SuperBetter

SuperBetter

Closed: Jan. 2023

About this raise

SuperBetter, with a valuation of $8 million, is raising funds on Republic. The company has developed a platform that empowers youth to overcome obstacles and achieve their goals. The platform uses the psychology of gameplay for social-emotional learning, building resilience, student success, and mental health. SuperBetter has been developed by world-renowned game designer Jane McGonigal and has been played by over one million people. Keith Wakeman founded SuperBetter in November 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, establishing partnerships, making the game better, and adding more languages.

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Investment Overview

Invested this round: $100,580

Deal Terms

Total Commitments

Platform
Republic
Start Date
10/10/2022
Close Date
01/31/2023
Min. Goal
$25,000
Max Goal
$1,235,000
Min. Investment

$150

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Company & Team

Company

Year Founded
2014
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Glen Ellyn, Illinois
Business Type
High Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Keith Wakeman
Title
CEO
Founder Name
Jane McGonigal
Title
Science

Financials

 Revenue
$0
 Monthly Burn
$18,315
 Runway
0.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-219,781

$-207,331

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$7,028

$18,167

Accounts Receivable

$0

$0

Total Assets

$7,028

$18,167

Short-Term Debt

$585,415

$371,519

Long-Term Debt

$190,356

$179,581

Total Liabilities

$775,771

$551,100

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/31/2023 Republic $8,000,000 $100,580 SAFE Funded RegCF
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Add to portfolio
SuperBetter on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $8,000,000

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Follow SuperBetter on Republic 2022

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

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