Resolution Bed

Resolution Bed

Growth Stage

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

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

Overview

Raised to Date: Raised: $31,225

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/16/2022

Close Date

04/29/2023

Min. Goal
$50,001
Max. Goal
$1,069,999
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.71

Pre-Money Valuation

$65,438,731

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/30/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$160

# of Investors

28

Momentum
Not Funded
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Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Dobson, North Carolina

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: 10/16/2022
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Resolution Bed on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $65,438,731
Price per Share: $4.71

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