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PROOF IN RECOVERY

Operating

Proof in Recovery, INC.

Software & AI · B2B · Founded 2018

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Digital therapeutics and remote patient monitoring for substance use disorders

Valuation cap ⓘ
$8.0M
As of Jun 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$59,426
Across 1 round since 2022

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$0
−$2K
2019
$49K
−$40K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$0
$49,000
Cost of goods sold
$0
$24,500
Gross margin
—
50%
Net income
-$2,242
-$39,875
Taxes paid
$0
$450
Balance sheet
Cash
$427
$2,395
Accounts receivable
$0
$49,000
Total assets
$427
$51,395
Short-term debt
$0
$24,500
Long-term debt
$25,000
$40,000
Total liabilities
$25,000
$64,500
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

Valuation caps on SAFE / convertible note rounds
$8.0M
Valuation cap
Reg CF · SAFE · Jan 2022

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · SAFE · Jan 2022Closedvia WeFunder
Raised $59.4K / $250KInvestors 34Valuation cap $8M

Team

2 people
Christine Schneider
Chief Clinical Officer
Zachary Ratliff
Tech & Data Guru

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

34 investors
holder-count proxy

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

SEC filings

  • Form CJan 31, 20220001670254-22-000101
    EDGAR
Source: ManualCIK 0001888566

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.