About this raise
Supersapiens, with a valuation of $85 million, is raising funds on Republic. The company has developed a real-time biometrics platform to monitor and optimize human health and performance. The platform offers real-time glucose monitoring and provides metabolic insights, assistance, and education for athletes. Supersapiens has over 15,000 users and generated $2 million in revenue in 2022. Phil Southerland, Jay Robbins, and Fitzalan Crowe founded Supersapiens in February 2019. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1.24 million. The campaign proceeds will be used for technology and product development, sales and marketing, science and research and development, infrastructure, and working capital.
Investment Overview
Invested : $1,235,000
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 04/07/2023
- Close Date
- 04/28/2023
$250,000
$1,235,000
$100
Convertible Note
Growth Stage
RegCF
$85,000,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +2,036% YoY
-
$1,832,611
as of FY2021
- Monthly Burn
-
$1,183,128
as of FY2021
-
Runway
-
0.5 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $24,893,081
- VC Backed?
- No