Levels Health

Levels Health

Growth Stage

Your health, measured in real time

Your health, measured in real time

Overview

Raised to Date: Raised: $2,555,782

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/26/2024

Close Date

04/15/2024

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

$100

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.44

Pre-Money Valuation

$300,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

0

% of Min. Goal

5,111%

% of Max. Goal

51%

Likelihood of Max
unlikely
Avg. Daily Raise

$127,789

# of Investors

1,592

Momentum
hot.svg
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Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Location

New York, New York

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. Levels Health also plans to build software that quantifies the effect of diet on metabolic health and to solve the metabolic health crisis. The business has moved out of beta and has helped over 60,000 customers improve their metabolic health. Sam Corcos and Josh Clemente founded Levels Health in June 2019. The current crowdfunding campaign has a minimum target of $50,005 and a maximum target of $4.9 million. The campaign proceeds will be used for product improvements, new product lines, marketing, and market expansion.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$21,270,015

$13,525,976

COGS

$16,197,313

$10,749,449

Tax

$0

$0

 

 

Net Income

$-12,145,980

$-12,795,343

Summary Balance Sheet

FY 2023 FY 2022

Cash

$15,777,841

$27,603,271

Accounts Receivable

$5,811

$7,960

Total Assets

$16,955,211

$28,998,457

Short-Term Debt

$4,087,064

$4,624,469

Long-Term Debt

$0

$81,367

Total Liabilities

$4,087,064

$4,705,836

Financials as of: 03/26/2024
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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 $2,555,782 Equity - Preferred Active 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 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $300,000,000
Price per Share: $10.44

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