NASCEND, PBC

Transformative Tech for Brighter Beginnings: Elevating Outcomes for Opioid Exposed Newborns

https://wefunder.com/nascend

Total raised on Wefunder: 161375

Total investors: 26

Quick facts

  • CEO & Founder: national expert, physician, Forbes 1000 Entrepreneurs to Watch 2021 & Who's Who 2024
  • $6.7M Revenue projected by 2025 with an average ACV of $150K
  • $4B total market revenue, currently with no direct competitor
  • Today, 7% of pregnant women disclose opioid use in pregnancy
  • Over a quarter of a million infants are born opiate exposed each year
  • Our outcomes: 84% fewer infants treated resulting in decreased admissions to the neonatal ICU
  • Our outcomes: $12.4K cost savings per infant with NAS
  • Profit from Purpose: Certified B-Corp, Public Benefit Corporation, and KY Canopy Certified company

Team profiles

Featured investor profiles

NASCEND, PBC

Transformative Tech for Brighter Beginnings: Elevating Outcomes for Opioid Exposed Newborns

Funded badge
Last Funded July 2024

$286,375

raised from 26 investors

What Investors Say

LEAD INVESTOR
Invested $20,000 this round
NASCEND is an innovative clinical solution, education and technology company dedicated to improving the health and well being of families affected by maternal substance use disorder (SUD). 7% of women report opioid use during pregnancy and 1 in 4 pregnant women have filled a prescription for opiates. This has a direct impact on infants where neonatal abstinence syndrome is one of the most pressing medical and social problems we face today. Pregnancy is a motivator for change, and with support, it can be a pivotal point to seek treatment for substance use disorder. In an industry hungry for solutions, NASCEND's work on opioid assessment and treatment is unparalleled. NASCEND’s nationally acclaimed programs are based on the work of Dr. Forbes and have revolutionized methods that address and improve the lives of those affected by the opioid epidemic. Render Capital’s Louisville Community Fund (LCF) is more than return-driven. LCF has a strong track record of investing in companies that have an impact on the individual personally or the community in general. NASCEND is one of those investments where return meets impact. Our investment goes directly into a company that delivers impactful solutions to a huge crisis while still being able to be sustainable. Render Capital team are big fans of Dawn Dr. Forbes and the team at NASCEND. They are passionate and deliver results.
What People Say