PERSOWN Connect

PERSOWN Connect

Closed: Apr. 2025

About this raise

PERSOWN Connect, with a valuation of $6.45 million, is raising funds on Wefunder. The company is working to bring affordable and sustainable healthcare services to underserved families around the world. PERSOWN Connect is using innovative funding methods, technology, and training to bring world-class health solutions to those who need them the most. The company is focused on equipping, training, financing, and supporting Community Medical Technicians and works with in-country health organizations, starting its initial deployments with Brazil, Ghana, and Nigeria. William D. Meadow founded PERSOWN Connect in September 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used to hire a global business development team, a software and network development team, and a general and administrative team, and fund rent, utilities, online and professional services, and travel and lodging.

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Investment Overview

Invested this round: $70,100

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/18/2025
Close Date
04/22/2025
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$6,000,000

Valuation Cap

$6,450,000

Discount

20%

Company & Team

Company

Year Founded
2025
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Jacksonville, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
Yes
Founder Name
William Meadow
Title
CEO & Chairman

Financials

 Revenue
$0
as of FY2024
 Monthly Burn
$70,981
as of Jan '25
 Runway
0.1 months
as of Jan '25

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-66,437

$0

Summary Balance Sheet

FY 2024 FY 2023

Cash

$1,763

$0

Accounts Receivable

$0

$0

Total Assets

$452,023

$0

Short-Term Debt

$437,859

$0

Long-Term Debt

$0

$0

Total Liabilities

$437,859

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$520,600
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/22/2025 Wefunder $6,450,000 $70,100 SAFE Funded RegCF
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Add to portfolio
PERSOWN Connect on Wefunder 2025
Platform: Wefunder
Security Type: SAFE
Valuation: $6,450,000

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Warning: according to the close date for this deal, PERSOWN Connect may no longer be accepting investments.

PERSOWN Connect Deal Report

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