Rejuvine Life Sciences
Early Stage
Rejuvenating Life Naturally
Overview
Raised: $2,500
Total Commitments ($USD)
Platform
Silicon Prairie Online
Start Date
04/17/2024
Close Date
04/17/2025
Min. Goal
$100,000
Max. Goal
$1,235,000
Min. Investment
$1,000
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.00
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/30/2024
Days Remaining
351
% of Min. Goal
3%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$192
# of Investors
2
Momentum
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Year Founded
2023
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Location
Middletown, Delaware
Rejuvine Life Sciences is raising funds on Silicon Prairie Online. The company is revolutionizing the natural health sector by integrating ancient wisdom with modern science. Rejuvine Life Sciences’ flagship product, Skordo Plus, offers a herbal solution for diabetes management to control blood sugar and manage overall well-being. The company holds US and Indian patents for its anti-diabetic formulations and plans to offer additional products for women’s health and pain relief. Theenathayalan Parthasarathy founded Rejuvine Life Sciences in February 2023. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, office equipment, salaries and fees, business development, events, sales and marketing, production, and office expenses.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$4,230 |
$0 |
|
COGS |
$-5,076 |
$0 |
|
Tax |
$17,277 |
$0 |
| ||
| ||
|
Net Income |
$-205,500 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$30,950 |
$0 |
|
Accounts Receivable |
$4,000,000 |
$0 |
|
Total Assets |
$205,052 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$3,910,000 |
$0 |
|
Total Liabilities |
$3,910,000 |
$0 |
Financials as of: 04/17/2024
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