About this raise
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.
Investment Overview
Invested : $1,237,115
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/23/2023
- Close Date
- 04/29/2024
$50,000
$1,235,000
$250
SAFE
Seed
RegCF
$18,000,000
$24,000,000
20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,226,180
- VC Backed?
- No