ZYPPAH

About this raise

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.

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Investment Overview

Invested this round: $147,700

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
08/25/2023
Close Date
08/22/2024
Min. Goal
$10,300
Max Goal
$1,102,100
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$25,000,000

Company & Team

Company

Year Founded
2012
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Carson City, Nevada
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Lawrence Biggs
Title
CEO
Founder Name
Jonathan Greenburg
Title
Chairman

Financials

as of Fiscal Year 2022
 Revenue +36% YoY
$1,981,092
 Monthly Burn
Profitable
 Cash on Hand
$39,290
Gross Margin
88%

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$125,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/22/2024 DealMaker Securities $25,000,000 $147,700 Equity - Common Funded RegCF
06/30/2018 Wefunder $80,000,000 $359,340 Equity - Preferred Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
ZYPPAH on Dealmaker Securities 2023
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $1.00

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Follow ZYPPAH on Dealmaker Securities 2023

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Warning: according to the close date for this deal, ZYPPAH may no longer be accepting investments.

ZYPPAH Deal Report

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