Overview

Raised to Date: Raised: $117,665

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/16/2021

Close Date

01/17/2022

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$8,000,000

Valuation Cap

$9,500,000

Discount

20%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

01/30/2022

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$964

# of Investors

161

Momentum

Funded

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Nicolette

Year Founded

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Long Beach, California

Business Type

Growth

Company Website

Nicolette, with a valuation of $9.5 million, is raising funds on Wefunder. The company has developed a platform to empower patients and their caregivers with data, education, and participation tools. The technology transforms raw health data into updates, insights, and curated education. Nicolette has competitive advantages, including patent-pending technology, EHR integration, network effects, and first-mover. Phil Martie, Michel Mikhael, and Seth Brickman founded Nicolette in October 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used to expand the product into remote and telehealth capabilities and fund sales and marketing.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$25,000	$0
COGS	$22,860	$19,820
Tax	$1,200	$1,200
Net Income	$-275,604	$-340,061

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$1,100	$5,009
Accounts Receivable	$0	$0
Total Assets	$19,653	$25,508
Short-Term Debt	$15,313	$0
Long-Term Debt	$467,599	$213,162
Total Liabilities	$482,912	$213,162

Financials as of: 09/16/2021

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Nicolette Founder Phil Martie on Empowering Patients and Their Families

Medical professionals undergo extensive training in order to provide the best care possible. But patients don’t always have the training or information available to successfully navigate their own healthcare. As a result, they might not have a full understanding of what their options are and which decisions are best for their health. This can potentially cost patients their money and their health.

Nicolette aims to solve this problem by informing patients and their caregivers, giving them confidence to choose the best care possible. The company’s first product, NicoBoard, is designed for parents of newborn intensive care unit (NICU) babies. Its features allow parents to educate themselves, make informed decisions, and share their journey with others through videos, diary entries, and more. We reached out to co-founder and CEO Phil Martie to gain insight into the inspiration behind the company and how the team came together.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview