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Balanced Pharma Inc

Operating

Biotech · Cornelius, NC

Estimated pre-money ⓘ
$82.4M
As of Mar 2022 · from Reg A Offering (2022) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$6,971,340
Crowd $1.1M · Private $5.9M · 5 rounds since 2020
Latest share price
$4.00
Reg A+ · Equity · Mar 2022 offering price

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$0
−$901K
2020
$0
2021
$0
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 audited
Income statement
Revenue
$0
$0
$0
Cost of goods sold
$0
—
—
Net income
-$900,980
—
—
Balance sheet
Cash
$1,616,810
$1,616,810
$426,243
Accounts receivable
$0
—
—
Total assets
$1,696,346
$1,696,346
$714,977
Long-term debt
$0
—
—
Total liabilities
$3,588
$3,588
$97,311
Other
Headcount
1
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$82.4M
est. pre-money
Reg A+ · Equity · Mar 2022

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Dec 31, 2022
ClassOutstandingVotes / shareShare of totalLast price
Common stock20,762,398—100.0%$4.00Mar 2022

Shares outstanding over timein today's share terms

21M10M0
Dec 2020Dec 2022
Common stockRound openedSplit / conversion

Principal holders% as the filing states it, May 1, 2023

  • J. Scott Keadle9,682,000 Common Stock42.0%of company
  • Everyone else (not named in filings)58.0%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $175KInvestors 2
Raised $498KInvestors 19
Raised $3.2MInvestors 1
Reg A+ · Equity · Mar 2022Closedvia DALMORE GROUP LLC
Raised $1.1M / $25MEst. pre-money $82.4M
Raised $2MInvestors 44

Team

4 people
J. Scott Keadle
Chief Executive Officer
Cory McClelland
Chief Financial Officer
Jason Suggs
Chief Communications Officer
John Selig
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form D/ASep 23, 20250001838860-25-000007
    EDGAR
  • Form DJan 15, 20250001838860-25-000001
    EDGAR
  • Form DDec 12, 20240001838860-24-000002
    EDGAR
  • Form DDec 12, 20240001838860-24-000003
    EDGAR
  • Form 1-ZSep 6, 20230001104659-23-098411
    EDGAR
  • Form 1-KMay 1, 20230001104659-23-053330
    EDGAR
  • Form 253G2Mar 30, 20230001104659-23-039255
    EDGAR
  • Form 1-SASep 16, 20220001104659-22-100549
    EDGAR
Source: SEC EDGARCIK 0001838860DEShare price $4.00Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.