# Loosid Investor Update: Record January Performance & $250K Fundraising Milestone | Loosid

- Canonical URL: https://wefunder.com/feed/179890
- Entity ID: wefunder:feed_item:179890
- Published at: 2025-02-26 15:28:22 UTC
- Updated at: 2025-07-17 18:05:55 UTC

## Author
Mj Gottlieb

## Subject
Loosid

## Content
Wefunder Campaign: First Milestone ReachedWe're excited to announce that our Wefunder campaign has surpassed the crucial $250,000 milestone! With this achievement, the early bird discount is now closed as we move into the next phase of our raise. Thank you to all early supporters who have helped us reach this important benchmark.There is still time to participate - Click here for more informationJanuary Performance: Starting 2025 with Record-Breaking MomentumWe're thrilled to share that January has kicked off the new year with extraordinary performance across all key metrics. Our strategic adjustments to marketing efficiency have yielded impressive results:Revenue Growth & Marketing Efficiency:Revenue surged by 30.28% from $80,322 in December to $104,648 in JanuaryThis remarkable growth was achieved while simultaneously reducing marketing spend by 6.96%Return on Ad Spend (ROAS) Highlights:Loosid Sober Shop: Gross ROAS increased dramatically from 29% in December to 148% in January — a 5x improvementSubscription + Sober Shop: Net ROAS grew from 35.42% to 56.43%Dating Platform: ROAS improved from 45.04% to 53.75%Overall Performance:Gross revenue ROAS increased from 50.69% to 71.01%Net ROAS grew from 44.78% to 63.67%These numbers validate our refined marketing approach and demonstrate the growing demand for our services. The dramatic improvement in Loosid Sober Shop performance is particularly noteworthy, indicating strong product-market fit and effective targeting.Conference Highlights: MJ's Impactful Presentation at 361Firm NY Tech SummitAt the prestigious 361Firm NY Tech Summit on February 25th, MJ delivered a compelling presentation that resonated deeply with the audience of influential investors and industry leaders.MJ framed addiction and sobriety as universal human issues: "Addiction is not a political issue... it's a human issue," while challenging conventional wisdom about impact-driven businesses: "The double bottom line can increase shareholder value beyond anyone that's selling widgets per se."MJ's talk centered on transforming how society approaches sobriety by:Redefining Sobriety as Aspirational: Positioning sobriety as a positive lifestyle choice that enhances wellbeing and authentic connectionsCreating Meaningful Connections: As MJ emphasized, "The principles that are helping people in addiction is connection, and that's what we're doing."Beyond Recovery to Thriving: "It's one thing to get sober, but it's another thing to stay sober." Loosid focuses on both sides of this equation.Fundraising Momentum in New YorkMJ is currently in New York leading an intensive investor outreach campaign. This strategic visit includes:Meetings with high-potential investors and family offices interested in our growth trajectoryPitch presentations to multiple investor groups showcasing our recent performance metricsCultivating relationships with strategic partners who can accelerate our market expansionThe timing of these meetings is ideal given our exceptional January performance, which demonstrates both our revenue growth potential and our increasing operational efficiency.Upcoming Philadelphia Engagement: "When Doing Good is Good for Business"We wanted to inform our investors that MJ will be hosting a strategic gathering in Philadelphia focused on the intersection of social impact and shareholder value:Event Details:Date: Thursday, February 27, 2025Time: 5:30 PM – 7:30 PMLocation: Cuba Libre, 10 S. 2nd St., Philadelphia, PAThis exclusive event brings together current shareholders, qualified potential investors, and strategic partners to showcase Loosid's unique position at the crossroads of purpose and profit.We appreciate your continued support and look forward to building on this momentum throughout 2025. As always, please reach out directly to MJ with any questions.