WeThrivv

WeThrivv

Closed: Apr. 2025

About this raise: WeThrivv, with a valuation of $15.98 million, is raising funds on PicMii. The company is focused on the discovery and commercialization of new products and technology for skin, hair, and anti-aging. WeThrivv makes natural products for skin rejuvenation and hair loss using safe ingredients backed by data from clinical studies. The flagship products of WeThrivv include hair rejuvenation serum, scalp scrub and shampoo, anti-aging peptide serum, hydrating serum, and hydrogel infusion face mask, and it sells them through its website, Amazon, medical offices, and international distributors. Sanjay Batra and Amy Batra founded WeThrivv in January 2021. The current crowdfunding campaign has a minimum target of $9,996.17 and a maximum target of $5 million. The campaign proceeds will be used for R&D, inventory, and marketing.

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Investment Overview

Invested this round: $33,601

Deal Terms

Total Commitments ($USD)

Platform
PicMii
Start Date
08/13/2024
Close Date
04/25/2025
Min. Goal
$9,996
Max. Goal
$4,999,997
Min. Investment

$495

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.63

Pre-Money Valuation

$15,981,741

Company & Team

Company

Year Founded
2021
Industry
Beauty & Personal Care
Tech Sector
Retailtech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Doylestown, Pennsylvania
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Sanjay Batra
Title
CEO
Founder Name
Amy Batra
Title
President

Financials

as of Fiscal Year 2023
 Revenue +89% YoY
$936,671
 Monthly Burn
$107,164
 Runway
2 months
Gross Margin
77%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$936,671

$496,362

COGS

$214,225

$112,669

Tax

$0

$0

 

 

Net Income

$-306,713

$-1,010,874

Summary Balance Sheet

FY 2023 FY 2022

Cash

$214,328

$285,879

Accounts Receivable

$25,049

$0

Total Assets

$407,052

$347,098

Short-Term Debt

$163,120

$82,222

Long-Term Debt

$0

$26,350

Total Liabilities

$163,120

$108,572

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,645,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/25/2025 PicMii $15,981,741 $33,601 Equity - Common Funded RegCF
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WeThrivv on PicMii 2024
Platform: PicMii
Security Type: Equity - Common
Valuation: $15,981,741
Price per Share: $4.63

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