Peer Support Solutions

Peer Support Solutions

Closed: Apr. 2022

About this raise

Peer Support Solutions, with a valuation of $6.11 million, is raising funds on StartEngine. The company provides a platform for people to assist and empower them to conquer their emotional and behavioral healthcare challenges. The platform offers video-based online peer support solutions for people with chronic illnesses, rare diseases, and emotional and behavioral challenges. Peer Support Solutions is led by an experienced team and reported revenue growth of 244% in 2020. Vincent F. Caimano and Joshua Roberto founded Peer Support Solutions in July 2015. The current crowdfunding campaign has a minimum target of $9,999.99 and a maximum target of $1,069,998.93. The campaign proceeds will be used to acquire more clients, improve margins, and grow.

Expand

Investment Overview

Invested this round: $49,066

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/23/2021
Close Date
04/30/2022
Min. Goal
$10,000
Max Goal
$1,069,999
Min. Investment

$270

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.27

Pre-Money Valuation

$6,105,723

Company & Team

Company

Year Founded
2015
Industry
Business Services, Software, & Applications
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Pasadena, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
15
Prior Founder Exits?
No
Founder Name
Joshua Roberto
Title
CPO
Founder Name
Vincent Caimano
Title
CEO

Financials

 Revenue +143% YoY
$312,787
 Monthly Burn
$2,073
 Runway
20 months
Gross Margin
81%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$312,787

$128,278

COGS

$60,353

$38,370

Tax

$1,816

$1,851

 

 

Net Income

$-24,870

$-25,138

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$41,466

$1,644

Accounts Receivable

$12,896

$2,781

Total Assets

$57,295

$4,675

Short-Term Debt

$69,109

$36,747

Long-Term Debt

$98,181

$55,053

Total Liabilities

$167,290

$91,800

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2022 StartEngine $6,105,723 $49,066 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Peer Support Solutions on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,105,723
Price per Share: $0.27

Follow company

Follow Peer Support Solutions on StartEngine 2021

Buy Peer Support Solutions's Deal Report

Warning: according to the close date for this deal, Peer Support Solutions may no longer be accepting investments.

Peer Support Solutions Deal Report

Get Kingscrowd's comprehensive report on Peer Support Solutions including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Peer Support Solutions is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Peer Support Solutions deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge