ZYPPAH (2018)

ZYPPAH (2018)

About this raise

Who Should Be Interested:
Do you, or does someone you know (and sleep with), snore? Are you tired of being woken up by chainsaw rumbles each night? If this sounds like you, then Zyppah could be the investment you’ve been waiting for. Zyppah is an anti-snoring device that will help you finally get some sleep again -- without those earthquake-like snoring interruptions.

The Company:
Zyppah is here to help with your snore. It’s an oral hybrid mouthpiece that combines a patented tongue strap, called the Tongue Elastic, with traditional mouthpiece technology. The strap supports the tongue and keeps it from falling backwards into your airway, while the traditional technology brings the jaw forward. The best part? For the majority of clients, it’s not only comfortable, but it completely eliminates snoring -- even within the first night of use! Zyppah is the only hybrid mouthpiece of its kind in the US, and right now they are available to buy online. However, Zyppah anticipates FDA approval for over-the-counter sales in the next year, which means the produce would be sold in places like Amazon, Costco, and Walmart. So far, the company’s sold almost 140,000 units and collected $13M in revenue in 2017, and they have more than 20,000 unique visitors to their site per week. The device is made entirely in the US for $18 and retails for $100.

The Bottom Line:
100 million Americans snore a year, and 30-40 million of them develop sleep apnea. Zyppah can help these people (and their partners!) find the much-needed sleep they deserve. If they can capture even 10% of the snoring market, that would lead to 10 million appliances sold and $1B in sales. Zyppah can help you turn a profit….and sleep soundly while doing so.

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Investment Overview

Invested this round: $359,340

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/05/2018
Close Date
06/30/2018
Min. Goal
$107,000
Max Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$80,000,000

Company & Team

Company

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

Team

Employees
11

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

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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ZYPPAH on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $80,000,000
Price per Share: $10.00

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