Resolution Bed
Growth Stage
A HOSPITAL BED THAT PIVOTS 90° TO A STAND-ASSIST CHAIR
Overview
Raised: $31,225
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/16/2022
Close Date
04/30/2023
Min. Goal
$50,001
Max. Goal
$1,069,999
Min. Investment
$100
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
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
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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