.8 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$274,267

$253,476

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,529,678

$-1,630,915

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,447,570

$1,259,998

Accounts Receivable

$21,205

$3,894

Total Assets

$5,605,609

$2,877,524

Short-Term Debt

$296,795

$2,581,637

Long-Term Debt

$100,157

$3,066,606

Total Liabilities

$396,952

$5,648,243

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$10,179,593
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2025 Wefunder $37,000,000 $8,361,506 Equity - Preferred Active RegCF / RegD 506(c)
11/05/2021 Wefunder $20,000,000 $2,301,695 Convertible Note Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
JOGO Health on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $37,000,000
Price per Share: $1.13

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