Responsum Health

Building online knowledge communities for people with chronic conditions

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Form C
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Security Type
Crowd SAFE
Categories
B2B
Min Investment
$100
Location
WASHINGTON, DC
Offering Date
August 25, 2021
Expected Close Date
March 26, 2022
Target Raise
$25.00K-$1.07M
No. Investors
285
Security Price
$1
Website
responsumhealth.com
Number of Employees
0
Cash
$30,789
Revenue
$839,500
Short Term Debt
$21
Cost of Goods
$0
Long Term Debt
$881,900
Net Income
$110,153

Company Description

Building patient knowledge, one community at a time

Responsum creates and manages disease-specific, patient knowledge, and community building apps. Developed from years of research, interviews, and collaboration with patients, our free, disease-specific apps are designed to improve knowledge, grow self-confidence, support needs and concerns, and facilitate the organization and coordination of healthcare information. 

Perks

Invest
$100
Receive
"Thank you" mention on Responsum Health's Twitter channel

Invest
$250
Receive
"Thank you" mention on Responsum Health's Twitter channel
Personal Thank You email from CEO, Andrew Rosenberg
Appear in listing of key investors on ResponsumHealth.com

Invest
$500
Receive
"Thank you" mention on Responsum Health's Twitter channel
Personal Thank You email from CEO, Andrew Rosenberg
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt

Invest
$1,000
Receive
"Thank you" mention on Responsum Health's Twitter channel
Personal Thank You email from CEO, Andrew Rosenberg
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt
Responsum Health 20 oz. Yeti Tumbler

Invest
$2,000
Receive
"Thank you" mention on Responsum Health's Twitter channel
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt
Responsum Health 20 oz. Yeti Tumbler
Personal "Thank You" phone call from CEO, Andrew Rosenberg

Invest
$5,000
Receive
"Thank you" mention on Responsum Health's Twitter channel
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt
Responsum Health 20 oz. Yeti Tumbler
Personal quarterly Investor Update phone call from CEO, Andrew Rosenberg

Key Deal Facts

Disease-specific, web-curated Newsfeeds for people with chronic conditions
4 patient-partnered, commercially supported platforms in the market
Just launched platform #5 for persons with Long COVID
Participant in StartUp Health Accelerator Program
Customers include Otsuka, Abbvie, Galapagos, The Allergan Foundation
Profitable w/ $840K in 2020 revenue, monthly revenue of $72.5K (June 2021)
Projected revenue of $9M by 2025

Perks

Invest
$100
Receive
"Thank you" mention on Responsum Health's Twitter channel

Invest
$250
Receive
"Thank you" mention on Responsum Health's Twitter channel
Personal Thank You email from CEO, Andrew Rosenberg
Appear in listing of key investors on ResponsumHealth.com

Invest
$500
Receive
"Thank you" mention on Responsum Health's Twitter channel
Personal Thank You email from CEO, Andrew Rosenberg
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt

Invest
$1,000
Receive
"Thank you" mention on Responsum Health's Twitter channel
Personal Thank You email from CEO, Andrew Rosenberg
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt
Responsum Health 20 oz. Yeti Tumbler

Invest
$2,000
Receive
"Thank you" mention on Responsum Health's Twitter channel
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt
Responsum Health 20 oz. Yeti Tumbler
Personal "Thank You" phone call from CEO, Andrew Rosenberg

Invest
$5,000
Receive
"Thank you" mention on Responsum Health's Twitter channel
Appear in listing of key investors on ResponsumHealth.com
Responsum Health T-Shirt
Responsum Health 20 oz. Yeti Tumbler
Personal quarterly Investor Update phone call from CEO, Andrew Rosenberg
Amount Raised : $129,763
Reveal the Score by Voting
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Not enough ratings to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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