MentalHappy (2023)
About this raise
MentalHappy, with a valuation of $10 million, is raising funds on Wefunder. It is an online community working towards creating a better world of mental health. MentalHappy helps people with practical tools and support to build mental health and assists them in their journey toward healing. The product is already in use by licensed doctors and health professionals across the US, and has signed a partnership with a leading cancer patient recovery program. Tamar Lucien Blue founded MentalHappy in 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $340,711. The campaign proceeds will be used for securing partnerships, further developing the technology for improved UI/UX, and expanding user acquisition through social media platforms and email marketing.
Investment Overview
Invested : $50,500
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/06/2023
- Close Date
- 07/31/2023
$50,000
$124,000
$250
SAFE
Early Stage
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$23,554
as of FY2022
-
Runway
-
4 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,016,500
- VC Backed?
- Yes
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.