Pivotal Health

Pivotal Health

Open  for investment

About this raise

Pivotal Health, with a valuation of $9 million, is raising funds on Wefunder. The company has developed a proprietary platform that delivers healthcare directly to patients. Pivotal Health manages primary and urgent care house calls and automates everything around the visit to make healthcare easier for consumers. The platform has conducted over 13,000 house call visits since its inception and has an average Google review of 4.99. Salvatore Braico and Peter Johnson founded Pivotal Health in October 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for sales and marketing, payroll, expansion costs, and working capital.

Expand

Investment Overview

Committed this round: $28,800

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
07/16/2024
Close Date
04/30/2026
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,100,000

Valuation Cap

$9,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Middleton, Wisconsin
Business Type
High Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Pete Johnson
Title
Advisor
Founder Name
Sal Braico
Title
CEO

Financials

 Revenue +27% YoY
$883,506
as of Jun '24
 Monthly Burn
$44,347
as of Jun '24
 Runway
2.2 months
as of Jun '24
 Gross Margin
28%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$841,641

$883,506

COGS

$608,837

$572,773

Tax

$0

$0

 

 

Net Income

$-1,309,853

$-1,256,854

Summary Balance Sheet

FY 2024 FY 2023

Cash

$154,456

$51,425

Accounts Receivable

$16,840

$199,496

Total Assets

$184,216

$269,733

Short-Term Debt

$995,633

$593,659

Long-Term Debt

$4,285,744

$3,670,602

Total Liabilities

$5,281,377

$4,264,261

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

Total Prior Capital Raised
$3,467,000
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2026 Wefunder $9,000,000 $28,800 SAFE Active 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
Pivotal Health on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

Follow company

Follow Pivotal Health on Wefunder 2024

Buy Pivotal Health's Deal Report

Pivotal Health Deal Report

Get Kingscrowd's comprehensive report on Pivotal Health including:

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

Buy the Pivotal Health deal report for only $10!

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