Sensory Health
About this raise
Sensory Health, with a valuation of $3.5 million, is raising funds on MicroVentures. The company is building a network of sensory-friendly healthcare clinics for patients with intellectual and developmental disabilities. The business assists healthcare clinics and organizations in converting their medical settings into sensory-adapted environments through adjustments including fidget toys, white noise, and adjustable LED lights. Sensory Health has partnered with the American Association of Multi-Sensory Environments and is contracted by the Delta Dental Foundation. Ben Hudson and Richard Margolin founded Sensory Health in May 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $350,000. The campaign proceeds will be used for inventory, business development, software development, web development, new hires, and working capital.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 12/26/2022
- Close Date
- 10/23/2023
$25,000
$350,000
$100
Convertible Note
Early Stage
RegCF
$3,500,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$6,521
as of FY2022
-
Runway
-
0.9 months
as of FY2022
- Gross Margin
-
57%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/23/2023 | Microventures | $3,500,000 | $0 | Convertible Note | Not Funded | RegCF |