You:Flourish

You:Flourish

Closed: Feb. 2023

About this raise

You:Flourish, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an app to give individuals access to vetted mental health resources and connections. The app includes a resource directory, a peer support community, and a wellness hub. You:Flourish is specifically created for the LGBTQ+ community and has been incubated by a renowned LGBTQ+ mental health organisation, Envision:You. Steven Haden founded You:Flourish in October 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.07 million. The campaign proceeds will be used for app development, marketing, hiring, and operations.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
09/22/2022
Close Date
02/22/2023
Min. Goal
$100,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

15%

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Denver, Colorado
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Steven Haden
Title
Interim CEO and Chief Strategy Officer

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$5,157
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-61,889

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25

$0

Accounts Receivable

$0

$0

Total Assets

$25

$0

Short-Term Debt

$61,889

$0

Long-Term Debt

$0

$0

Total Liabilities

$61,889

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$108,300
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/22/2023 Wefunder $20,000,000 $0 SAFE Not Funded RegCF
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Add to portfolio
You:Flourish on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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