Zeen by Exokinetics

Growth Stage

Innovative mobility devices for those facing restrictions due to age or disability

Analytics

Raised to Date:
$63,314 - RegCF
$163,314 - Total

Aggregate Commitments $

Platform

SeedInvest

Start Date

09/26/2022

Close Date

10/31/2022

Min. Goal

$25,000

Max. Goal

$5,000,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegCF / RegD 506(c)

Series

Series B

Price Per Share

$1.21

Pre-Money Valuation

$25,000,000

Rolling Commitments $

Status
Not Funded
Reporting Date

10/31/2022

Days Remaining
Not Funded
% of Min. Goal

253%

% of Max. Goal

1%

Likelihood of Max
Not Funded
Avg. Daily Raise

$1,809

Momentum
Not Funded
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Location

West Chester, Pennsylvania

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Zeen by Exokinetics, with a valuation of $25 million, is raising funds on SeedInvest. It is a new mobility device for those battling age, injury, and disease to enjoyably bridge sitting, standing, walking, and coasting. Zeen can lift patients up to a standing position and become a fast and safe way to move around or relax at a sociable height. Zeen by Exokinetics works on patented and differentiated technology and has received pre-orders surpassing the current manufacturing capabilities. Garrett Brown founded Zeen by Exokinetics in July 2016. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $1.9 million, and a maximum target of $5 million. The campaign proceeds will be used for inventory, payroll and planned hires, sales and marketing, product development, and general operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,262,253

$-1,628,356

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$594,820

$2,894,127

Accounts Receivable

$0

$0

Total Assets

$2,458,483

$3,667,223

Short-Term Debt

$107,749

$49,534

Long-Term Debt

$1,164,761

$111,249

Total Liabilities

$1,272,510

$160,783

Financials as of: 09/26/2022
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Zeen by Exokinetics on SeedInvest 2022
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Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $25,000,000

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