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Sensate on Wefunder 2022

Date:

Platform

Wefunder

Start Date

05/26/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Equity – Preferred

Funding Type

RegCF

Price Per Share

$0.51

Pre-Money Valuation

$18,000,132

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

339

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Camden, Delaware

Industry

Fitness & Wellness

Tech Sector

HealthTech

Sensate, with a valuation of $18 million, is raising funds on Wefunder. The company is revolutionizing wellness technology by using the natural power of sonic resonance to calm the body’s nervous system. The device of Sensate provides immediate relief from stress and relaxation in just ten minutes of use. Sensate uses infrasonic therapy to help the body recover from daily stresses. The business generated $2.8 million in revenues in 2021 and reported a 363% year-over-year growth. Anna Gudmundson and Stefan Chmelik founded Sensate in November 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, research and development, and employee salaries.

Summary Profit and Loss Statement

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/26/2022

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