# Answering Your Questions About This Round | Simplify Genomics

- Canonical URL: https://wefunder.com/feed/350809
- Entity ID: wefunder:feed_item:350809
- Published at: 2026-07-10 20:29:52 UTC
- Updated at: 2026-07-10 20:34:59 UTC

## Author
Travis Lacey

## Subject
Simplify Genomics

## Content
We've had a lot of questions come in from this community over the last week about the round we just opened, so we wanted to take the opportunity to give you direct answers.About This RoundOur last round on WeFunder brought in more than 2,800 investors. This one is structured differently: it's a Reg D raise, which under SEC rules means it's currently limited to only 247 accredited investors. If you've seen our updates but haven't had access to invest, that's why. Only accredited investors with a verified status can receive the private link to invest via Wefunder.You qualify as an accredited investor if any one of the following apply:Income over $200,000 per year for the last two years ($300,000 if filing jointly with a spouse)Net worth over $1 million, not including your primary residenceA Series 7, 65, or 82 license in good standingIf you're not sure where you stand, you can verify your status directly on WeFunder.How to Check Your Accreditation StatusLog into WeFunder and go to Settings → Investor Limits (wefunder.com/settings/investor_limits)Select "Yes" for accredited status and answer the confirmation questionsClick "Save" and you're all set!Full details are on WeFunder's accreditation guide.How to InvestIf you're already verified as accredited on Wefunder, you should have received a private link from us via email to invest directly. If you can't find it or need us to resend it, just email us at investors@simplifygenomics.com and we'll get it right over.If you haven't verified yet, once you've verified, email us at investors@simplifygenomics.com or comment on this update and we'll send you the details and the link to invest.Other Terms of the OfferingWe've also seen a lot of questions about the terms of the offering. Here's what you should know:We're raising through a SAFE with a 20% discount, uncapped.This round doesn't have a set valuation. Instead, your investment converts into shares at our next priced round, at a 20% discount to whatever price is set then.If you invest $20K or more, you'll get a whole genome test, full interpretation report, and a genetic counselor consultation.In short: there's no fixed valuation attached to this round. You're getting in ahead of that number being set, with a built-in 20% discount once it is.If you have any other questions, please write to us investors@simplifygenomics.com or book a call.Why Get In NowWith just word of mouth, we've grown from 2 to 15 physician practices in concierge medicine and executive health, each one now offering our whole genome report to their patients.We're now onboarding our partnership with SimonMed, one of the largest outpatient imaging providers in the country. They have over 200 sub-specialty radiologists, 150+ accredited facilities nationwide, and a client base of more than a million people. We expect this partnership to meaningfully increase our volume and this raise is what gets us through that onboarding and to cash flow positive. More to come on this as it develops.If you've been thinking about joining this round, now's the time to verify your status and let us know.— TravisThis bridge round is currently open to accredited investors. Not sure if that's you? Here's WeFunder's guide to accreditation and the link to verify your status. Once verified, reach out to investors@simplifygenomics.com, comment below, or book a call — we'll get you the details.