Sober Sidekick
Early Stage
The virtual community for healing from addiction
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
06/16/2022
Close Date
10/17/2022
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$7,500,000
Valuation Cap
$8,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/17/2022
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
B2C
Margin
High
Capital Intensity
Low
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: 06/16/2022
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