Ruth Health

Ruth Health

Early Stage

Equitable tech-enabled healthcare for Moms nationwide

Equitable tech-enabled healthcare for Moms nationwide

Overview

Raised to Date: Raised: $72,551

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/25/2022

Close Date

04/07/2023

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$445

# of Investors

52

Momentum
Funded
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Year Founded

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

Business Type

High Growth

Ruth Health, with a valuation of $15 million, is raising funds on Wefunder. The company is making quality and joyful maternal healthcare accessible to everybody. The centralized perinatal care hub of Ruth Health is the one-stop shop for all maternal needs, including pelvic training, C-section recovery, lactation support, perinatal advice, product recommendations, and postpartum support. Ruth Health has nearly 200 patients to date and reported a 60% growth in revenue in September 2022. Alison Greenberg and Audrey Wu founded Ruth Health in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for digital marketing, engineering maintenance, hiring, and sales force upgrades.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,942

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-313,051

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,729,009

$0

Accounts Receivable

$0

$0

Total Assets

$2,734,484

$0

Short-Term Debt

$10,527

$0

Long-Term Debt

$3,037,008

$0

Total Liabilities

$3,047,535

$0

Financials as of: 10/25/2022
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Ruth Health on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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