See the Great Companies We’re Considering at the November 19 Cherub Club Meeting
I’m not a financial advisor; nothing I write in Superpowers for Good should be considered investment advice. You should seek appropriate counsel before making investment decisions.
As we gear up for the 1:00 PM Eastern, November 19th, meeting of the Impact Cherub Club, we invite you to join us. The club meets to review impact investments everyone is eligible to make, and virtually anyone can afford. We share responsibility for completing basic due diligence before making investments. While members are encouraged to invest in the Club’s picks, no one is required to invest.
The Club is open to all “Impact Members” of the SuperCrowd (our paying subscribers). I don’t touch the Money members invest. They do so directly for their own accounts. We benefit from new members by the fresh perspectives they bring and our growing social impact. Please join us!
Next Meeting—November 19th, at 1:00 PM Eastern
At our next meeting on November 19th, at 1:00 PM Eastern/10:00 AM Pacific, consistent with our plans for future sessions, the agenda will have three items:
Diligence Reports
Education Moment
Preliminary Consideration of New Candidate Investments
I’ll review those items in reverse order.
New Company Consideration
After some preliminary screening, I’ve shared some candidate offerings with the members of the club to choose which we’ll review this month. Members chose the following:
Imago Rehab
Imago Rehab Inc. leverages AI and robotics to transform the rehabilitation industry, aiming for enhanced patient outcomes through the innovative Imago Glove. Their Technology-driven approach, backed by a distinguished management team with ties to Harvard, MIT, and leading health insurers, allows remote rehabilitation via telehealth, covered by 23 major insurers, including Medicare. With two patents granted and two pending, Imago is recognized for its social impact, especially in accessible rehabilitation. The company collaborates on a $5M NSF grant with Harvard and Mass General, reflecting promising Growth and a significant role in advancing remote rehabilitation. Imago is raising on Wefunder. (Wefunder doesn’t openly share readable or searchable copies of the Form C; You can find them, however, by adding the following characters to the URL of the offering for which you want to read the Form C: /form_c/.)
Health Care Originals
Health Care Originals (HCO) is pioneering AI-driven respiratory care for asthma and COPD patients, aiming to transform chronic disease management. The company has a strong management team with expertise from Lark Health and Blue Cross, supporting innovative health solutions. Their proprietary wearable technology is designed for accurate respiratory monitoring, bolstered by a robust IP portfolio of 13 patents with 10 more pending. HCO has achieved significant clinical outcomes, with two-thirds of users reporting no asthma attacks or COPD flare-ups after six months. This offering supports HCO’s potential to scale impact in the $83 billion respiratory care market. Health Care Originals is raising on Wefunder. (Wefunder doesn’t openly share readable or searchable copies of the Form C; You can find them, however, by adding the following characters to the URL of the offering for which you want to read the Form C: /form_c/.)
Education Moment
This month, we’ll discuss impact measurement collaboratively with a focus on assessing the impact the Club has had over the three years of its existence.
Diligence Reports
We’ll begin with the due diligence reports from the Impact Cherub Club members who volunteered to research the companies after we briefly learned a bit about them last month. After hearing the members’ reports, we’ll vote to determine whether or not to recommend investment in the companies. The decision will be made available to all Impact Cherub Club members, including those who don’t attend this month. Register here.
Here is the company we’ll learn more about this month:
Agua Bonita
Agua Bonita, based in Hanford, CA, is raising funds on Wefunder via a convertible note with a $7.2 million valuation cap. The company offers real fruit aguas frescas and has achieved significant growth, expanding from 200 to over 1,000 Retail locations, including Whole Foods and Target. They’ve surpassed $1 million in lifetime revenue and are backed by investors like Cher and climate-focused funds. The team is diverse, with a minority workforce, and the investment minimum is $100.
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Max-Impact Members
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Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
SuperCrowd Mastermind Group, twice monthly on the 1st and 3rd Thursdays at noon Eastern. This group is for entrepreneurs and small business owners interested in raising money from the crowd. Attend your first meeting free!
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on November 19, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.
SuperCrowdHour, November 20, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At November’s SuperCrowdHour, Devin will explain six common investment types you need to understand before you can invest like a pro. Free to attend.
Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET – Click on Events
Community Revitalization, Thursdays, 10:00 AM Eastern.
Main Street Skowhegan and NC3 Entrepreneur Finance Workshop Series, September 17 – November 19, 2023.
2025 Earthshot Prize Application window open through November 15, 2024. Apply today!
CfPA Webinar with President-Elect Jenny Kassan sharing her vision for 2025, December 11 at 2:00 PM Eastern.
Asheville Neighborhood Economics, date TBD following impact of Helene.
If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.
Originally Published on https://www.superpowers4good.com/
