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FISHER WALLACE LABORATORIES

Operating

Fisher Wallace Laboratories, Inc.

Healthcare · Brooklyn, NY · Founded 2019

Medical Devices for Mood and Sleep

Post-money valuation
$100.8M
As of Aug 2023 · from Reg A Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$11,029,195
Across 18 rounds since 2019
Latest share price
$11.30
Reg CF Offering (2026-04-17) offering price

Financials

FY2017–FY2025 · from SEC filings · hover any figure for its source
$4.7M
$200K
2018
$3.9M
−$543K
2019
$4.3M
−$1.8M
2020
$4.2M
−$3.3M
2021
$4.7M
−$7.1M
2022
$4.7M
−$7.1M
2023
$47K
−$1.6M
2024
$34K
−$1.4M
2025
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 1 earlier year is in the table below.

Metric
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Income statement
Revenue
$4,653,739
$4,717,684
$3,864,706
$4,250,866
$4,230,290
$4,739,387
$4,739,387
$47,412
$34,261
Cost of goods sold
$1,209,467
$1,082,135
$947,495
$970,761
$623,703
$1,096,113
$1,096,113
$3,012
$5,049
Gross margin
74%
77%
75%
77%
85%
77%
77%
94%
85%
Net income
$414,419
$200,325
-$543,056
-$1,823,732
-$3,262,291
-$7,073,744
-$7,073,744
-$1,579,900
-$1,447,538
Taxes paid
$0
$0
$0
$1,597
$250
$0
$0
$0
$0
Balance sheet
Cash
$333,608
$159,577
$339,584
$695,749
$1,929,380
$128,229
$128,229
$41,626
$48,142
Accounts receivable
$0
$6,658
$30,560
$2,302
$0
$0
$0
$0
$0
Total assets
$341,987
$186,410
$390,878
$853,359
$1,999,403
$439,495
$439,495
$154,382
$144,634
Short-term debt
$556,805
$328,510
$0
$1,094,023
$966,198
$0
$427,470
$596,721
$591,311
Long-term debt
$126,525
$0
$625,525
$620,416
$576,525
$0
$1,083,664
$925,582
$693,612
Total liabilities
$683,330
$328,510
$1,227,009
$1,714,439
$1,542,723
$0
$1,511,134
$1,522,303
$1,284,923
Other
Headcount
8
8
6
12
12
3
2
3

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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$16.1M
post-money
$81.3M
post-money
$81.6M
post-money
$44.7M
post-money
$82.6M
post-money
$100.3M
post-money
$100.8M
post-money
Fisher Wallace Stock 1
Fisher Wallace Laboratories Common Stock 2
Fisher Wallace Laboratories Inc. Common Stock 3
Reg A Offering (2020)
Fisher Wallace Common Stock 4
Reg CF Offering (2023-03-06)
Reg A Offering (2023)

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Reg CF Offering (2026-04-17)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $0 / $4.4M
Reg CF Offering (2026)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $130.1K / $2.6M
Reg CF Offering (2025-11-24)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $195.5K / $2.6MInvestors 158
Reg CF Offering (2025-10-02)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $228.3K / $900KInvestors 218
Reg CF Offering (2025)ClosedReg CF · Convertible Note · via DEALMAKER SECURITIES LLC
Raised $203.3K / $517.5KInvestors 133
Reg CF Offering (2024-12-12)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $217.4KInvestors 222
Reg CF Offering (2024-09-26)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $281.3K
Reg CF Offering (2024-06-11)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $237.7K
Reg CF Offering (2024-03-28)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $405.9K
Reg CF Offering (2024)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $469.1K
Reg CF Offering (2023)ClosedReg CF · Common Equity · via DEALMAKER SECURITIES LLC
Raised $536.3K
Reg A Offering (2023)ClosedReg A+ · Equity · via STARTENGINE PRIMARY LLC
Raised $475.3K / $10MInvestors 474Post-money $100.8M
Reg CF Offering (2023-03-06)ClosedReg CF · via StartEngine
Raised $11.7KPost-money $100.3M
Fisher Wallace Common Stock 4ClosedReg CF · Common Equity · via StartEngine
Raised $883.8K / $1.8MInvestors 621Post-money $82.6M
Reg A Offering (2020)ClosedReg A+ · Equity · via STARTENGINE PRIMARY LLC
Raised $4.7M / $10MInvestors 2,776Post-money $44.7M
Fisher Wallace Laboratories Inc. Common Stock 3ClosedReg CF · Common Equity · via StartEngine
Raised $181.5K / $1MInvestors 273Post-money $81.6M
Fisher Wallace Laboratories Common Stock 2ClosedReg CF · Common Equity · via StartEngine
Raised $837.4K / $1.9MInvestors 702Post-money $81.3M
Fisher Wallace Stock 1ClosedReg CF · Common Equity · via StartEngine
Raised $1.1M / $1.1MInvestors 1,479Post-money $16.1M

Team

3 people
Charles "Chip" Fisher
Co-Founder & Chairman & Director

Charles “Chip” Fisher grew up in the electronics business - his father, Avery Fisher, founded Fisher Radio (later renamed Fisher Electronics). After graduating from Harvard and serving as a sales executive at IBM, Chip acquired the original intellectual property to the Fisher Wallace Stimulator and is the company’s CFO and largest shareholder - and a recent TEDx contributor.

Kelly Roman
Co-Founder, CEO, and Director

For more than a decade, Kelly Roman has helped pioneer the prescription wearable category and has expertise in product development, regulatory affairs, healthcare marketing and clinical trial strategy. Prior to co-founding Fisher Wallace, Kelly graduated from Harvard and served as an award-winning executive in the digital advertising and SaaS industries. He recently served on the boards of two charter high schools in New York City.

Simon Webster
Board Member

Simon is CEO of SHUFL Capital, the venture capital firm that recently invested in Fisher Wallace Laboratories. Simon's early career was spent in the UK financial services sector leading business change, delivering technology transformations and supporting M&A transactions. He led CPA Global on its 20 year journey from a £50m business to its recent public market entry at a value of £6.5bn. Simon has been investing in and working with founders of growth businesses in the SHUFL sectors since 2010.

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

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 7 of 7 annual reports (FY2019–FY2025)

2,776 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C/AJul 16, 20260001787792-26-000011
    EDGAR
  • Form C/AMay 22, 20260001787792-26-000009
    EDGAR
  • Form C-ARApr 30, 20260001787792-26-000006
    EDGAR
  • Form 1-KApr 30, 20260001787792-26-000008
    EDGAR
  • Form C-AR/AApr 30, 20260001787792-26-000007
    EDGAR
  • Form CApr 17, 20260001787792-26-000005
    EDGAR
  • Form C-UMar 24, 20260001787792-26-000004
    EDGAR
  • Form C-UMar 4, 20260001787792-26-000003
    EDGAR
Source: ManualCIK 0001787792DEShare price $11.30

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.