Dear Investors,
We have now officially closed our latest round of capital with a total of $366,320 USD, including 2x VC’s (Yope and OSF) + 14 Angels. We’re excited to hit some important milestones with this capital.
KPIS:
- **Team Wellbeing: 7.7** (+0.1)
- Customer Metrics: 33 total LumeCoach users (+12% this month), and 526 Total Downloads of the LumeApp in TestFlight (+51%)
- Waitlist: 842 (+11%) mainly from Hacker News Post + Reddit/LinkedIn posts
💰 Financial Update
Projected Runway until: December 2025
May 2025:
- Projected Burn Rate: $54,976
- Actual Burn Rate: $53,330 ($1,646 under)
July 2025: Projected Burn Rate: $66,776
Science & Engineering 🧬
- Microfluidic Development: Our cortisol sensor is now performing reliably in static solution (pictured!), and we’ve optimized key parameters required for transition to a fluid flow-based format. The microfluidic channel system has been tested.
