Wisdom.io

Wisdom.io

Wisdom.io is raising funds on Issuance Express. The company has designed an end-to-end Smart Home System specifically for older adults aging in place. Wisdom.io protects older adults with privacy-preserving sensors that are installed in the home and connected to family and caregivers via a mobile application. The system detects falls, lack of movement, and other anomalies in daily routine and sends alerts if a critical situation is detected. Cathy Minter and Dawn Newsome founded Wisdom.io in December 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, manufacturing, equipment purchases, hiring, and general working capital.

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Investment Overview

Raised this Round: Raised: $26,260

Deal Terms

Total Commitments ($USD)

Platform
Issuance Express
Start Date
11/21/2024
Close Date
04/30/2025
Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.70

Pre-Money Valuation

$5,949,988

Company & Team

Company

Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Greenwich, Connecticut
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Dawn Newsome
Title
President and CTO
Founder Name
Cathy Minter
Title
CEO

Financials

as of November 18, 2024
 Revenue
$0
 Cash on Hand
$50,000

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$170,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Issuance Express $5,949,988 $26,260 Equity - Preferred Active RegCF
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Add to portfolio
Wisdom.io on Issuance Express 2024
Platform: Issuance Express
Security Type: Equity - Preferred
Valuation: $5,949,988
Price per Share: $0.70

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Follow Wisdom.io on Issuance Express 2024

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