Klinic

Klinic

Early Stage

Powering a Shopify-like experience for Providers to build medical practices

Powering a Shopify-like experience for Providers to build medical practices

Overview

Raised to Date: Raised: $5,000,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/16/2022

Close Date

06/13/2022

Min. Goal
$1,000,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$185,185

# of Investors

4,407

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

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Plano, Texas

Business Type

High Growth

Klinic, with a valuation of $20 million, is raising funds on Wefunder. The platform enables independent medical practitioners to build a Shopify-like experience. Klinic allows medical practitioners to launch, market, and deliver treatment by reducing the related costs and complexities. Klinic is licensed in over 30 states and has grown to $25,000 MRR in the first three months of 2022. Avish Bhama and Dan Cheung founded Klinic in February 2021. The current crowdfunding campaign has a minimum target of $1,000,000 and a maximum target of $5,000,000. The campaign proceeds will be used for digital marketing for providers, customer support, engineering, and product development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-385,015

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$716,745

$0

Accounts Receivable

$0

$0

Total Assets

$1,484,985

$0

Short-Term Debt

$0

$0

Long-Term Debt

$1,050,000

$0

Total Liabilities

$1,050,000

$0

Financials as of: 05/16/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Klinic on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow Klinic on Wefunder 2022

Buy Klinic's Deal Report

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

Klinic Deal Report

Get KingsCrowd’s comprehensive report on Klinic including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Klinic is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Klinic deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge