About
Loosid App supports sobriety with resources like treatment guides, sober dating, events, and Recovery Voices, connecting 150K+ members in recovery.
- Sunny Isles, United States of America
- Legal Name: Loosid App, LLC
- Company ID: 82-4841087
- Year Founded: 2018
- Industry: Online Media
- Website: https://loosidapp.com/
- SEC Filings
Highlights
$32M
CF Valuation
$1.2M
Total Raised
$59.8K
Revenue
24
Employees
Indicators
Profit Margin
-2164.3%
(-853.2%)
2022: -1311.1%
Current Ratio
∞
(0%)
2022: ∞
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $59,798 | $0 | $0 | — |
| Cost of Goods Sold | -$88,575 | -$353,184 | -$115,861 | -24% |
| Gross Profit | -$28,777 | -$353,184 | -$115,861 | -75% |
| Other Costs | -$1,265,438 | -$288,173 | -$759,755 | 67% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$1,294,215 | -$641,357 | -$875,616 | 48% |
| BALANCE SHEET | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $60,094 | $0 | $53 | 113,285% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $60,094 | $0 | $53 | 113,285% |
| Other Assets | $0 | $0 | $0 | — |
| Total Assets | $60,094 | $0 | $53 | 113,285% |
| Short Term debt | $0 | $0 | $0 | — |
| Long Term debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Total Debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Other Liabilities | -$3,105,343 | -$2,362,903 | -$1,721,546 | 80% |
| Total Liabilities | $60,094 | $0 | $53 | 113,285% |
Revenue Growth
Employee Growth
Valuation Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $59,798 | $0 | $0 | — |
| Cost of Goods Sold | -$88,575 | -$353,184 | -$115,861 | -24% |
| Gross Profit | -$28,777 | -$353,184 | -$115,861 | -75% |
| Other Costs | -$1,265,438 | -$288,173 | -$759,755 | 67% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$1,294,215 | -$641,357 | -$875,616 | 48% |
| BALANCE SHEET | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $60,094 | $0 | $53 | 113,285% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $60,094 | $0 | $53 | 113,285% |
| Other Assets | $0 | $0 | $0 | — |
| Total Assets | $60,094 | $0 | $53 | 113,285% |
| Short Term debt | $0 | $0 | $0 | — |
| Long Term debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Total Debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Other Liabilities | -$3,105,343 | -$2,362,903 | -$1,721,546 | 80% |
| Total Liabilities | $60,094 | $0 | $53 | 113,285% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $59,798 | $0 | $0 | — |
| Cost of Goods Sold | -$88,575 | -$353,184 | -$115,861 | -24% |
| Gross Profit | -$28,777 | -$353,184 | -$115,861 | -75% |
| Other Costs | -$1,265,438 | -$288,173 | -$759,755 | 67% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$1,294,215 | -$641,357 | -$875,616 | 48% |
| BALANCE SHEET | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $60,094 | $0 | $53 | 113,285% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $60,094 | $0 | $53 | 113,285% |
| Other Assets | $0 | $0 | $0 | — |
| Total Assets | $60,094 | $0 | $53 | 113,285% |
| Short Term debt | $0 | $0 | $0 | — |
| Long Term debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Total Debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Other Liabilities | -$3,105,343 | -$2,362,903 | -$1,721,546 | 80% |
| Total Liabilities | $60,094 | $0 | $53 | 113,285% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $59,798 | $0 | $0 | — |
| Cost of Goods Sold | -$88,575 | -$353,184 | -$115,861 | -24% |
| Gross Profit | -$28,777 | -$353,184 | -$115,861 | -75% |
| Other Costs | -$1,265,438 | -$288,173 | -$759,755 | 67% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$1,294,215 | -$641,357 | -$875,616 | 48% |
| BALANCE SHEET | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $60,094 | $0 | $53 | 113,285% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $60,094 | $0 | $53 | 113,285% |
| Other Assets | $0 | $0 | $0 | — |
| Total Assets | $60,094 | $0 | $53 | 113,285% |
| Short Term debt | $0 | $0 | $0 | — |
| Long Term debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Total Debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Other Liabilities | -$3,105,343 | -$2,362,903 | -$1,721,546 | 80% |
| Total Liabilities | $60,094 | $0 | $53 | 113,285% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $59,798 | $0 | $0 | — |
| Cost of Goods Sold | -$88,575 | -$353,184 | -$115,861 | -24% |
| Gross Profit | -$28,777 | -$353,184 | -$115,861 | -75% |
| Other Costs | -$1,265,438 | -$288,173 | -$759,755 | 67% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$1,294,215 | -$641,357 | -$875,616 | 48% |
| BALANCE SHEET | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $60,094 | $0 | $53 | 113,285% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $60,094 | $0 | $53 | 113,285% |
| Other Assets | $0 | $0 | $0 | — |
| Total Assets | $60,094 | $0 | $53 | 113,285% |
| Short Term debt | $0 | $0 | $0 | — |
| Long Term debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Total Debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Other Liabilities | -$3,105,343 | -$2,362,903 | -$1,721,546 | 80% |
| Total Liabilities | $60,094 | $0 | $53 | 113,285% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $59,798 | $0 | $0 | — |
| Cost of Goods Sold | -$88,575 | -$353,184 | -$115,861 | -24% |
| Gross Profit | -$28,777 | -$353,184 | -$115,861 | -75% |
| Other Costs | -$1,265,438 | -$288,173 | -$759,755 | 67% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$1,294,215 | -$641,357 | -$875,616 | 48% |
| BALANCE SHEET | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $60,094 | $0 | $53 | 113,285% |
| Accounts Receivable | $0 | $0 | $0 | — |
| Total Liquidity | $60,094 | $0 | $53 | 113,285% |
| Other Assets | $0 | $0 | $0 | — |
| Total Assets | $60,094 | $0 | $53 | 113,285% |
| Short Term debt | $0 | $0 | $0 | — |
| Long Term debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Total Debt | $3,165,437 | $2,362,903 | $1,721,599 | 84% |
| Other Liabilities | -$3,105,343 | -$2,362,903 | -$1,721,546 | 80% |
| Total Liabilities | $60,094 | $0 | $53 | 113,285% |
Indicators
Profit Margin
-2164.3%
(-853.2%)
2022: -1311.1%
Current Ratio
∞
(0%)
2022: ∞
Efficiency Ratio
148.1%
(-80.5%)
2022: 759.8%
Key figures
| INCOME STATEMENT | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue Growth | 27% | ∞ | ∞ |
| Profit Margin | -2,164% | 0% | 0% |
| Current Ratio | ∞ | ∞ | ∞ |
| Efficiency Ratio | 148% | ∞ | ∞ |
| Solvency Ratio | -41% | -27% | -51% |
| Debt Ratio | 5,268% | ∞ | 3,248,300% |
Funding History
2 Funding Rounds
$1,486,831Total Raised
$32,000,000CF Valuation
33%Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
2. Open | Open | — | $249,716 | Wefunder | SAFE | $32M cap | 33% | SEC Reg CF | 140 days | Sep 18, 2024 |
1. Closed | Closed | Apr 29, 2024 | $1,237,115 | Wefunder | SAFE | $24M cap | — | SEC Reg CF | 432 days | Feb 22, 2023 |
