# UpLyft Investor Update May 2025 | UpLyft™

- Canonical URL: https://wefunder.com/feed/182504
- Entity ID: wefunder:feed_item:182504
- Published at: 2025-05-22 17:53:07 UTC
- Updated at: 2025-07-24 23:49:13 UTC

## Author
Craig Misrach

## Subject
UpLyft™

## Content
Please refer to the following May 2025 Quarterly Investor update video on YouTube.Key Highlights:1. On track for ~$1.1M+ Revenue from 75 unit production run with MPE2. MPE production line is up. 75 units of Finished Goods expected by 6/30/253. Sales expanding into Skilled Nursing & Rehab Facilities. Spinal Cord Injury Centers next.4. VA Contract being renewed. 6 figures of sales in our pipeline - but have not yet closed.We have an immediate need to close another $350K of equity This is imperative for the efforts of our investment banker to bring in another $500K-$1M of equity. This is critical for our Path to Profitability and stay current with our debt service obligations.Equity Raise:1. Convertible Debt Round terms have increased for all investors who participate:2. 8% interest3. Discount on Conversion to Equity increased from 20% to 30%4. $19.8M valuation Conversion Cap implemented for subscribersPath to Profitability:1. Close the $1M+ of equity (inside investors + investment banker)2. Expand our senior debt facility by $500K (in negotiation)3. Sell 25 UpLyfts per month (~$14.5K ASP) and we project reaching cash flow positive monthly4. MPE can now manufacture quarterly in batch sizes at/above the break-even sales volume5. Sales expansion requires Marketing which is funded from equity. Our Marketing Initiatives generate 10X Return on Ad Spend (which is 3.3X better than med device industry 3X average)Summary:On one end, we are in the best spot in our history from a commercial scalability perspective. On the other end, we are in one of the most challenging times for raising equity to grow and scale the business. We need to close the above referenced $350K equity as soon as possible to stay current with our debt service obligations and $1M+ to execute our sales initiatives for 2025.As always, let me know if you have any questions.