Mechanism Wellness

Early Stage

Feeling good shouldn't be difficult

Analytics

Raised to Date: Raised: $82,150

Aggregate Commitments $

Platform

StartEngine

Start Date

10/04/2021

Close Date

04/28/2022

Min. Goal

$10,000

Max. Goal

$1,069,998

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$0.67

Pre-Money Valuation

$15,075,000

Rolling Commitments $

Status
Funded
Reporting Date

05/01/2022

Days Remaining
Funded
% of Min. Goal

822%

% of Max. Goal

8%

Likelihood of Max
Funded
Avg. Daily Raise

$399

Momentum
Funded
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Location

Rye, New York

Industry

Fitness & Wellness

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Mechanism Wellness, with a valuation of $15.1 million, is raising funds on StartEngine. The company offers a holistic digital wellness plan that helps people identify and address the underlying mechanism behind their visible symptoms. The personalized program of Mechanism Wellness is rooted in functional medicine and can be leveraged from anywhere, anytime. Mechanism Wellness has signed a partnership agreement with American Benefit Consulting who support over 120 Fortune 500 companies. Shakti Jauhar, Mona Jauhar, and Dr. Chris Turnpaugh founded Mechanism Wellness in October 2018. The current crowdfunding campaign has a minimum target of $9,999.75 and a maximum target of $1,069,998.04. The campaign proceeds will be used to engage with more corporations, grow the practitioner affiliation program, and increase B2C engagement.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-214,978

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$266,013

$0

Accounts Receivable

$0

$0

Total Assets

$366,013

$0

Short-Term Debt

$27,325

$0

Long-Term Debt

$553,441

$0

Total Liabilities

$580,766

$0

Financials as of: 10/04/2021
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Mechanism Wellness on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,075,000

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