TMJ Relax
Early Stage
A TMJ therapist in your medicine cabinet
Overview
Raised: $107,255
Total Commitments ($USD)
Platform
StartEngine
Start Date
04/24/2022
Close Date
07/21/2022
Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment
$499
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.46
Pre-Money Valuation
$8,750,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
07/19/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$1,233
# of Investors
21
Momentum
Not Funded
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Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
TMJ Relax, with a valuation of $8.75 million, is raising funds on StartEngine. The company has created a solution for TMJ disorder using computer-aided design and 3D manufacturing. The solution of TMJ Relax makes the treatment of temporomandibular joint disorder more effective, affordable, and user-friendly. The device of TMJ Relax is FDA cleared and helps to prevent and treat migraines, muscle tension, and bruxism caused by TMJ disorder. Charles Sutera III founded TMJ Relax in October 2021. The current crowdfunding campaign has a minimum target of $9,999.54 and a maximum target of $1,069,998.96. The campaign proceeds will be used to spread awareness and develop an immersive and comprehensive educational course for physicians and dentists.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$43,991 |
$0 |
|
COGS |
$6,087 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-51,978 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$81,650 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$150,525 |
$0 |
|
Short-Term Debt |
$57,234 |
$0 |
|
Long-Term Debt |
$57,234 |
$0 |
|
Total Liabilities |
$114,468 |
$0 |
Financials as of: 04/24/2022
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