Moonstone Nutrition
About this raise
Moonstone Nutrition, with a valuation of $30.02 million, is raising funds on StartEngine. The company has created an OTC remedy to prevent kidney stones. Moonstone Nutrition’s Stone Stopper is a science-based solution that promotes kidney health and wellbeing and prevents kidney stones with the help of its alkali citrate formula. Stone Stopper is available in the form of capsules, gummies, and powder drinks and has been created by leading kidney stone doctors from Harvard, University of California San Francisco, and New York University. Salim S Rayes and Arnold J Sholder founded Moonstone Nutrition in March 2019. The current crowdfunding campaign has a minimum target of $14,997.06 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, sales and distribution, research and development, and general and administrative expenses.
Investment Overview
Invested : $294,437
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/09/2024
- Close Date
- 09/09/2024
$14,997
$1,234,998
$499
Equity - Common
Growth Stage
RegCF
$3.06
$30,023,346
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Team
- Employees
- 11
- Prior Founder Exits?
- No
- Founder Name
- Salim Rayes
- Title
- CEO & President, Board Member
- Founder Name
- Noman Khan
- Title
- COO
- Founder Name
- Marty Sholder
- Title
- Board Member
- Founder Name
- Arnold Sholder
- Title
- Board Member
- Founder Name
- David Goldfarb
- Title
- Advisory Board Member
- Founder Name
- Marshall Stoller
- Title
- Advisory Board Member
- Founder Name
- Brian Eisner
- Title
- Advisory Board Member
Financials
- Revenue +82% YoY
-
$1,930,901
as of FY2023
- Monthly Burn
-
$36,000
as of FY2023
-
Runway
-
5 months
as of
- Gross Margin
-
41%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,483,003
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/09/2024 | StartEngine | $30,023,346 | $294,437 | Equity - Common | Funded | RegCF |