Stay Clean

Stay Clean

Early Stage

We are a cloud-based telemedicine program and community for addiction treatment

We are a cloud-based telemedicine program and community for addiction treatment

Overview

Raised to Date: Raised: $56,276

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/12/2021

Close Date

08/30/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.50

Pre-Money Valuation

$3,970,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/04/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$245

# of Investors

44

Momentum
Funded
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Year Founded

2017

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Louisville, Kentucky

Business Type

Growth

Stay Clean, with a pre-money valuation of $3.97 million, is raising funds on Wefunder. The company offers addiction treatment through its HIPAA secure telemedicine platform. The addicts and codependents get to access self-guided life skill tutorials, meet certified clinicians, and have an online recovery community through the Stay Clean platform. Michael Coleman and Gene Gilchrist founded Stay Clean in 2017 and have raised over $100,000 since the inception. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards sales and marketing, clinical staff, and general expenses. Stay Clean is led by an experienced team of health care providers and offers comprehensive treatment and recovery.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$250

$0

COGS

$62

$0

Tax

$190

$205

 

 

Net Income

$-9,331

$-49,623

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$379

$5,377

Accounts Receivable

$0

$0

Total Assets

$379

$5,377

Short-Term Debt

$0

$5,000

Long-Term Debt

$59,333

$50,000

Total Liabilities

$59,333

$55,000

Financials as of: 01/12/2021
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Stay Clean on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $3,970,000
Price per Share: $0.50

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Warning: according to the close date for this deal, Stay Clean may no longer be accepting investments.

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