Sober Sidekick

Early Stage

The virtual community for healing from addiction

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Wefunder

Start Date

06/17/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Price Per Share

$0.00

Valuation Cap

$8,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Marina Del Rey, California

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

Sober Sidekick, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a meaningful social platform to break the addiction. The platform helps in bringing about community-driven behavioral change by providing decentralized mental health support. Sober Sidekick is based on an empathy algorithm and motivates people to help people by providing support, advice, motivation, and positive feedback. Sober Sidekick has over 100,000 users and has reported a 16 times revenue growth in the last 12 months. Chris Thompson, Jake Foerster, and Chris Aburime founded Sober Sidekick in October 2021. 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 growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$262,533

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$3,801

$-2,985

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,689

$0

Accounts Receivable

$0

$0

Total Assets

$39,991

$0

Short-Term Debt

$37,500

$2,985

Long-Term Debt

$0

$0

Total Liabilities

$37,500

$2,985

Financials as of: 06/17/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Analyst Report Analyst Report Methodology Article

Pending Review

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Sober Sidekick on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

Follow company

Follow Sober Sidekick on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Sober Sidekick on Wefunder 2022

Thank you for your vote on Sober Sidekick on Wefunder 2022

Bullish / Bearish
You're Bearish on Sober Sidekick on Wefunder 2022

Thank you for your vote on Sober Sidekick on Wefunder 2022