TruBrain

Early Stage

Brain Food for Your Unique Brain

Analytics

Raised to Date: Raised: $874,052

Aggregate Commitments $

Platform

StartEngine

Start Date

06/15/2022

Close Date

06/15/2023

Min. Goal

$473

Max. Goal

$9,315,000

Min. Investment

$473

Security Type

Equity - Common

Funding Type

RegA+

Series

Seed

Price Per Share

$0.43

Pre-Money Valuation

$24,300,000

Rolling Commitments $

Status

Active

Reporting Date

06/27/2022

Days Remaining

353

% of Min. Goal

184,789%

% of Max. Goal

9%

Likelihood of Max
extremely
Avg. Daily Raise

$72,838

Momentum
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Location

Santa Monica, California

Industry

Fitness & Wellness

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

TruBrain, with a valuation of $24.3 million, is raising funds on StartEngine through Reg A+ crowdfunding. The company provides cognitive nutrition in the form of brain food containing CBD. The products of TruBrain are made with high-quality ingredients using their unique formulas and help improve the brain’s abilities and overcome mental blocks. TruBrain achieved profitability in 2019 and has reported $17 million in lifetime sales. Chris Thompson founded TruBrain in 2012. The current crowdfunding campaign has a maximum target of $9,315,000. The campaign proceeds will be used for research and development, sales and marketing, capital expenses, and general and administrative expenses.

Balance Sheet

Cash and Cash Equivalents

$1,284,276

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$1,583,825

Accounts Payable & Accrued Liabilities

$74,037

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$113,859

Total Liabilities

$1,374,042

Total Stockholders' Equity

$209,783

Total Liabilities and Equity

$1,583,825

Statement of Comprehensive Income Information

Total Revenues

$2,139,169

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$959,151

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$73,257

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Fruci & Associates II, PLLC
Financials as of: 06/15/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
TruBrain 06/15/2023 StartEngine $24,300,000 $874,052 Equity - Common Active RegA+
TruBrain 03/31/2022 StartEngine $18,500,000 $634,561 Equity - Common Funded RegA+
TruBrain 12/27/2019 StartEngine $19,000,000 $1,070,029 Equity - Common Funded RegCF
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TruBrain on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $24,300,000
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