Resolution Bed

Growth Stage

A HOSPITAL BED THAT PIVOTS 90° TO A STAND-ASSIST CHAIR

Analytics

Raised to Date: Raised: $24,800

Aggregate Commitments $

Platform

Wefunder

Start Date

10/17/2022

Close Date

04/30/2023

Min. Goal

$50,001

Max. Goal

$1,069,999

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$4.71

Pre-Money Valuation

$65,438,731

Rolling Commitments $

Status

Active

Reporting Date

11/26/2022

Days Remaining

155

% of Min. Goal

50%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$620

Momentum
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Location

Dobson, North Carolina

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

Resolution Bed, with a valuation of $65.4 million, is raising funds on Wefunder. The company has developed a specialized bed for patients that pivots 90 degrees from a full-featured hospital bed into a stand-assist chair. The features of ResBed include a migration minimizer, zero gravity, enhanced cardiovascular Trendelenburg, and crash-free side rails. Resolution Bed also aims to reduce worker and caregiver injuries. Byron Wurdeman founded Resolution Bed in May 2019. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $1,069,998. The campaign proceeds will be used for manufacturing, inventory, and general corporate matters.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$-1,154

$0

 

 

Net Income

$-254,693

$-222,670

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,061

$552

Accounts Receivable

$0

$0

Total Assets

$144,567

$131,806

Short-Term Debt

$90,092

$77,943

Long-Term Debt

$655,630

$400,704

Total Liabilities

$745,722

$478,647

Financials as of: 10/17/2022
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Resolution Bed on Wefunder 2022
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Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $65,438,731

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