PsiloThera

Growth Stage

Psychedelic Healthcare Innovation

Analytics

Raised to Date: Raised: $72,162

Aggregate Commitments $

Platform

StartEngine

Start Date

07/23/2021

Close Date

01/18/2022

Min. Goal

$10,000

Max. Goal

$5,000,000

Min. Investment

$500

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$50,000,000

Rolling Commitments $

Status

Active

Reporting Date

09/18/2021

Days Remaining

122

% of Min. Goal

722%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,266

Momentum
cold
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Location

Henderson, Nevada

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

PsiloThera, with a pre-money valuation of $50 million, is raising crowdfunding on StartEngine. The mental health care company creates modern solutions for depression, anxiety, PTSD, eating disorders, dementia, and addictions. The therapies of PsiloThera are based on Psilocybin that helps patients engage in self-reflection and personal expression. John Atanasio and Jacquelyn Wright-Minogue founded PsiloThera in September 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $10,000 and a maximum goal of $5,000,000, will target the development of a nutraceutical product portfolio based on fungi varietals. PsiloThera is led by an experienced management team and aims to deploy quantum technology to shorten the drug development time.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/23/2021
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