Zendo
About this raise
Zendo, with a valuation of $10 million, is raising funds on StartEngine. The company has developed a patent-pending wearable neuromodulation device that makes meditation easy. The device uses gentle neurostimulation and activates the parts of the brain involved in expert meditation. Zendo is, therefore, being used to enhance human wellness, transformation, and performance. The next-gen device is being developed to include a wireless headband integrated with a companion meditation app and has exciting collaborations, including the one with the US Performance Center. Bashar Badran and Baron Short founded Zendo in May 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.07 million. The campaign proceeds will be used to finalize the second generation Zendo and launch it.
Investment Overview
Invested : $158,828
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 11/08/2022
- Close Date
- 02/06/2023
$10,000
$1,070,000
$250
Equity - Preferred
Early Stage
RegCF
$1.00
$9,997,104
Company & Team
Company
- Year Founded
- 2017
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $49,710
- Monthly Burn
- $8,926
-
Runway
- 17.9 months
- Gross Margin
- 19%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $415,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/06/2023 | StartEngine | $9,997,104 | $158,828 | Equity - Preferred | Funded | RegCF |