Sen-Jam Pharmaceutical

Sen-Jam Pharmaceutical

Early Stage

Own a stake for health equality; affordable and accessible for all

Own a stake for health equality; affordable and accessible for all


Raised to Date: Raised: $1,008,951

Total Commitments ($USD)



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Security Type

Convertible Note



SEC Filing Type

RegCF    Open SEC Filing

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Year Founded



Healthcare & Pharmaceuticals

Tech Sector


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Capital Intensity



Huntington, New York

Business Type


Sen-Jam Pharmaceutical, with a valuation of $25 million, is raising funds on Wefunder. The pharmaceutical company makes highly accessible, safe, and affordable drugs that work. The drugs of Sen-Jam Pharmaceutical combine NSAIDs and antihistamines to prevent inflammation and associated pain. Sen-Jam Pharmaceutical is majorly targeting opioid withdrawal, alcohol hangover prevention, and COVID-19 therapeutic. Jim Iversen and Jackie Iversen founded Sen-Jam Pharmaceutical in August 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for product development, regulatory affairs, marketing, communications, and intellectual property advancement.

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Financials as of: 12/02/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sen-Jam Pharmaceutical 04/29/2024 Wefunder $80,000,000 $902,184 Convertible Note Active RegCF / RegD 506(c)
Sen-Jam Pharmaceutical 04/25/2024 Dealmaker Securities - - Convertible Note Active RegD 506(c)
Sen-Jam Pharmaceutical 01/11/2023 StartEngine $69,979,019 $312,093 Equity - Common Funded RegCF
Sen-Jam Pharmaceutical 07/31/2022 Wefunder $25,000,000 $1,008,951 Convertible Note Funded RegCF
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Founder Profile

Sen-Jam Pharmaceutical Founder Jim Iversen on Making Effective and Affordable Drugs

Prescription drug prices in the United States are painfully high. Americans pay more than twice as much as other countries for medication. This can weigh especially heavily on individuals without insurance who are struggling to make ends meet. 

In recognition of this problem, Sen-Jam Pharmaceutical aims to develop and sell affordable and effective oral anti-inflammation medicine. The company is working on eight products to address specific conditions, including COVID-19, opioid withdrawal, and hangovers. We reached out to co-founder and CEO Jim Iversen to learn more about the origins of the business and its plans following the raise.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview

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Sen-Jam Pharmaceutical on Wefunder 2021
Platform: Wefunder
Security Type: Convertible Note
Valuation: $25,000,000

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Warning: according to the close date for this deal, Sen-Jam Pharmaceutical may no longer be accepting investments.

Sen-Jam Pharmaceutical Deal Report

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