Upper Health

Upper Health

Closed: Sep. 2024

About this raise

Upper Health, with a valuation of $7 million, is raising funds on Wefunder. The company saves lives by design and delivers wellness and lifestyle medicine all in one place. Upper Health enables independent brands and providers to communicate and operate as one unit under the administrative system-shared policies, procedures, clinical protocols, operational processes, and referral tools. The company sells both in-network services and products D2C for a negotiated percentage of every sale and generates revenue. Sara Auld founded Upper Health in April 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for the launch of a medical practice, which will include the hiring of clinical staff.

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Investment Overview

Invested this round: $25,975

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
05/23/2024
Close Date
09/23/2024
Min. Goal
$25,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Wilmington, North Carolina
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Sara Auld
Title
CEO

Financials

 Revenue
$6,025
as of FY2023
 Monthly Burn
$322
as of FY2023
 Cash on Hand
$19,057
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$6,025

$8,855

COGS

$0

$0

Tax

$92

$0

 

 

Net Income

$6,655

$-11,348

Summary Balance Sheet

FY 2023 FY 2022

Cash

$83,625

$81,868

Accounts Receivable

$0

$0

Total Assets

$83,625

$81,868

Short-Term Debt

$-13,212

$-8,314

Long-Term Debt

$0

$0

Total Liabilities

$-13,212

$-8,314

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$160,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/23/2024 Wefunder $7,000,000 $25,975 SAFE Funded RegCF
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Add to portfolio
Upper Health on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

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Follow Upper Health on Wefunder 2024

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

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