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BioCertica isn't accepting new investments

BioCertica’s deadline was August 15, 2023

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BioCertica

A personalized shopping experience for wellness customers using AI
B2B Supplements Nutrition Fight Disease Biotechnology
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$25,021
Raised
48
Investors
Successfully funded and closed on August 15, 2023.
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Closed on August 15, 2023. Information may not be up-to-date. Campaign closed on August 15, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Impact Funding Founders Summary
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by BioCertica, Inc. . View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
BioCertica Crowd SAFE BioCertica Form C.pdf
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Hear from some of the 48 people reserved or invested in BioCertica


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Highlights


  • Pioneering hyper-personalization: Digital ID x Personal Genomics
  • Digital ID securely linking commerce to the genetic needs of the consumer
  • Easily integrated | Consensual | Secure
  • 12-mo revenue of $350k
  • Fully monetized Biologin product launching in Q4


Problem


Commerce personalization has become a necessity...

  • 71% of consumers expect personalized interactions
  • 76% of consumers are frustrated when personalization doesn't happen
  • 40% of companies grow 40% faster when providing personalization

—

...yet 75% of businesses fail in implementing it:

  • They struggle to scale their personalization efforts
  • They lack the data foundation
  • They're overwhelmed about how to personalize products

Personalization companies are focusing on behavioral economics to optimize the buying decisions of clients.

We believe they are missing the mark by not leveraging the largest unused dataset that already optimizes for a person's wellbeing — DNA.


Solution


B2B personalization leveraging genetic data— securely and consensually

Combining a consumer's personal, medical and genetic data into a digital identity allows BioCertica to securely link a company's products and services to the exact genetic needs of the consumer.

  • It's fast
    Integrate BioCertica into your business — one-click installation.
  • It's easy
    User logs in and data is exchanged with consent. The matching algorithm does all of the heavy lifting and offers tailor-made products to the user.
  • It protects data
    All data exchange is consensual and user-driven.

Product


How BioCertica works

Customer experience



Traction


We have been capital efficient

  • Pre-seed round of $650k spent on genetics platform
  • 12-month revenue of $350k using one sales channel
  • Average gross monthly burn rate of $66K
  • Projecting 6 months to profitability (practitioner portal)

Customers


Focusing on three
acquisition channels

to achieve our market share objectives.

We have identified repeatable strategies to acquire and retain new customers — we will iterate on these and back the winning strategies:

Business model


SaaS for online
wellness retailers



Market


$50B total
available market

  • $50B total available market
    7.6M e-merchants in North America, Europe, and Sub-Saharan Africa could use our BioLogin platform for a $49 monthly subscription rate and 50 cents per BioLogin x 1,000 logins per month per merchant.
  • $14B serviceable available market
    Our go-to-market strategy focuses solely on integrating with wellness industry clients, roughly 29% of the online merchants in our TAM.
  • $150M serviceable obtainable market
    Given our go-to-market strategy, we estimate we will attain a minimum of 1% market share in our SAM over five years.
  • $17M launch market
    Given our launch market, we estimate that we can reach a user base of 2,500 online merchants in South Africa over five years.
  • eCommerce accounts for 25% of all retail sales worldwide
  • 12m to 24M eCommerce sites worldwide
  • 79% of eCommerce shops in the launch market use WordPress
  • Shopify has 1.75m merchants
  • The US accounts for +/-25% of online retailers
  • Estimated 800K online stores in Europe & South Africa have 1.25M websites
  • 30% of commerce sites use wellness-related content

Competition


A digital ID bio-wallet,
a genetic product, and 
a personalization tool

Our competitive advantage combines the two worlds with hyper-personalization experiences:

—

—

Vision and strategy


Signing 15k retailers will achieve a valuation of $1B*

at 10X revenue

Average revenue/retailer $6,500 p.a.
X 15,000 required retailers
= valuation at 10x revenue of $1B*


Impact


Gene Help Fund
Community Project

One in three children in South Africa is considered stunted. Child stunting is a preventable condition.

For every BioCertica DNA test kit purchase, we'll contribute to the Inani Startwell Foundation.

The Inani StartWell Foundation's primary focus is to combat malnutrition and child stunting by designing, manufacturing & providing nutrient-rich morning meals.

At BioCertica, we believe the children of South Africa are the future of our nation, and we need to play our part in looking after those who cannot fend for themselves.

Funding


$650k pre-seed round

  • MOP: $190k (sweat equity)
  • GVV: $350k (cash)
  • Friends, family and crowdfunding: $100k (cash)



Founders


Summary


Top five reasons to invest

  1. Opportunity
  2. Timing
  3. Execution
  4. High barriers to entry
  5. Matching algorithm patentable

Deal terms


Valuation cap

$9,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$100

The smallest investment amount that BioCertica is accepting.
Learn more

Maximum investment

$120,000

The largest investment amount that BioCertica is accepting.
Learn more

Funding goal

$1.24M

The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
BioCertica needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of the Company (currently Gert van Wyk)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by BioCertica, Inc. . View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
BioCertica Crowd SAFE BioCertica Form C.pdf

About BioCertica

Legal Name
BioCertica, Inc.
Founded
Aug 2020
Form
Delaware Corporation
Employees
30
Website
biocertica.com/pages/bio-login
Social Media
Headquarters
Google Map location of of BioCertica
1013 Centre Road Suite 403-A , Wilmington, DE
Headquarters
1013 Centre Road, Suite 403-A, Wilmington, DE, United States 19805

BioCertica Team
Everyone helping build BioCertica, not limited to employees

Profile picture of Gert van Wyk
Gert van Wyk
Founder & CEO
Profile picture of Arno Smit
Arno Smit
Co-founder & CPO
Profile picture of Faris Zacina
Faris Zacina
Lead Investor & Strategist
Profile picture of Amer Diglisic
Amer Diglisic
Product & Tech Lead
Profile picture of Mirna Dragaš
Mirna Dragaš
Product Manager
Profile picture of Carel van Heerden
Carel van Heerden
Lab Manager
Profile picture of Ajdin Halać
Ajdin Halać
Software Developer | Backend Lead
Profile picture of Jo McBride
Jo McBride
Lab Advisor
Profile picture of Alisson  Diab
Alisson Diab
Lab Advisor
Profile picture of Céline Haarhoff
Céline Haarhoff
Country Manager
Profile picture of Maryka Niemand
Maryka Niemand
Head of Marketing
Profile picture of Edin Hamzic
Edin Hamzic
Chief Scientific Officer
Profile picture of Nermin Đuzić
Nermin Đuzić
Content Specialist
Profile picture of Jamie Fernandez
Jamie Fernandez
Content Writer
Profile picture of Amar Kasapovic
Amar Kasapovic
Product Designer
Profile picture of Jonine  Möller
Jonine Möller
Content Writer
Profile picture of Meliha  Dejkić
Meliha Dejkić
Software Developer
Profile picture of Selma  Papić
Selma Papić
Software Engineer
Profile picture of Marilu Meiring
Marilu Meiring
Head of Distribution
Profile picture of Nicolette Louw
Nicolette Louw
Customer Relations
Profile picture of Jan Vorster
Jan Vorster
Genomics Expert
Profile picture of Monja van Zyl
Monja van Zyl
CFO
Profile picture of Lomari Geertsema
Lomari Geertsema
Lab Analyst
20 more team members
Gert van Wyk
Founder & CEO
Arno Smit
Co-founder & CPO
Faris Zacina
Lead Investor & Strategist
Amer Diglisic
Product & Tech Lead
Mirna Dragaš
Product Manager
Carel van Heerden
Lab Manager
Ajdin Halać
Software Developer | Backend Lead
Jo McBride
Lab Advisor
Alisson Diab
Lab Advisor
Céline Haarhoff
Country Manager
Maryka Niemand
Head of Marketing
Edin Hamzic
Chief Scientific Officer
Nermin Đuzić
Content Specialist
Jamie Fernandez
Content Writer
Amar Kasapovic
Product Designer
Jonine Möller
Content Writer
Meliha Dejkić
Software Developer
Selma Papić
Software Engineer
Lomari Geertsema
Lab Analyst
Marilu Meiring
Head of Distribution
Nicolette Louw
Customer Relations
Jan Vorster
Genomics Expert
Monja van Zyl
CFO
Logo of BioCertica

BioCertica

BioCertica successfully raised $25,021 from 48 investors on August 15, 2023
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