LiveWell Assisted Living
About this raise
LiveWell Assisted Living, with a $6 million pre-money valuation, is raising crowdfunding on truCrowd. It is an assisted living facility that provides elder care with its unique assisted living micro-communities and senior care assistance. LiveWell Assisted Living offers CBD as an alternative treatment solution for seniors and is the first CBD-friendly senior care operator in the US. The company was founded by Justin Beckett and Diane Beckett in 2008. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $250,000, and the proceeds will be used for expanding the in-home care services and assisting living to states with favorable CBD legislation. LiveWell Assisted Living currently operates six assisted living micro-community homes in North Carolina and generated revenue of $1.8 million in 2019.
Investment Overview
Invested $178,751 :
Deal Terms
Company & Team
Company
- Year Founded
- 2008
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +44% YoY
- $1,893,000
- Monthly Burn
- $26,308
-
Runway
- 0.7 months
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/28/2022 | truCrowd | $6,000,000 | $178,751 | Equity - Common | Funded | RegCF |