Stay Clean

Early Stage

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

Analytics

Raised to Date: Raised: $56,276

Aggregate Commitments $

Platform

Wefunder

Start Date

01/13/2021

Close Date

08/31/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$3,970,000

Rolling Commitments $

Status
Funded
Reporting Date

09/05/2021

Days Remaining
Funded
% of Min. Goal

113%

% of Max. Goal

23%

Likelihood of Max
Funded
Avg. Daily Raise

$245

Momentum
Funded
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Location

Louisville, Kentucky

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

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: 01/13/2021
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Stay Clean on Wefunder
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Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $3,970,000

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