Company Profile (AI Text) Name: NASCEND, PBC Canonical URL: https://wefunder.com/nascend Updated at: 2026-06-02T05:01:40Z Tagline: Transformative Tech for Brighter Beginnings: Elevating Outcomes for Opioid Exposed Newborns Key claims: - Total raised on Wefunder: 161375 | citation: https://wefunder.com/nascend#claim-total-raised - Total investors: 26 | citation: https://wefunder.com/nascend#claim-total-investors Verified facts: - Total raised on Wefunder: 161375 | observed_at: 2026-06-02T05:01:40Z | expires_at: 2026-06-03T05:01:40Z - Total investors: 26 | observed_at: 2026-06-02T05:01:40Z | expires_at: 2026-06-03T05:01:40Z Computed metrics: - total_amount_raised: 161375 - total_investors: 26 - team_size: 4 - featured_investor_count: 2 - faq_count: 4 - recent_post_count: 0 Quick facts: - CEO & Founder: national expert, physician, Forbes 1000 Entrepreneurs to Watch 2021 & Who's Who 2024 | citation: https://wefunder.com/nascend#claim-fact-1 - $6.7M Revenue projected by 2025 with an average ACV of $150K | citation: https://wefunder.com/nascend#claim-fact-2 - $4B total market revenue, currently with no direct competitor | citation: https://wefunder.com/nascend#claim-fact-3 - Today, 7% of pregnant women disclose opioid use in pregnancy | citation: https://wefunder.com/nascend#claim-fact-4 - Over a quarter of a million infants are born opiate exposed each year | citation: https://wefunder.com/nascend#claim-fact-5 - Our outcomes: 84% fewer infants treated resulting in decreased admissions to the neonatal ICU | citation: https://wefunder.com/nascend#claim-fact-6 - Our outcomes: $12.4K cost savings per infant with NAS | citation: https://wefunder.com/nascend#claim-fact-7 - Profit from Purpose: Certified B-Corp, Public Benefit Corporation, and KY Canopy Certified company | citation: https://wefunder.com/nascend#claim-fact-8 FAQ: - Q: Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round? A: Hi Teddy, Apologies for the delayed response-I am still learning the platform. Our current burn rate is $35k/month, cash on hand is $125K with committed contracts to date of more than $500K and committed non-dilutive funds (grants) of $558K . We are reaching out to Angel investors for this round. Our lead is Render Capital and we have 1 local accredited investors who is investing this week at $250K. Key Horse Capital is currently an investor and they are considering investing in this round as... - Q: Thanks Dawn. Just so I understand fully, you essentially have $683k of cash (including grants), for an implied runway of ~19 months? Also, do you have 2023 revenue figures? A: Yes Teddy, that is correct, we have 19 months runway without our committed contracts/revenue. In 2023 our revenue was $407, 540. Please let me if you have additional questions. - Q: Hello NASCEND team, I'm Zac Stahlhut from D3VC, a venture fund that specializes in equity crowdfunding deals. We've reviewed your offering on WeFunder and have a few questions that piqued our interest: Firstly, considering the regulatory landscape for medical and health-relate... A: Hey Zac Thank you for your interest in NASCEND! To answer your questions, first we thankfully do not foresee any regulatory issues. Our current apps and newly developing tech platform to deliver our certification will not be subject to regulatory issues. Our only app of concern was our AssessPro (assessment and treatment guide for newborns), which was reviewed by the FDA and received an exemption from wcg-IRB for our clinical trial. As for the cost savings the $12.4K projected savings is for ... - Q: Can you share your thoughts on how often you will update us on how things are progressing with your goals and business plan? Secondly, do you intend to file the annual report with the SEC? Thanks for your feedback. A: HI, we will provide 2-4 updates a year (quarterly) with additional updates as we achieve milestones. Any SEC filings will be completed per the requirements for crowd funding.