About this raise
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.
Investment Overview
Not Funded: $12,447
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 07/05/2023
- Close Date
- 09/03/2023
$14,993
$1,199,995
$247
Equity - Common
Seed
RegCF
$12.36
$5,799,534
Company & Team
Company
- Year Founded
- 2016
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -42.9% YoY
- $83,183
- Monthly Burn
- $24,063
-
Runway
- 5.2 months
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $144,880
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/30/2024 | Wefunder | $6,000,000 | $161,375 | SAFE | Funded | RegCF |
| 09/03/2023 | StartEngine | $5,799,534 | $12,447 | Equity - Common | Not Funded | RegCF |
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.