Choix

Breaking down barriers to abortion and reproductive care

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Security Type
Crowd SAFE
Min Investment
$100
Location
SAN RAFAEL, CA
Offering Date
October 03, 2022
Expected Close Date
February 12, 2023
Target Raise
$25.00K-$1.24M
No. Investors
213
Security Price
$1
Website
choixhealth.com
Number of Employees
11
Cash
$67,418
Revenue
$542,590
Short Term Debt
$52,046
Cost of Goods
$193,457
Long Term Debt
$40,000
Net Income
$-5,225

Company Description

Sources included at end of section.

Key Deal Facts

Created to expand access to high-quality, affordable abortion care
Founded & led by abortion & reproductive healthcare clinicians
Mission-driven to remove barriers to abortion access for all people
Abortion offered as part of a suite of sexual & reproductive health care
$1M raised to date
$97k+ avg monthly revenue, 300+ avg monthly patients

Management Team / Advisory Board Bios

Cindy Adam
Co-Founder & Chief Executive Officer

Aisha Wagner
Co-founder & Co-Chief Medical Officer

Moira Rashid
Co-Chief Medical Officer

Lauren Dubey
Co-founder & Chief Nursing Officer

Mark Adam
Co-Founder, President & Chief Technology Officer

Nitin Rai
Board Member

Jen Giroux
Chief Brand Officer

Melissa Madera
Head of Research and Partnerships

Rhonda Pitman
Chief Financial Officer
Amount Raised : $135,000
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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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