Rejuve Therapy

Rejuve Therapy

Sports Clinic

Sports Clinic

Overview

Raised this Round: Raised: $100

Total Commitments ($USD)

Platform

Honeycomb

Start Date

12/25/2022

Close Date

02/06/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.75%

Term Length

5.0 years

Year Founded

2017

Industry

Healthcare & Pharmaceuticals

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Kingswood, Texas

Business Type

Growth

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.

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

Financials as of: 12/25/2022
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Rejuve Therapy on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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