NASCEND

NASCEND

Early Stage

The New Paradigm of Care for NAS

The New Paradigm of Care for NAS

Overview

Raised to Date: Raised: $12,447

Total Commitments ($USD)

Platform

StartEngine

Start Date

07/04/2023

Close Date

09/03/2023

Min. Goal
$14,993
Max. Goal
$1,199,995
Min. Investment

$247

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$12.36

Pre-Money Valuation

$5,799,534

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

09/03/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$207

# of Investors

22

Momentum
Not Funded
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Year Founded

2016

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B2C

Margin

High

Capital Intensity

Low

Location

LOUISVILLE, Kentucky

Business Type

Growth

NASCEND, with a valuation of $5.8 million, is raising funds on StartEngine. The company provides training, education, and certification for healthcare providers caring for opioid-exposed infants (OEI). NASCEND has launched two apps with educational and training material to ensure better quality of care and medical outcomes for OEIs. NASCEND has provided training to over 7,000 healthcare providers and impacted 1.4 million infants and their families. Kathryn Dawn Forbes founded NASCEND in September 2016. The current crowdfunding campaign has a minimum target of $14,992 and a maximum target of $1.2 million. The campaign proceeds will be used for IT development, research and development, company employment, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$83,183

$145,783

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-288,758

$-191,024

Summary Balance Sheet

FY 2022 FY 2021

Cash

$125,245

$408,032

Accounts Receivable

$0

$0

Total Assets

$140,958

$424,025

Short-Term Debt

$130,566

$176,573

Long-Term Debt

$497,321

$523,543

Total Liabilities

$627,887

$700,116

Financials as of: 07/04/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
NASCEND 07/29/2024 Wefunder $6,000,000 $283,850 SAFE Active RegCF
NASCEND 09/02/2023 StartEngine $5,799,534 $12,447 Equity - Common Not Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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NASCEND on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,799,534
Price per Share: $12.36

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Follow NASCEND on StartEngine 2023

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