Overview
Platform
Dealmaker Securities
Start Date
08/25/2023
Close Date
05/31/2024
Min. Goal
$10,300
Max. Goal
$1,102,100
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$25,000,000
Year Founded
2012
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
High
ZYPPAH, with a valuation of $25 million, is raising funds on Dealmaker Securities. The company makes its patented mouthguards to solve the problem of snoring. ZYPPAH mouthguards directly stop the tongue from blocking the airway and have demonstrated a 91% success rate in resolving snoring problems in an FDA-approved clinical study. The business has sold over 500,000 units of mouthguards to more than 400,000 customers and generated $55 million in sales. Jonathan Greenburg founded ZYPPAH in March 2012. The current crowdfunding campaign has a minimum target of $10,300 and a maximum target of $1.1 million. The campaign proceeds will be used for manufacturing, operational costs, and marketing.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$1,981,092 |
$3,059,386 |
|
COGS |
$246,506 |
$289,925 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$685,836 |
$485,517 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$39,290 |
$138,016 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,171,256 |
$1,616,125 |
|
Short-Term Debt |
$905,337 |
$1,565,596 |
|
Long-Term Debt |
$1,263,787 |
$1,925,561 |
|
Total Liabilities |
$2,169,124 |
$3,491,157 |
Financials as of: 08/25/2023
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