Meta-Brain Labs

Meta-Brain Labs

Closed: Jan. 2024

About this raise

Meta-Brain Labs, with a valuation of $9 million, is raising funds on Wefunder. The company has developed a new category of neurotech that helps golfers discover and overcome mental barriers permanently. The technology of Meta-Brain Labs helps in optimizing the mental performance of sportspersons by eliminating self-defeating thoughts and reinforcing positive outcomes. Meta-Brain Labs is patent-pending, and its pilot tests have shown permanent and marked improvements in confidence and performance within 2-3 weeks. Alexandrea Day founded Meta-Brain Labs in October 2021. 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 software development, marketing, core infrastructure, and scientific research and innovation.

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Investment Overview

Invested this round: $280,735

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/21/2023
Close Date
01/06/2024
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,000,000

Valuation Cap

$9,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Bellevue, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Alexandrea Day
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$6,504
 Runway
0.2 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-78,050

$-6,247

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,328

$9,781

Accounts Receivable

$0

$0

Total Assets

$1,328

$9,781

Short-Term Debt

$60,625

$16,028

Long-Term Debt

$0

$0

Total Liabilities

$60,625

$16,028

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/06/2024 Wefunder $9,000,000 $280,735 SAFE Funded RegCF
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Add to portfolio
Meta-Brain Labs on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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