MovementX
About this raise: MovementX, with a valuation of $12 million, is raising funds on Wefunder. The company has developed a healthcare services platform that connects people with movement health problems with movement solutions. MovementX enables patients to request sessions and connect with healthcare providers to get convenient, personalized, and quality care. The company has a differentiated business model, a network of movement specialists, and the technology to deliver high-quality healthcare experiences and administrative efficiency. Joshua D’Angelo and Keaton Ray founded MovementX in September 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for market expansion, new market entry, central marketing strategies, and new patient and provider acquisition.
Investment Overview
Invested : $70,700
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 05/21/2024
- Close Date
- 01/10/2025
$50,000
$124,000
$1,000
SAFE
Seed
RegCF
$12,000,000
10%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +49% YoY
- $3,604,387
- Monthly Burn
- $9,140
-
Runway
- 24+ months
- Gross Margin
- 29%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $876,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/10/2025 | Wefunder | $12,000,000 | $70,700 | SAFE | Funded | RegCF |