Precision Wellness
[Closed for Investment] Precision Wellness is raising funds on SMBX. The company provides precision medical testing and lab services to people in Washington, DC. Precision Wellness is known for holistic and high-quality medical support services and guides quality documentation, proper utilization, and health care delivery for managed care groups. The business has numerous laboratory service agreements and national partnership accounts that enable it to subsidize basic preventative health screenings and support care navigation for hereditary conditions. Shenita-Ann Grymes founded Precision Wellness in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $25,000. The campaign proceeds will be used for new equipment and working capital.
Investment Overview
Raised: $25,000
Deal Terms
Total Commitments ($USD)
- Platform
- SMBX
- Start Date
- 09/12/2024
- Close Date
- 10/10/2024
$10,000
$25,000
$10
Debt
Pre-Seed
RegCF
10.75%
2.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +181% YoY
- $53,198
- Monthly Burn
- Profitable
- Cash on Hand
- $51,250
- Gross Margin
- 99%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/10/2024 | SMBX | - | $25,000 | Debt | Funded | RegCF |