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.

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Investment Overview

Committed this round: $19,000

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/16/2024
Close Date
03/31/2025
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

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

as of June 1, 2024
 Revenue +27% YoY
$883,506
 Monthly Burn
$44,347
 Runway
2.2 months
Gross Margin
35%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$883,506

$701,980

COGS

$572,773

$1,296,988

Tax

$0

$0

 

 

Net Income

$-1,256,854

$-2,022,908

Summary Balance Sheet

FY 2023 FY 2022

Cash

$51,425

$126,776

Accounts Receivable

$199,496

$180,832

Total Assets

$269,733

$343,583

Short-Term Debt

$593,659

$238,015

Long-Term Debt

$3,670,602

$2,846,608

Total Liabilities

$4,264,261

$3,084,623

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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
03/31/2025 Wefunder $9,000,000 $19,000 SAFE Active RegCF
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Pivotal Health on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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