Rejuve Therapy

Rejuve Therapy

Closed: Feb. 2023

About this raise

Rejuve Therapy is raising funds on Honeycomb. It is a whole-body recovery center in Houston, Texas, that is focused on treating everyday sports injuries. The offerings of Rejuve Therapy include kinetic stretching, Cryotherapy, hyperbaric oxygen therapy, massage, and other techniques to reduce pain and inflammation. Rejuve Therapy offers both individual-priced services and appointments and memberships and is on track to grow its revenue by 25% year-over-year. Timothy Jackson founded Rejuve Therapy in June 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for debt payoff, staffing and hiring, and treatment equipment.

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Investment Overview

Not Funded: $100

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
12/26/2022
Close Date
02/06/2023
Min. Goal
$25,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.75%

Term Length

5.0 years

Company & Team

Company

Year Founded
2017
Industry
Healthcare & Pharmaceuticals
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Kingswood, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Timothy Jackson
Title
Owner

Financials

 Revenue +75% YoY
$165,874
as of FY2021
 Monthly Burn
$2,143
as of FY2021
 Runway
0 months
as of FY2021

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$165,874

$94,733

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-25,719

$-44,496

Summary Balance Sheet

FY 2021 FY 2020

Cash

$24

$4,462

Accounts Receivable

$0

$0

Total Assets

$80,381

$102,676

Short-Term Debt

$0

$0

Long-Term Debt

$74,826

$42,491

Total Liabilities

$74,826

$42,491

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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
02/06/2023 Honeycomb - $100 Debt Not Funded RegCF
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Rejuve Therapy on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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

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