Kazu by Wellness Insight Technologies

Early Stage

Health In Tune With You

Overview

Raised to Date: Raised: $13,817

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/03/2023

Close Date

04/30/2023

Min. Goal

$10,000

Max. Goal

$1,235,000

Min. Investment

$200

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$16,035,886

Discount

15%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

38

% of Min. Goal

138%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$691

# of Investors

22

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2018

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

San Jose, California

Business Type

Growth

Kazu by Wellness Insight Technologies, with a valuation of $16.04 million, is raising funds on StartEngine. Kazu is an interactive handheld device that uses AI to dispense personalized doses of medicines and supplements. The complete Kazu by Wellness Insight Technologies platform includes consumable pods and a connected mobile app. The platform offers unprecedented self-care with different pods for different needs, including CBD, melatonin, and more. Ramon Alarcon founded Kazu by Wellness Insight Technologies in January 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for inventory, capital equipment, operations, research and development, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$340,169

$558,466

COGS

$10,554

$16,105

Tax

$0

$0

 

 

Net Income

$-594,126

$-420,310

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$110,958

$132,707

Accounts Receivable

$35,663

$0

Total Assets

$171,274

$220,910

Short-Term Debt

$214,740

$274,939

Long-Term Debt

$1,000,641

$549,741

Total Liabilities

$1,215,381

$824,680

Financials as of: 03/03/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Pending Review
Are you the founder of Kazu by Wellness Insight Technologies? Create your account today to claim this raise page.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Kazu by Wellness Insight Technologies on StartEngine 2023
Platform: StartEngine
Security Type: SAFE
Valuation: $16,035,886

Follow company

Follow Kazu by Wellness Insight Technologies on StartEngine 2023
View on StartEngine