NightWise

NightWise

Open  for investment

About this raise: NightWise, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a science-backed supplement for healthy and deep sleep. NightWise’s patented Intelligent Release Technology releases science-backed ingredients that work with the body’s natural sleep rhythms and ensure deep sleep without morning grogginess and dependency. The business has generated over $225,000 in e-commerce revenues and is rolling out to 20% of the top chains in 6-12 months. Danny Rinaldi founded NightWise in January 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $600,000. The campaign proceeds will be used for product inventory and supply chain, operational scaling and infrastructure, customer acquisition and brand building, and professional services.

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Investment Overview

Committed this round: $55,500

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
12/30/2024
Close Date
03/31/2025
Min. Goal
$50,000
Max. Goal
$600,000
Min. Investment

$250

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.82

Early Bird Valuation

$8,000,000

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2011
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Atlanta, Georgia
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Daniel Rinaldi
Title
CEO

Financials

as of December 1, 2024
 Revenue
$94,047
 Monthly Burn
$23,813
 Runway
0.3 months
Gross Margin
45%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$94,047

$29,308

COGS

$51,591

$8,162

Tax

$0

$0

 

 

Net Income

$-641,125

$-817,546

Summary Balance Sheet

FY 2023 FY 2022

Cash

$7,864

$13,239

Accounts Receivable

$0

$0

Total Assets

$619,308

$658,726

Short-Term Debt

$856,793

$900,552

Long-Term Debt

$2,345,370

$1,645,294

Total Liabilities

$3,202,163

$2,545,846

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,555,374
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2025 Wefunder $10,000,000 $55,500 Equity - Common Active RegCF
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Add to portfolio
NightWise on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $5.82

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