Trusst
About this raise
Trusst, with a $6M valuation cap, is raising funds on Republic. The company has assembled national experts on messaging-based therapy to deliver an empirically-validated, HIPAA-compliant app that solves the scalability and affordability crisis in mental health care. Bill Hudenko, Ph.D. and David Allen, M.B.A. founded Trusst in February, 2019. Trusst is raising a crowdfunding round with a minimum goal of $25,000 and a maximum goal of $1,070,000. The Trusst app offers a tiered care model that is personalized and affordable.
Investment Overview
Invested $105,839 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $125,000
- Monthly Burn
- $20,305
-
Runway
- 2.8 months
- Gross Margin
- 52%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/15/2021 | Republic | $6,000,000 | $105,839 | SAFE | Funded | RegCF |