-
Security Type
-
Crowd SAFE
-
Min Investment
-
$100
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Offering Date
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November 14, 2022
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Expected Close Date
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April 09, 2023
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Target Raise
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$25.00K-$1.24M
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No. Investors
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32
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Security Price
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$1
- Number of Employees
- 2
- Cash
- $27,164
- Revenue
- $186,668
- Short Term Debt
- $63,996
- Cost of Goods
- $39,075
- Long Term Debt
- $55,001
- Net Income
- $13,218
Company Description
Breathing is the only habit you do from your first day until your last, but most people don’t consciously focus on breathwork despite the deep connection between your breath and physical and emotional wellbeing.
Perks
Reserve
$1,000
Receive
Moksha 1.0 alongside 3-month free app subscription
Exclusive Moksha merch
Reserve
$5,000
Receive
2x Moksha 1.0 alongside 6-month free app subscriptions
Lifetime discount to Moksha products
Exclusive Moksha merch
Reserve
$10,000
Receive
4x Moksha 1.0 alongside lifetime free app subscriptions
First access to limited-time color drops
Lifetime discount to Moksha products
Exclusive Moksha merch
Reserve
$100,000
Receive
Quarterly 1:1 meetings with CEO and COO
4x Moksha 1.0 alongside lifetime free app subscriptions
Free limited-time color drops as released
Lifetime free app subscriptions for all future device purchases and referrals
Lifetime discount to Moksha products
Exclusive Moksha merch
Key Deal Facts
Meditation-enhancing breathing device
15,000 units sold | $550k total GMV as of October 2022 | 85% DTC Margins
New smart device & app: Prototype launched July 2022 | 1500 beta app users
Moksha 1.0 launch January 2023
$2.5M projected revenue in 2023 (product sales, subscription, affiliates)
Management Team / Advisory Board Bios
Yash Ghanekar
CEO
Co-Founder and CEO
Jaymin Shah
COO
Co-Founder and COO
Olivier Grinda
Advisor
Serial entrepreneur with $60M raised, two successful exits, and 10+ years experience in scaling d2c companies
Sachin Shah
Advisor
MD and Lead Physician for Quality Improvement at Children's Medical Center