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MyLifeWell on MicroVentures 2022

Platform

Microventures

Start Date

09/21/2022

Close Date

02/27/2023

Min. Goal

$25,000

Max. Goal

$700,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Valuation Cap

$7,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

09/21/2022

Days Remaining

159

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Battle Creek, Michigan

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

MyLifeWell, with a valuation of $7 million, is raising funds on MicroVentures. It is an all-in-one wellness programming and rewards platform that offers solutions for employees’ and clients’ wellness. The wellness program of MyLifeWell is based on living well, traveling well, and shopping well and ensures physical, mental, social, and emotional wellbeing of employees. MyLifeWell has conducted 60 product demos in 2022 compared to 13 in 2021. Gaurav Goomer founded MyLifeWell in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $700,000. The campaign proceeds will be used for research and development, future wages, marketing, and general working capital.

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