Levels Health

Levels Health

Growth Stage

Biowearables that improve your metabolic health

Biowearables that improve your metabolic health

Overview

Raised to Date: Raised: $4,999,928

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/13/2022

Close Date

Not Provided

Min. Goal
$50,006
Max. Goal
$4,999,990
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.44

Pre-Money Valuation

$300,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2022

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

$116,277

# of Investors

1,439

Momentum
Funded
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Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Levels Health, with a valuation of $300 million, is raising funds on Wefunder. The company has developed a wearable device that gives users insight into their metabolic health by pairing the wearable with an intuitive app. The business also plans to build software that quantifies the effect of diet on metabolic health and to solve the metabolic health crisis. Levels Health has 15,000 lifetime beta members and has generated $8 million all-time revenue. Sam Corcos, Josh Clemente, David Flinner, and Casey Means founded Levels Health in June 2019. The current crowdfunding campaign has a minimum target of $50,005 and a maximum target of $4,999,989. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,490,969

$43,776

COGS

$988,937

$23,155

Tax

$0

$0

 

 

Net Income

$-2,079,074

$-596,317

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,678,066

$622,174

Accounts Receivable

$0

$0

Total Assets

$10,775,278

$645,167

Short-Term Debt

$1,150,286

$56,425

Long-Term Debt

$0

$0

Total Liabilities

$1,150,286

$56,425

Financials as of: 01/13/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Levels Health 04/15/2024 Wefunder $300,000,000 $3,112,842 Equity - Preferred Funded RegCF
Levels Health 02/25/2022 Wefunder $300,000,000 $4,999,928 Equity - Preferred Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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Add to portfolio
Levels Health on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $300,000,000
Price per Share: $10.44

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