Sensory Health
Early Stage
Sensory-adapted environments for healthcare offices and clinics
Overview
Raised: $0
Total Commitments ($USD)
Platform
Microventures
Start Date
12/26/2022
Close Date
10/23/2023
Min. Goal
$25,000
Max. Goal
$350,000
Min. Investment
$100
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$3,500,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/24/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$9,561 |
$0 |
|
COGS |
$4,084 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-78,246 |
$-50,793 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$5,802 |
$12,691 |
|
Accounts Receivable |
$9,561 |
$0 |
|
Total Assets |
$15,363 |
$12,691 |
|
Short-Term Debt |
$39,402 |
$13,484 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$39,402 |
$13,484 |
Financials as of: 12/26/2022
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