Loosid
Early Stage
The Sober Social Network.
Overview
Raised: $1,223,415
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/17/2024
Days Remaining
11
% of Min. Goal
2,447%
% of Max. Goal
99%
Likelihood of Max
Avg. Daily Raise
$2,913
# of Investors
147
Momentum
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Year Founded
2018
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Loosid, with a valuation of $24 million, is raising funds on Wefunder. The company has developed a sobriety app that serves as a social network for people recovering from alcohol abuse disorders. The app enables users to celebrate their sobriety with other members and seek support and virtual help from community members. The offerings of Loosid include treatment guides, boozeless guides, recovery voices, daily sober tips, community, sober dating, and a sobriety tracker. Mj Gottlieb and Zhanna Basina founded Loosid in March 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for user acquisition, app development, management, and general and administrative expenses.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$145 |
COGS |
$353,184 |
$115,861 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-641,357 |
$-875,616 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$53 |
$53 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$53 |
$53 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$2,362,903 |
$1,721,599 |
Total Liabilities |
$2,362,903 |
$1,721,599 |
Financials as of: 02/22/2023
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