Vansanity

Vansanity

Closed: Oct. 2020

About this raise

Vansanity, with a valuation cap of $10 million, is raising funds on Wefunder. The company functions in the aesthetic medical sector by offering cloud medical spas. Aesthetic practitioners can avoid the upfront capital expense of a facility and rent medical workspace on-demand from Vansanity. The company rents space and machines to the professionals on an hourly basis, with little or no overheads or fixed costs. Vansanity was founded by Ignacio Fanlo, Danny DeMarco, and Blake Moser in 2018 and has raised more than $1.6 million since its founding. The proceeds of the current crowdfunding round, with a minimum raise of $250,000 and a maximum raise of $1,070,000, will be used towards sales, marketing, operations, and capital equipment. Vansanity is led by an experienced team of medical recruiters, medical salespeople, medical spa owners, and entrepreneurs. The first location is already functional in Boston, and the company plans to be in over 25 locations.

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Investment Overview

Invested this round: $842,872

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
05/15/2020
Close Date
10/30/2020
Min. Goal
$250,000
Max Goal
$1,070,000
Min. Investment

$500

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Company & Team

Company

Year Founded
2018
Industry
Real Estate & Construction
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
Boston, Massachusetts
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Founder Name
Ignacio Fanlo
Title
CEO
Founder Name
Shannon Hay Seeberan
Title
VP Business Development
Founder Name
Blake Moser
Title
Co-Founder

Financials

 Revenue
$4,377
 Monthly Burn
$23,635
 Runway
11.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$4,377

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-283,614

$-22,659

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$269,821

$975

Accounts Receivable

$0

$0

Total Assets

$954,154

$975

Short-Term Debt

$9,945

$23,152

Long-Term Debt

$0

$0

Total Liabilities

$9,945

$23,152

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/30/2020 Wefunder $10,000,000 $842,872 SAFE Funded RegCF
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Vansanity on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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